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NERv Technology raises $3.32 million as it prepares to bring medical sensor tech to market (BETAKIT)
NERv has been able to grow its team from 16 at the start of the pandemic to 24.
Accolade to acquire telehealth startup PlushCare for $450M (MED CITY NEWS)
The goal is to support primary care physicians with information about a patient’s health and benefits, CEO Rajeev Singh said.
Overall, Alan generates over €100 million in annualized revenue. While most of that revenue is spent back on claims, it’s an impressive revenue trajectory.
Alida employees build digital COVID-19 vaccine eligibility, search tool for Toronto residents (BETAKIT)
The group behind the tool said the existing vaccination system has been difficult to navigate.
UBC startup acquired by Bill Gates-backed company (BUSINESS IN VANCOUVER)
Metabolik Technologies has been acquired by U.S.-based Allonnia, which is backed by Gates’ Cascade Investment.
Virta Health pulls in $133M to expand its diabetes reversal platform (FIERCE HEALTHCARE)
The Series E financing boosts the company’s valuation to $2 billion from $1.1 billion back in December, according to the company.
Arjun Sudarsan, Nicoya’s CTO, claims the startup’s platform-based approach “will help prepare the world for viral outbreaks beyond SARS-CoV-2.”
GoodRx looks to consumer education with purchase of health video company HealthiNation (MOBIHEALTHNEWS)
GoodRx will use HealthiNation’s educational health videos to inform consumers and as an offering in its Manufacturing Solutions business.
The digital mental health market is booming. Here’s why some experts are concerned (FIERCE HEALTHCARE)
The success of digital mental health startups means that more people can access mental wellness than were potentially able to do so before. But how does this affect the health and privacy of consumers?
Despite small decline in deals, Waterloo Region remained a healthy startup ecosystem in 2020 (BETAKIT)
Waterloo Region startups raised $689.6 million for all of 2020 — up 107 percent over 2019. An additional report from Hockeystick also indicated a potential investing gap for BC’s early-stage startups.
Meet virtual reality, your new physical therapist (NEW YORK TIMES)
While use of the gaming technology for improving physical ailments is still in the early stages, it shows promise — and it’s fun.
Funding for private health firms surges amid pandemic shifts (BNN BLOOMBERG)
Investors poured $31.6 billion into health firms in the first quarter this year, research firm CB Insights said Tuesday in a report, more than double from a year earlier.