Homecare Hub secures $3.4 million CAD in seed funding for its Airbnb-style senior care platform
Toronto-based senior care startup will use funding to begin expansion to US market.
Healthtech
H|T: The Healthtech Times – Deep Genomics adds life sciences veteran, Papa loses major contracts
Plus: Digital health, health IT funding slumped in Q2, but some bright spots remain.
Simmunome secures $2 million to make clinical trials more efficient with AI
Montréal startup’s backers include Theodorus, Eurêka, BKR Capital, Sandpiper, and ACET Capital.
Deep Genomics adds life sciences veteran as CEO to support its evolution into a biopharma firm
Brian O’Callaghan to lead Toronto firm as founder transitions to chief innovation officer.
H|T: The Healthtech Times – Where Amazon’s healthcare bets are headed next
Plus: MedStack gears up to help digital health startups in Europe navigate GDPR.
MedStack gears up to help digital health startups in Europe navigate GDPR compliance
To date, MedStack has largely operated in Canada and the US.
VentureLab appoints semiconductor industry leader Hugh Chow as CEO
Hong Kong-born Chow sees room for VentureLab to extend itself globally.
H|T: The Healthtech Times – Prognosis bankruptcy for Babylon, Imagia Canexia
Plus: Amazon threatened with legal action over sales of “unapproved” drugs.
Meet the Y Combinator Summer 2023 cohort startups with Canadian connections
Participants include Decoda Health, Greenlite, LifestyleRX, Spine AI, Tempo Labs, Terminal, and VaultPay.
H|T: The Healthtech Times – AbCellera denies patent infringement, Waystar eyes $8B valuation
Plus: Truepill moves to cut share price by 90 percent.
Gambit Partners aims to take some of the risk out of early-stage investing by leaning on its LPs
Led by Relay Ventures and VTS VPs, $2-million VC fund looks to leverage its LP battalion of Canadian tech operators.
Cancer-focused Imagia Canexia Health files for bankruptcy 18 months after merger
Oncology tech firm closed a $20-million round and led an $18-million Supercluster project in 2022.
OBIO offering up to $20,000 in grants to women-led health science companies
Deadline to apply for OBIO’s Women in Health Initiative is September 10.
PointClickCare launches PatientPay integration to increase payment efficiency in health-care facilities
PointClickCare expands marketplace of integrated solutions with PatientPay.
H|T: The Healthtech Times – Medtech funding expected to rise throughout 2023
Plus: Peloton launches new approach to B2B service.