H|T: The Healthtech Times – Former unicorn Olive AI winds down operations
Plus: Nova Scotia taps Maple for province-wide virtual care.
Healthtech
Virtual care platform Mednow announces restructuring, looks for buyer
Receivership occurs just over two years after listing on the TSX Venture Exchange.
Sanctuary AI, RainStick among #CDNtech companies named to TIME’s 2023 Best Inventions list
The list also recognized neural earbud developer Naqi Logix and lithium tech firm Li-Metal.
Nova Scotia taps Maple to expand free virtual care to the entire province
Maple will expand from servicing 145,000 Nova Scotians to over one million.
H|T: The Healthtech Times – Amazon Clinic can now treat cough, cold, or flu
Plus: Well Health acquires cybersecurity businesses, CAE to sell healthcare unit for $311M.
RBCx hires former SVB Canada employees to bolster support for seed-stage and life sciences startups
RBC joins growing list of Canadian banks to add talent from now-defunct SVB Canada.
Kento Health raises $4.1 million CAD to bring AI to cardiovascular care
Dialogue alumni’s new startup is gearing up to strike hard in the battle against the leading cause of death.
BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund
VCs applaud BDC’s commitment to direct seed funding, ask for more emerging manager support.
H|T: The Healthtech Times – OMERS Ventures wants you to reset your expectations for healthtech investing
Plus: Pfizer Canada announces inaugural cohort of its Healthcare Hub.
Well Health acquires two cybersecurity businesses, Seekintoo and Proack
Well claims its cybersecurity branch Cycura now supports over 200,000 end users.
H|T: The Healthtech Times – AI takeover: predictive pitfall or “medicine’s biggest moment” since antibiotics?
Plus: Quebec City-based OpSens acquired by US firm in $345M deal.
CANImmunize, PharmaGuide, Wave View Imaging named to inaugural cohort of Pfizer Canada’s Healthcare Hub
Pfizer Canada is earmarking $1.4 million in in-kind support and donations as part of the program.
H|T: The Healthtech Times – A collective $29 million committed to Canadian AI healthtech integration
Plus: US mental health startup Headway raises $125 million at $1 billion valuation.
FluidAI Medical announces $15-million Series A for AI-driven postoperative monitor
Series A round comes almost exactly one year after rebranding from NERv Technology.
Boston-based Haemonetics announces intent to acquire OpSens in healthtech deal worth $345 million CAD
OpSens said acquisition will provide the company with a global sales channel.