Federal government names six funds to distribute $50 million VCCI life science financing
Pender Ventures, Amplitude Ventures among recipients.
Healthtech
H|T: The Healthtech Times – More healthtech fraud with Outcome Health ex-exec judgment
Plus: Spring Health nabs $71M, propels to $2.5B valuation.
Medfar secures $30 million CAD, looks to acquire more electronic medical record software providers
Medfar was built by two aeronautical engineers who wanted to digitize health clinics
H|T: The Healthtech Times – Lululemon’s failed attempt at becoming a tech company
Plus: Felix and Eli raise new rounds.
MY01 raises $12.5 million CAD for microsensors that aid in physician diagnostics
Montréal medtech startup uses microsensors to help doctors diagnose acute compartment syndrome.
H|T: The Healthtech Times – BC researchers have an AI model that predicts cancer survival rates
Plus: Toronto’s Hypercare sole Canadian startup selected for AWS healthcare
Meet the Canadian startups participating in Y Combinator’s Winter 2023 Demo Day
A total of 282 companies participated globally.
Felix expands into more complex categories of care following $18 million Series B
Healthtech startup targets moves into Québec, weight loss, therapy.
Eli raises $5 million to make at-home hormone testing for women more accessible
“It will allow us to build a large-scale dataset of daily hormone levels for the first time in history.”
Nimble Science raises $2.7 million to collect data from previously inaccessible regions of small intestine
Nimble’s ingestible device brings new insights into stomach health.
H|T: The Healthtech Times – Haply building Surgeon Simulator backed by BDC Deep Tech
Plus: Noze gets $1M grant for malaria breathalyzer from Gates Foundation
Toronto’s Hypercare sole Canadian startup selected for AWS healthcare accelerator
The healthcare coordination platform among the cohort of 23 companies chosen to participate.
UBC, BC Cancer researchers develop AI model to predict cancer survival rates
The AI model can predict survival outcomes within six months, 36 months, 60 months.
H|T: The Healthtech Times – Google is flexing its health care AI muscle
Plus: PointClickCare acquires Patient Pattern.
Noze receives $1 million grant from Bill & Melinda Gates Foundation to build TB- and malaria-detecting breathalyzer
The startup’s digital odour perception platform was used during the COVID-19 pandemic.