Drug discovery startup Congruence Therapeutics closes $20 million CAD extension of Series A
BDC Capital’s Thrive Venture Fund joined to lead the extension.
Healthtech
Able Innovations strikes deal with Ottawa hospital for robotic patient transfer tech
Able Innovations’ robotic medical device addresses problem of patient transfers.
H|T: The Healthtech Times – Is Apple close to no-prick blood glucose tracking for its watch?
Plus: Amazon completes takeover of One Medical.
AssistIQ raises $2.5 million CAD to cut down on medical waste in hospitals
AI platform tracks use of disposable medical devices, supplies for surgeries and common procedures.
MaRS, adMare BioInnovations launch new biotech accelerator for early-stage ventures
New accelerator will provide valuable lab space, mentorship.
H|T: The Healthtech Times – Clinify’s mission to digitize African medical records
Plus: How Canada opened the door to for-profit virtual care.
Future Fields raises $15.1 million CAD to equip more industries with bioreactors made from flies
Founded to help the cultivated meat industry, Future Fields is expanding to medical research and biopharmaceuticals.
H|T: The Healthtech Times – Garmin expands Alberta presence
Plus: Three Atlantic Canadian healthtech startups gear up for growth.
Doctor-backed Clinify secures $2 million CAD to help digitize African medical records
Fuelled by personal tragedy, Michael Omidele aims to transform African healthcare delivery, starting in Nigeria.
GreenSky expands team, secures $17 million first close of Fund V as firm sees opportunity amid the downturn
“When you get that kind of volatility … that’s when you get the best opportunities.”
H|T: The Healthtech Times – Spotify founder takes on healthcare
Plus: Manitoba’s sleep test backlog solution.
Atlantic Canada healthtech firms NovaResp, SiftMed, The Rounds secure funding
Rounds for all companies were led by or had participation from Atlantic Canada-based VCs.
Garmin Canada to expand Alberta presence, hire for 200 STEM jobs
Garmin’s Canadian expansion comes as other Big Tech companies are cutting back.
Why I killed my startup
A one-on-one interview with the BetaKit Podcast’s co-host about what it takes to start—and end—a business.
H|T: The Healthtech Times – Smile Digital Health nabs $30 million Series B
Plus: Amazon expands into pharmacy.