Winnipeg-based Cerebra to assist with provincial sleep test backlog
Contract with Manitoba will help alleviate backlog of province’s sleep study cases following pandemic.
Healthtech
Smile Digital Health secures $30 million Series B to expand AI, machine learning capabilities
LinkedIn posts indicate Smile Digital Health quietly let people go last year.
Pender Ventures closes first half of $100 million target for second venture fund
After focusing primarily on Western Canada, Pender Ventures has its eye on other parts of Canada.
H|T: The Healthtech Times – How Tomi Poutanen is using AI to tackle Canadian healthcare
Plus: Teladoc Health lays off 300 staff.
Harvest Builders, Headversity, among 15 recipients of $25.5 million PrairiesCan investment for Calgary businesses
The funding is expected to support over 800 jobs in healthtech, cleantech, other sectors.
H|T: The Healthtech Times – Carbon Health cuts staff, closes $100M
Plus: LeanTaas and Hospital IQ join forces.
H|T: The Healthtech Times – Watson Health up for sale…again
Plus: Amazon’s One Medical deal moves forward.
Able Innovations, Cognota, BlueDot among recipients of $14 million FedDev investment
Federal contribution expected to create over 230 skilled jobs across GTA.
World Health Organization, Canadian startup Firstline team up to combat global health threat of antibiotic resistance
The WHO’s AWaRe platform also has roots in Hamilton’s McMaster University.
H|T: The Healthtech Times – MasterControl becomes unicorn after $150 million Series A
Plus: Bezos and Gates on the hunt for brain implant breakthrough.
Vector Health Labs acquires AI-driven mental health tech startup Get A-Head
The deal was valued at $17 million.
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
KeyOps secures $4 million CAD to connect pharma sales, marketing staff with physicians
Healthtech startup to use funds for North American expansion.
H|T: The Healthtech Times – Senior health initiative gets $47 million SIF investment
Plus: Former Theranos COO Sunny Balwani sentenced to nearly 13 years in prison.