The Rounds closes $5.1 million CAD Series A from US VC firm Panoramic Ventures
The Halifax healthtech startup provides an online collaborative network for healthcare professionals.
Healthtech
Bright secures $1.45 million from Atlantic Canadian investors to bolster its “wellness-at-work” platform
Bright was initially named Cribcut and provided at-office haircuts and beauty services.
Headversity acquires Health Improvement Solutions to build out its mental health platform
HIS will introduce a health risk assessment methodology to the Headversity platform.
H|T: The Healthtech Times – Telus has its Lifeworks
Plus: More layoffs hit healthtech.
“Social” healthtech startup Curatio merges with Australian medtech firm RxMx
Named RxPx, the combined entity is backed by RxMx majority shareholder Pemba Capital Partners.
Meet the five Canadian startups participating in Y Combinator’s Summer 2022 Demo Day
Smallest #CDNtech group since Winter 2019 features four Toronto companies and one from Edmonton.
Telus acquires TSX-listed HR tech firm LifeWorks for $2.3 billion CAD
Telus acquires LifeWorks to bolster its employee wellness solutions.
H|T: The Healthtech Times – Vitalik Buterin gives financial boost to 🇨🇦 doctors tracking carbon dioxide levels
Plus: The many hurdles life sciences startups must overcome to commercialize.
Canadian-founded healthtech startup Power emerges from stealth with $7 million
Power wants to bring the process of discovering and accessing clinical trials into the future.
Vitalik Buterin fund gives financial booster shot to doctor’s startup assessing airborne COVID-19 risk
Raven Clean Air tracks carbon dioxide levels in order to assess COVID-19 risk.
H|T: The Healthtech Times – AlayaCare makes cuts as revenue doesn’t follow “aggressive investment”
Plus: Nurses say Amazon’s ambitions clash with health best practices.
Three Canadian startups selected for Google’s latest Women Founders accelerator cohort
Blossom Social, Emaww, MedEssist represent Canada in the third installation of Google’s accelerator.
The many hurdles life sciences startups must overcome to commercialize
Startups need cash, time, and connections.
H|T: The Healthtech Times – Truepill, Peloton, and Calm all make staff cuts
Plus: ByteDance Pays $1.5 Billion for China Hospital Chain in Health Foray.
AlayaCare lays off 14 percent of employees, slows M&A plans
AlayaCare’s CEO said startup’s revenue growth has not followed its “aggressive investment.”