Canadian tech layoffs continue as tough year comes to a close
Properly, TealBook, D2L, League among latest firms to cut staff amid economic downturn.
Healthtech
Nobul, Hopper top Deloitte Canada’s fastest growing startups lists for 2022
Annual survey of tech execs expresses concerns over access to capital, talent.
Cyclica receives $2.4 million CAD grant from Bill & Melinda Gates Foundation
The grant is helping develop new, hormone-free contraceptives.
H|T: The Healthtech Times – OnCall & AeroDPC acquired, HealthJoy fundraises
Plus: Modernizing Medicine to pay $45M to resolve False Claims Act allegations.
OnCall Health acquired by US-based SaaS provider Qualifacts
Prior to its acquisition, OnCall has raised around $10.5 million CAD.
H|T: The Healthtech Times – Inside Google’s quiet digital health acquisition
Plus: Cerebral lays off 20 percent of its staff.
H|T: The Healthtech Times – How VoxNeuro takes the subjectivity out of brain health assessments
Plus: Montreal’s Inversago raises $95-million to revive failed class of weight-loss drugs.
H|T: The Healthtech Times – Is Noom doomed?
Plus: 26 Canadian tech startups added to list of firms on path to $1 billion in annual revenue.
VoxNeuro closes $4 million to help diagnose concussions and Alzheimer’s disease
Backed by decades of research, VoxNeuro aims to bring objectivity to brain health assessments.
H|T: The Healthtech Times – Can a hackathon build ArriveCan for less than $54 million?
Plus: Digital health funding in Q3 slides to 2019 levels.
H|T: The Healthtech Times – Instacart to deliver health goods
Plus: Truepill conducts fourth round of layoffs in 2022.
RBC continues healthcare strategy with MDBilling acquisition
MDBilling builds on RBC’s purchase of Dr.Bill in 2020.
Innovate BC awards $2.3 million to eight R&D projects
Terramera, HTEC among recipients of this year’s funding.
H|T: The Healthtech Times – Lumira starts hedge fund to target oversold public companies
Plus: Real Ventures swaps managing partners.
H|T: The Healthtech Times – Peloton co-founders resign amid company shakeup
Plus: Well Health crack into TSX30 amid sector downturn.