H|T: The Healthtech Times – LifeSpeak’s largest acquisition
Plus: Their bionic eyes are now obsolete and unsupported.
Healthtech
Aviron scores $23.6 million CAD Series A round to make rowing fun
Toronto startup hopes to row around Peloton’s shark-infested waters.
Paramedic tech provider Prehos secures $7.2 million in seed funding
Ambulance services provider Dessercom is an investor in Prehos.
H|T: The Healthtech Times – Canadian biotech leader Clarissa Desjardins secures the bag
Plus: Peloton is cutting 20 percent of workforce as CEO steps down.
LifeSpeak to acquire digital fitness platform Wellbeats for up to $117.9 million CAD
Wellbeats would mark LifeSpeak’s largest acquisition to date.
Cyclica spins out startup, Perturba Therapeutics, from University of Toronto
Perturba fuses AI-drug design and biological science.
H|T: The Healthtech Times – PointClickCare’s audacious acquisition
Plus: Remote patient monitoring is raking in venture funding.
Canadian biotech leader Clarissa Desjardins secures $63 million CAD for Congruence Therapeutics
PerkinElmer and Ipsen purchased two of Desjardins’ previous companies.
iGan Partners, Faisal Belhoul launch Arabia medtech fund with $250 million USD target
The fund has invested in Okadoc, Exact Imaging, eSight, and MolecuLight.
H|T: The Healthtech Times – Investors bet big on BenchSci
Plus: What stopped The Canadian Shield from supplying the PPE and tests Canada needs?
Gandeeva Therapeutics raises $40 million in Series A funding to scale precision imaging tech
Venture capital firms Lux Capital and Leaps by Bayer led Gandeeva’s round.
PointClickCare looks to acquire US-based Audacious Inquiry
PointClickCare claims the acquisition creates access to over 150 million people.
Optina secures up to $2.6 million from Bill Gates, Jeff Bezos-backed foundation for Alzheimer’s discovery
The funding will be used to expand the number of Optina’s clinical study sites.
Three healthtech companies hiring in Canada right now
Felix Health, CognisantMD, and Align Technology are all hiring.
What stopped The Canadian Shield from supplying the PPE and rapid tests Canada needs?
China, middle-men, and government bureaucracy.