Wound care device maker MolecuLight secures $39.5 million CAD from UK-based Hayfin
Toronto-based company says funding will support new thermal imaging, 3D visualization features.
Healthtech
AstraZeneca to invest $820-million CAD in Ontario facilities expansion
Invest Ontario providing $16.1-million CAD grant to support life sciences sector growth.
Home hardware: Canadian founders at CES talk challenges and opportunities
Canadian companies took home honours at the consumer trade show, but want more support.
League hits user milestone and secures $100-million USD credit facility from RBCx
Financing to support platform development, sales capacity, and potential mergers and acquisitions.
Doctor-led Oxford Cancer Analytics closes $16-million CAD Series A to improve early lung cancer detection
UK and Toronto-based startup applies proteomics and AI to blood tests.
Aspect Biosystems lands $165-million CAD Series B to advance 3D-printed tissue therapies
Financing pushes Vancouver startup closer to clinical trials targeting diabetes, liver disease.
Carebook joins parade of public Canadian tech companies returning private
Since its TSXV debut, Carebook’s stock price has lost more than 95 percent of its value.
Glen Ventures lands $5 million CAD from IQ fund to back early-stage healthtech startups
VC firm to raise dedicated fund in new year separate from government mandate.
Fluid Biomed closes $27-million USD Series A to fund expanded human clinical studies
University of Calgary neurosurgeons aim to deliver a better brain stent.
Alberta Enterprise Corporation launches Accelerate Fund IV with $15 million to back early-stage tech startups
First close from AEC brings Fund IV more than halfway to its $25-million target.
Aramis Biotechnologies secures $80 million CAD for vaccine development do-over
Former staffers from Medicago get another shot at vaccine development with renewed backing from federal government.
KisoJi raises $57-million CAD Series B to advance antibody cancer therapy
Montréal-based biotech company using AI to boost antibody identification platform.
Trexo Robotics has helped children with disabilities take 100 million steps
Device is meant to assist those with cerebral palsy and other leg mobility-affecting conditions.
British Columbia deploys combined $9.2 million into projects tackling climate, nutrition, health and more
Funding recipients include Ekona Power, Wildfire Robotics, and Ideon Technologies.
Belgian VC Theodorus relocates to Canada under new name to target early-stage life sciences startups
Rebranded to Seido Capital, the firm has secured $45 million towards its fifth fund.