Nicoya Lifesciences raises $2 million to make protein testing equipment more accessible to researchers
Kitchener-based Nicoya Lifesciences has raised $2 million. The funding was led by Ripple Ventures and GTAN, with participation…
Healthtech
FloSonics raises $5 million for device helping hospitals track critically-ill patients
Sudbury-based FloSonics Medical has raised $5 million in funding led by iGan Partners. Other investors include Genesys Capital,…
MedStack’s Balaji Gopalan says companies must tell the stories of their customers
While entrepreneurs may be excited about their products and how they’ll change the industry, it’s hard to translate…
MedChart, Eve Medical part of healthtech projects funded by $5.47 million from Ontario
The Ontario government is dedicating $5.47 million in 12 projects through its Health Technologies Fund through 2018, which…
2017 shows healthtech funding primed to grow in 2018
While sectors like AI and mobile startups often get a lot of attention, Canada’s healthtech sector could be primed for healthy…
Amorchem closes $44.2 million for biotech fund
AmorChem has raised a $44.2 million second fund to invest in seed-stage biotechnology companies. AmorChem II was backed by…
Well.ca acquired by McKesson Canada
Well.ca has been acquired by McKesson Canada, which builds supply chain solutions for pharmacies, manufacturers, and governments.…
Toronto-based Qvella raises $25 million Series B to improve molecular diagnostics
Toronto-based Qvella has raised a $25 million CAD Series B. The molecular diagnostics company is developing technology that…
Trexo Robotics wins $35,000 at Sunnybrook’s Hawk’s Nest pitch competition
Last week, Sunnybrook Hospital Next Generation hosted the Hawk’s Nest, a healthtech-focused competition challenging four…
Great West-Life piloting Dialogue’s employee healthcare platform
Winnipeg-based Great West-Life is partnering with Montreal-based Dialogue to offer a virtual healthcare platform in its group…
Canadian medtech needs more early-stage funding
As any startup knows, access to capital is the single most consistent impediment to the incubation and growth of young companies.…
Bernie Sanders health care talk shows U.S. not just interested in our tech talent
It appears that Canada and Bernie Sanders share a mutual appreciation. With all eyes focused south in 2016 on the US election…
Today in Funding ($40M): Appili, Finn.ai, Goldmoney, Askuity, ODX
Every day, BetaKit tracks innovation funding news from across Canada. Here’s the latest on who raised how much, and from…
Seven industries being disrupted by VR
Knowing a new technology is going to be important for business is one thing; developing a great use case for it is entirely…
Sequence Bio announces new chair of Scientific Advisory Board
Sequence Bio, a Newfoundland and Labrador-based company studying the province’s unique genetic makeup, has announced a new…