DIGITAL invests $10.5 million across four AI projects from healthtech startups
Projects from Swift Medical, RxPx, Gotcare, and AlayaCare carry a collective $26-million value.
Healthtech
H|T: The Healthtech Times – Uber Health rolling out caregiving solution in US
Plus: CloudMD to go private after acquisition spree dries liquidity.
Vantage points: MedEssist’s Joella Almeida on why being the ‘Shopify for Pharmacies’ is not enough
“Federally procured and provincially distributed” healthcare alienates practitioners from process.
Meet the founder who wants to expedite Parkinson’s patient care with her tech
Bronwyn Bridges discusses her journey into healthtech with PragmaClin and her entrepreneurial “superpower.”
Q1 Canadian VC funding posts mixed results as PE market rebounds, CVCA reports
Pre-seed, seed-stage VC funding declines as late-stage investment continues descent.
H|T: The Healthtech Times – Neuralink encounters its first problem in a human patient
Plus: Oracle’s $28-billion Cerner healthtech acquisition is losing clients.
CloudMD to be taken private by CPS Capital
CloudMD had been reviewing options to solve its liquidity issues as a result of its numerous acquisitions.
H|T: The Healthtech Times – Walmart ditches telehealth and cyberattack paralyzes Canadian pharmacy chain
Plus: Ottawa firm acquires mental health platform for first responders.
WATCH: Vantage points panel with four Canadian tech founders
Leaders from Cohere, MedEssist, Transformer Lab, and Socratica shared their stories at BetaKit Town Hall.
Xatoms is planning a quantum leap to clean the world’s water
R&D-stage startup is using AI and quantum chemistry to purify the world’s most precious resource.
ITIF president wonders whether Canada has the “political will” to fix its productivity issues
Rob Atkinson pines for a “killer instinct” while launching the CCIC.
H|T: The Healthtech Times – Recent hospital research undercuts AI’s timesaving promises
Plus: Drug discovery startup from controversial ex-Stanford president raises $1B.
Versaterm acquires American mental health platform for first responders
This is the public safety tech firm’s second acquisition within the past month.
Biointelligence raises $5 million for biomanufacturing efficiency platform
The company intends to use the funds to accelerate growth in the United States and Europe.
Pendium Health wins $10,000 at OCI’s DiscoveryX Conference
DiscoveryX returned to Toronto’s Enercare Centre this month after a four-year hiatus.