Eli Health closes $17-million CAD Series A to fuel launch of hormone-monitoring tech
BDC’s Thrive backs Montréal startup’s plan to begin bringing its hormone test to market.
Healthtech
Medtech AI startups ProteinQure and AssistIQ each close Series A rounds
ProteinQure to debut AI-engineered cancer drug in the clinic, while AssistIQ expands medical supply platform.
Jane Software to be reportedly valued at $1.8 billion in upcoming secondary financing
TCV and other US-based private equity firms to snatch up $500 million in Jane shares.
Ontario Premier Doug Ford did not deliver the innovation budget tech leaders wanted
Open letter from CEOs not heeded as budget projects $14.6-billion deficit.
Canada’s auto tech industry crashes into a triple emergency
Exro, LeddarTech, and Lion Electric are all scrambling to make deals to stay afloat.
Well Health says its healthy Q1 revenue is a symptom of Canadian growth
Vancouver healthtech expects Healwell AI stake to further boost its 2025 fortunes.
Healwell revenue more than doubled in Q1 2025 thanks to acquisition spree and AI
Toronto healthtech expects more strong quarters ahead thanks to Orion Health acquisition.
Biotech Intrepid Labs exits stealth with funding from Radical Ventures and Avant Bio
University of Toronto spinout looks to fast-track drug formulation with machine learning and robotics.
Healthtech leaders behind AlayaCare and Mimosa say Canadian procurement lacks transparency and risk appetite
Canadian tech lobbying group CCI argues Canada faces a wide breadth of procurement issues.
Age-Well partners with Ikea, U of T to launch studio for testing tech for seniors
Startups, researchers, and investors plan to work together on tech for at-home aging.
University of Calgary becomes XPrize Foundation’s first international hub
Alberta and Calgary governments each gave $1.5 million to the initiative.
Québec grants Centech $4.5 million to boost deep tech, medtech commercialization
Puzzle Medical, Eli Health graduated incubator-accelerator program run out of École technologique supérieure.
Healwell shakes up C-suite following Well Health takeover, shifts CEO Alexander Dobranowski to president
Healwell’s new CEO and chief commercial officer both come from its latest acquisition, Orion Health.
Canadian-founded Fluent Ventures bets on global startups with $40-million USD early-stage VC program
Fluent sees Canada as “a core geography” as firm eyes innovation beyond Silicon Valley.
France’s Alan comes to Canada with digital group health insurance for tech startups
Teachers-backed unicorn aims to help disrupt Canada’s health insurance market.