Oncology diagnostics company PreciseDx has successfully raised $20.7 million in Series B funding. This latest investment, led by Eventide Asset Management, brings the company’s total funding to $31.5 million. Other participants in the round include Labcorp, Quest Diagnostics, and GenHenn Capital Venture. The capital infusion is set to accelerate the commercialization of PreciseDx’s flagship product, PreciseBreast, an AI-powered risk assessment tool for…
Cairn Surgical, a medtech company focused on enhancing the precision of breast cancer surgeries, has successfully closed $4.5 million in Series A2 financing led by Morningside Ventures. The newly acquired funds will be directed towards completing the pivotal U.S. trial of Cairn Surgical’s Breast Cancer Locator (BCL™) System, a novel technology designed to significantly enhance the accuracy of breast-conserving surgeries, commonly known…
Medtech company Bone Index has announced the successful close of its latest financing round and a new strategic partnership with Lynx Financial. This collaboration is set to enhance Bone Index’s distribution and service capabilities across North America and the Asia Pacific regions, allowing the company to meet the increasing demand for its bone health diagnostic solutions in these key markets. The funding,…
Toronto-based startup Fibra has closed its oversubscribed pre-seed funding round, raising $1.25 million USD ($1.7 million CAD). The funding will be used to accelerate the development of Fibra’s smart underwear technology designed to ease reproductive health monitoring for women. The round saw participation from Canadian and U.S.-based venture capital firms, reflecting growing investor confidence in innovations focused on women’s health. “We are…
The new AI-powered Feeling Great app has raised $8 million in seed funding to bring innovative mental health care solutions to users worldwide. This funding round was co-led by Learn Capital and TitleTownTech, with additional participation from Lux Ventures, WaveMaker Three-Sixty Health, Pacific Health Ventures, and Treble Capital. Developed by Dr. David D. Burns, a renowned psychiatrist and best-selling author, along with…
Afynia Laboratories, a Canada-based startup led by former McMaster University researchers, has raised $1.5 million USD to advance the commercialization of their innovative endometriosis test, EndomiR. Co-founders Lauren Foster and Jocelyn Wessels aim to significantly improve the diagnostic process for endometriosis, a condition affecting millions of women globally. Afynia Laboratories, under the leadership of CEO Lauren Foster and Chief Scientific Officer Jocelyn…
Canadian-based Noze, a company working on breath-based diagnostics, has secured a $5 million equity investment from the Bill & Melinda Gates Foundation. This investment anchors a new funding round for the breath-based diagnostics startup. The funding follows two previous grants from the foundation, bringing its total contribution to $6.8 million. The funding will support further development of Noze’s disease detection platform for…
Flo Health, a leading women’s health app, has raised more than $200 million in a Series C investment from General Atlantic, a prominent global growth investor. This investment propels Flo’s valuation beyond $1 billion, making it the first purely digital consumer women’s health app to achieve unicorn status. Flo Health’s mission is to support women at every stage of their health journey,…
