Category: Health
Back pain relief breakthrough: Ontario Tech post-doctoral research fellow secures new federal funding to aid older Canadians in battling arthritis.
- Dr. Jessica Wong, a post-doctoral research fellow at Ontario Tech University, has received federal funding to help older Canadians fight back pain and arthritis.
- Musculoskeletal conditions, such as back pain and arthritis, are significant causes of disability among older Canadians.
- The funding received includes a grant of $270,000 from the Canadian Institutes of Health Research to study ways to improve health services for older patients with bone, joint, muscle, and connective tissue issues.
Health monitoring device innovator Ultrahuman secures $35 million in funding from existing investors through a mix of equity and debt financing
- Health monitoring device maker Ultrahuman raises $35 million in funding from existing investors including Blume Ventures, Steadview Capital, and Nexus Venture Partners
- The round was co-led by Blume Ventures, Steadview Capital, and Nexus Venture Partners, with participation from other existing investors like Alpha Wave Global and Zomato founder Deepinder Goyal
- Ultrahuman’s founder and chief executive, Mohit Kumar, shared details of the funding round in an interaction with ET
- The company’s existing investors showed strong support by participating in the funding round
- The funding round signifies investor confidence in Ultrahuman’s health monitoring device and its potential for growth
Ultrahuman Raises $35 Million in Funding for Health Monitoring Device Innovation
Ultrahuman, a prominent health monitoring device maker, recently announced a significant achievement in securing $35 million in funding through a combination of equity and debt. Read more