Synapse News

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NeRV – 2019 Synapse Competition Winner – raises $3.32M to bring tech to market

NeRV, a startup offering a sensory platform designed for the healthtech sector, has closed a $3.32 million CAD ($2.65 million USD) seed round of funding.  NERv has been able to grow its team from 16 at the start of the pandemic to 24. The seed round was led by returning investor SOSV, with participation from […]

April 23, 2021 | Alex Muggah

NERV Technology Raises $3.32M as it brings medical sensor tech to market

NERV Technology, an Innovation Factory client and Kitchener-Waterloo-based startup offering a sensory platform designed for the healthtech sector, has closed a $3.32 million CAD seed round of funding. NERv has developed a sensory device that is aimed to help doctors monitor postoperative patients remotely, by detecting potential…

April 23, 2021 | Alex Muggah

Launchit: A new way of fostering health-tech companies

Launchit Ventures, a new healthtech venture studio, announced today the start of a new model of bringing innovations from idea to the commercialization. Launchit Ventures, as a venture studio, helps entrepreneurs build a team, obtain funding and necessary licenses, and will help arrange pilots and tests. “The venture studio model is…

April 21, 2021 | Alex Muggah

ToeFX & Eye3 to join OBIO 2021 CAAP Cohort

The Ontario Bioscience Innovation Organization (OBIO) is proud to announce its 2021 Capital Access Advisory Program (CAAP) and the high-potential health science companies in this year’s cohort. CAAP 2021 logos. Hamilton-based ToeFx and Eye3 are set to join 6 other companies that make up the 2021 CAAP cohort. Now in its ninth year, OBIO CAAP…

April 21, 2021 | Alex Muggah

Meet the Hamilton (Canadian) doctors working to identify and treat the rare blood clots linked to COVID-19 vaccines

A McMaster University lab that’s studied clots for decades has become key to the country’s efforts For decades, McMaster University in Hamilton, Ont., has been a hub for research on blood and its diseases — known as hematology — but in recent weeks it has taken on an even more prominent role in the field: […]

April 19, 2021 | Alex Muggah

Opinion: The problem is pandemics and Canadian university research is the solution

Published in: Hill Times By: David Farrar, President and Vice-Chancellor, McMaster University For more than a year now, the world has been on a crisis footing after the emergence of a frightening new virus for which there was no known prevention, treatment, or cure. The pandemic’s ravages—including illness, death, economic upheaval, and…

April 19, 2021 | Alex Muggah

Ottawa invests $6 million in the Innovation Factory

The federal government’s FedDev Ontario announced an investment of $6 million for Hamilton’s Innovation Factory, which will work alongside the Synapse Life Science Consortium to launch the Southern Ontario Pharmaceutical and Health Innovation Ecosystem (SOPHIE). SOPHIE will bring together Synapse’s network of experts in the life…

April 7, 2021 | Alex Muggah

Innovation Factory Receives $6M in FedDev Ontario Funding to Support Commercialization of High-Potential Life Science Innovators

Funding supports acceleration of ‘made-in-Canada’ life science solutions amidst global pandemic HAMILTON, ON, March 30, 2021 – Today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, announced a $6 million investment through the Federal Economic Development Agency for Southern Ontario (FedDev…

March 31, 2021 | Jennifer Gauvreau

FedDev Ontario supports new healthcare innovation ecosystem, including Mohawk College

Southern Ontario Pharmaceutical and Health Innovation Ecosystem will increase access to a specialized network of experts and create new jobs. On March 30, 2021, FedDev Ontario announced the investment of $6 million in Hamilton’s Innovation Factory to launch the Southern Ontario Pharmaceutical and Health Innovation Ecosystem (SOPHIE). SOPHIE…

March 30, 2021 | Alex Muggah