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Posts Tagged: media coverage

ChipCare closes oversubscribed $5 million series A financing

With lead investment from Puffin Partners, the Ontario, Canada-based company is taking lifesaving blood-testing technology to low- and middle-income countries TORONTO, March 3, 2015 — ChipCare Corporation, a University of Toronto start-up company commercializing a handheld, blood-testing platform for HIV and other infectious and non-communicable diseases has closed a $5.045 million Series A financing to bring its first-generation product to market while further developing the platform’s next generation products. The Wall Street Journal's Venture Capital Dispatch blog, Yonge Street Media, BetaKit and PEHub ... Read more

Onyx Motion to appear on NextGenDen, web-based Dragon’s Den CBC show for mobile and Internet companies

UTEST company Onyx Motion, makers of an Android wear app called Swish that provides digital coaching for sports like basketball, will appear on CBC's NextGenDen. UPDATED! You can watch the Onyx Motion/Swish episode here (jump to the 6:15 mark). The online web series seeks to take the popular Dragon's Den model to Internet- and mobile-focused companies and features a new panel of dragons: Michael Hyatt, Michelle Romanow, Paul Miklas and Matthew Corrin. Onyx Motion, led by CEO Marissa Wu and CTO Vivek Kesarwani, will ... Read more

BlueDot, formerly BioDiaspora Inc., secures Series A with Horizons Ventures

Toronto-based commercial arm of BioDiaspora research program tracks global spread of infectious diseases in real-time; fourth MI company to reach Series A TORONTO (Dec. 2, 2014) — BlueDot, a Toronto-based social benefit corporation founded by Dr. Kamran Khan, an infectious disease physician and scientist, tracks and predicts the global spread of infectious diseases. Spun off from St. Michael’s Hospital in partnership with MaRS Innovation (and formerly known as BioDiaspora Inc.), BlueDot, has secured a Series A venture capital funding from Horizons Ventures. Funded ... Read more

Encycle Therapeutics developing lead molecule to tackle inflammatory bowel disease

Company's collaborative partnership with IRICoR, Université de Montréal and MaRS Innovation, funded by Merck Canada, to advance macrocycle drug TORONTO and MONTREAL, Nov. 10, 2014 — Encycle Therapeutics Inc., a biotechnology start-up founded by Dr. Andrei Yudin of the University of Toronto in partnership with MaRS Innovation, is developing its lead orally-bioavailable macrocycle drug to target integrin a4b7, which is involved in the inflammatory process in a number of diseases, most notably for inflammatory bowel disease. This announcement was covered in SciBX, Drug Discovery ... Read more

BioCentury features Vasomune Therapeutics

Vasomune Therapeutics, a MaRS Innovation start-up company from Sunnybrook Health Sciences Centre's Sunnybrook Research Institute, was featured in a BioCentury emerging company profile by Michael J. Haas. The company is currently raising a Series A financing round and recently closed a seed investment with Genome Canada and an unnamed industry partner. MaRS Innovation also contributed a third of the investment, bringing the round's total to $1.5 million. Haas' profile, "Vasomune: Lassoing Tie2," is available behind a paywall on the BioCentury website. Here's a short ... Read more

Toronto Star features Minuum keyboard’s successful iPhone product launch

UTEST graduate Whirlscape was featured in Raju Mudhar's Toronto Star article, "Toronto’s Whirlscape debuts tiny Minuum keyboard on iPhone," which examines the company's successful launch of their innovative, one-line keyboard for Apple's iOS 8. The UTEST program, co-directed by MaRS Innovation and the University of Toronto's Innovations & Partnerships Office, gives nascent software companies start-up funding, office space, mentoring and business strategy support. Whirlscape was among the program's first cohort. The article was published October 6, 2014. Here's an excerpt: An Indiegogo success 18 ... Read more

Kaypok, MI’s director of intellectual property quoted in the Financial Post

Article focuses on importance of intellectual property protection for small businesses Dr. Stacey Ivanchuk, MaRS Innovation's director of intellectual property, was quoted in Denise Deveau's article, "Intellectual property protection is a game small businesses can't afford to lose," for the Financial Post on September 26, 2014 regarding the importance of protecting intellectual property for small businesses. Here's an excerpt: Stacey Ivanchuk, director of intellectual property for MaRS Innovation in Toronto, says that protecting a startup’s technology is important especially from an investor’s perspective. “One of ... Read more

BioDiaspora founder appears on CBC’s “The National” to discuss the Ebola crisis

Dr. Kamran Khan, founder of BioDiaspora, appeared on CBC's "The National" on September 23, 2014, as part of a health panel examining the current state of the Ebola outbreak in west Africa. CBC anchor Peter Mansbridge hosted the discussion. Watch the clip on CBC's website. BioDiaspora, spun off from St. Michael's Hospital in partnership with MaRS Innovation, developed an easy-to-access, web-based solution that generates and communicates customized, actionable intelligence about global infectious disease threats in real-time. (more…) Read more

WaveCheck campaign part of new study on crowdfunding medical research

MI's Fazila Seker also interviewed in National Post article on what prompts medical researchers to consider crowdfunding The WaveCheck crowdfunding campaign, which raised $53,390 on Indiegogo to support clinical trials for a clinical technique invented by researchers at Sunnybrook Health Sciences Centre and Ryerson University, was included in a new Canadian-led study on the merits of crowdfunding to support cancer and rare diseases. "Crowdfunding drug development: The state of play in oncology and rare diseases," was published in Drug Discovery Today's June issue. MaRS ... Read more

Globe and Mail: Strong incubators are key to driving innovation

Jeff Cates' op-ed in the Globe and Mail's Small Business/Digital Innovation section on June 19, 2014 argues that incubators have a key role to play in fostering innovation, entrepreneurship and growing new industries in Ontario. Cates states this is particularly true when incubators when they provide programs and services to help young entrepreneurs succeed. The University of Toronto Early-Stage Technology program (UTEST), co-managed with MaRS Innovation, is one such program. UTEST is set to announce its third cohort within the next month. (more…) Read more
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