medtech Archives

Idea to Investment Podcast: How FACIT’s support propels early cancer innovations

Posted on January 17, 2025 (January 27, 2025) by Ricky

January 17, 2025 – FACIT’s David Koehler, Director of Fund Operations, appeared on TechAlliance’s Idea to Investment podcast along with Saumik Biswas, President, CEO and Founder of Tenomix Inc. based in London, Ontario. Tenomix’s advancements exemplifies how FACIT’s continuum of commercialization programs can strategically capitalize on homegrown talent and innovations to spur promising start-ups to grow roots in Ontario and bring cancer solutions to benefit patients sooner.

Hyivy Health raises seed financing to modernize pelvic rehab to improve recovery from gynecological and colorectal cancers

Posted on September 27, 2024 (December 12, 2024) by Ricky

September 27, 2024 – Hyivy Health announced the closing of a seed financing round to advance their game-changing Pelvic Health Rehabilitation System. Hyivy will now complete clinical trials and seek regulatory approval allowing their technology to benefit patients recovering from gynecological and colorectal cancers.

FACIT portfolio company Tenomix secures an all-Canadian investment round for colorectal cancer diagnostic

Posted on March 1, 2024 (March 20, 2024) by Ricky

March 1, 2024 – FACIT congratulates London, Ontario based Tenomix Inc. (“Tenomix”) on successfully reaching a key milestone in closing its latest financing round to help propel the medtech start-up. Tenomix’s bench-top device will save time and costs by automating the process of lymph node identification in resected tissue while providing more accurate cancer staging for better patient care.