Harvest Builders, Headversity, among 15 recipients of $25.5 million PrairiesCan investment
Summary
Calgary-based Harvest Builders, as well as healthtech startups Headversity and PurposeMed are among the 15 recipients of a cumulative $25.5 million federal funding.The investment was made through Prairies Economic Development Canada (PrairiesCan)s Jobs and Growth Fund, and is expected to support and create over 800 jobs across Albertas innovation economy.The recipients of the PrairiesCan funding range in sectors, including multiple companies from the clean energy, manufacturing, and healthtech industries, among others. At that time, the startup said it plans to integrate HIS health and wellness program, planning evaluation, and related services, into the formers platform.In early 2022, Headversity announced the closing of a $12.5 million CAD Series A round to fuel the growth of its software across the United States. The startup said this recent investment will go towards expanding market adoption of its product.PurposeMed builds and operates telehealth brands, including HIV prevention services provider Freddie, virtual ADHD clinic Frida, as well as Affirming Care Pharmacy. The startup said this is earmarked for scaling up its operations and extend the delivery of complex telehealth solutions to at-risk and underserved communities in Canada.Other healthcare-related organizations that received funding in this cohort are Kent Imaging ($1.8 million), which provides imaging technology for limb preservation and surgical care; health data platform Lumiio ($1.3 million); and research consultancy Medlior Health Outcomes Research ($584,500).The group of recipients also includes ICwhatUC (operating as IrisCX), which secured $270,000 of PrairiesCans cumulative investment. Using artificial intelligence, IrisCXs platform allows businesses to provide remote sales and after-sales support.