logo
As Life Expectancy Stalls, NiaHealth Adds $5.75M in Funding to Lead Canada's Proactive Health Movement

As Life Expectancy Stalls, NiaHealth Adds $5.75M in Funding to Lead Canada's Proactive Health Movement

National Post5 hours ago

Article content
Led by Golden Ventures, the funding accelerates the rollout of NiaHealth's Platform 2.0 and cements its role as the category-defining leader in Canada's proactive health revolution.
Article content
TORONTO — NiaHealth, the fast-growing health tech startup pioneering proactive care in Canada, today announced the close of its $5.75 million seed round, led by Golden Ventures, with participation from notable investors including Kyle Braatz (CEO, Fullscript), Satish Kanwar & Arati Sharma (Good Future / ex-Shopify), Jonathan Ehrlich (Roar Ventures), Zach Coelius (Coelius Capital), The51 women-focused venture fund, Jason Smith (CEO, Klue), Kathy Butler (CIBC), and returning investors Boris Wertz (Version One Ventures), ScaleGood Fund, Garage Capital and Ivan Yuen (Co-Founder, Wattpad). This builds on a $2.5M pre-seed raise in 2024, bringing total funding to over $8.25 million to date.
Article content
Since emerging from stealth earlier this year, NiaHealth has seen over 12,000 Canadians join its waitlist, is on track to cross 300K+ biomarker tests by end of year, and has quickly grown users 30% month-over-month, driven largely by referrals. Partnerships with the University of Alberta and high-growth companies like Ada are helping expand both its scientific research and corporate employer benefits program.
Article content
The raise comes at a critical inflection point: Canadian life expectancy has been stagnant for six years, chronic illness is on the rise, and nearly 6.5 million Canadians lack access to a nurse practitioner or family doctor. At the same time, fitness wearables and health trackers are generating more data than ever, yet health outcomes aren't improving. NiaHealth bridges that gap by giving Canadians access to the tools, technology, advanced clinical-grade healthspan testing, and one on one human clinician guidance to take action before symptoms strike.
Article content
From Tester to Investor
Article content
Matt Golden, Partner at Golden Ventures and lead investor in NiaHealth, began his relationship with the company not just as a financial backer but as a member.
Article content
'I was always healthy, but NiaHealth helped me highlight unknown health risks—as a result, I worked with the NiaHealth clinician team to make lifestyle interventions that ended up reducing my risk of diabetes by more than half upon retesting. The data was powerful, but it was the human clinical guidance that made it sustainable. That's when I knew: this isn't just another health startup. It's a movement that should benefit all Canadians and Golden Ventures needs to be a part of it.'
Article content
'We're building the most advanced, accessible, and evidence-based Longevity-as-a-Service platform in Canada,' said Sameer Dhar, Co-Founder & CEO of NiaHealth. 'We plan for everything else in life, mortgages, careers, retirement, yet most of us are flying blind when it comes to our long-term health. At NiaHealth, we believe Canadians should have the tools and clinical support to take control of their health. The earlier you know, the more you can do.'
Article content
From Proactive Annual Check-Ups to Continuous, Data-Driven Care
Article content
Over 90% of NiaHealth members discover an undiagnosed issue or risk, and more importantly, start doing something about it. With Platform 2.0 launching this summer, NiaHealth becomes the most powerful integrated proactive health platform in Canada by combining an expanding set of test data to unlock advanced personalized insights:
Article content
Integration with popular wearables like Oura Ring, Garmin, Apple Watch, and Fitbit for 365-days-a-year insights to understand the relationship between behaviours and a member's unique biomarkers;
Continuous glucose monitoring (CGM) to track how food impacts your health real-time via bluetooth;
Expansion from 50 to 100+ biomarkers offered in testing to get even more precision insights;
And commitment to having the widest range of proactive tests in Canada, adding Toxic Heavy Metals, Omega's, Advanced Thyroid tests to roll out in coming weeks.
Article content
'For too long, healthcare has been about reacting to illness. And far too many Canadians are living with preventable chronic conditions, impacting not just their health, but also placing strain on our public healthcare system,' said Sameer Dhar, CEO and Co-Founder of NiaHealth. 'But the good news is, with the help of modern longevity science and the latest technology, we can take real steps toward longer, healthier lives. Canadians deserve a roadmap, not just a diagnosis. We're here to help people not just add years to life, but energy to those years.'
Article content
What's Next: Scaling Reach, Sharpening Precision
Article content
Steered by co-founders Sameer Dhar (CEO), Tanya ter Keurs (Clinical Director), Mike Goss (COO), and Saif Uddin Mahmud (CTO), the funding will fuel the continued rollout of the NiaHealth Platform 2.0, continued product R&D into predictive features, and investment in developing human-first, AI-supported clinician support tools, and continued user expansion across Canada.
Article content
'NiaHealth changed my life, plain and simple,' remarks Richard Balan, one of NiaHealth's first members. 'As a 6-foot-tall man in my 50s, I didn't realize that decades of small, unhealthy habits had left me at significant risk for heart attack, stroke, and chronic aches and pains. The wake-up call came when I saw my results in late 2023. With the support of a 1:1 clinician, I was inspired to make key lifestyle changes, and ended up losing 40 pounds in just 12 months. My retest in 2024, along with the full suite of tests NiaHealth offers, showed I had completely turned my health around. I feel energized and renewed.'
Article content
NiaHealth is Canada's first end-to-end proactive health platform, combining advanced biomarker testing, fitness wearables integration, and personalized clinical consultation to help Canadians optimize their health decades in advance. HSA-eligible and currently available in Ontario, Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island. Learn more at www.niahealth.co.
Article content
Article content
Article content
Article content
Article content
Contacts
Article content
Media:
Article content
Kate Carnegie
Article content
Article content
Article content

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Thermal Energy Secures $1 Million Follow-on Order for Heat Recovery Project from Global Pharmaceutical Leader
Thermal Energy Secures $1 Million Follow-on Order for Heat Recovery Project from Global Pharmaceutical Leader

Globe and Mail

time13 minutes ago

  • Globe and Mail

Thermal Energy Secures $1 Million Follow-on Order for Heat Recovery Project from Global Pharmaceutical Leader

Canadian cleantech firm to provide equipment for heat recovery project at one of the Fortune 500-listed customer's U.S. manufacturing facilities Ottawa, Ontario--(Newsfile Corp. - June 26, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) (" Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today announced a custom equipment order valued at just over $1 million from one of the world's largest pharmaceutical companies. This order stems from a Project Development Agreement, which led to Thermal Energy's largest engineering contract to date, announced on February 11, 2025. The equipment ordered includes the Company's proprietary FLU-ACE® Heat Recovery System. All figures are shown in CAD. "We are proud to continue our partnership with this global pharmaceutical leader and further support their sustainability initiatives through our proven heat recovery technology," said William Crossland, CEO of Thermal Energy International. "As we disclosed back in February, this customer prefers to approve this project in stages. Having already completed the $500,000 in detailed engineering for this project, we are pleased to receive this follow-on order of $1 million for equipment, bringing our total order value to date to approximately $1.5 million for this project. This latest order is also a testament to the strength of our engineering expertise and the reputation our proven technologies have for driving energy efficiency gains and reducing carbon emissions. Our solutions align well with this customer's significant carbon emission reduction targets and commitment to the United Nation's Race to Zero campaign. We look forward to fostering a strong relationship with this customer, which has several manufacturing sites around the world that have the potential to benefit from our technologies." The proprietary equipment ordered, is part of a multi-stage heat recovery project that, when completed, is expected to reduce the site's natural gas usage and related CO₂ emissions by 12.5%, eliminating up to 2,038 metric tons CO₂ per year. ENDS Notes to editors About Thermal Energy International Inc. Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to Fortune 500 and other large multinational companies. We save our customers money by reducing their fuel use and cutting their carbon emissions. Thermal Energy's proprietary and proven solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations while delivering a high return on investment with a short, compelling payback. Thermal Energy is a fully accredited professional engineering firm with engineering offices in Ottawa, Canada, Pittsburgh, USA, as well as Bristol, UK, with sales offices in Canada, UK, USA, Germany, Poland, and Italy. By providing a unique mix of proprietary products together with process, energy, and environmental engineering expertise, Thermal Energy can deliver unique, site-specific turnkey and custom engineered solutions with significant financial and environmental benefits for our customers. Thermal Energy's common shares are traded on the TSX Venture Exchange (TSX-V) under the symbol TMG and on the OTCQB under the symbol TMGEF. For more information, visit our investor website at or company website at and follow us on Twitter at Cautionary Statements This press release contains forward-looking statements relating to, and amongst other things, based on management's expectations, estimates and projections, the anticipated effectiveness of the Company's products and services, the timing of revenues to be received by the Company, the expectation that orders in backlog will become revenue, the anticipated benefits of the Company's current efforts at training and business improvement efforts, opportunities for growth, the Company's belief that it can capitalize on opportunities, the size of markets and opportunities open to the Company. Information as to the amount of heat recovered, energy savings and payback period associated with Thermal Energy International's products are based on the Company's own testing and average customer results to date. Statements relating to the expected installation and revenue recognition for projects, statements about the anticipated effectiveness and lifespan of the Company's products, statements about the expected environmental effects and cost savings associated with the Company's products and statements about the Company's ability to cross-sell its products and sell to more sites are forward looking statements. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, some of which are outside of the Company's control, could cause events and results to differ materially from those stated. Fulfilment of orders, installation of product and activation of product could all be delayed for a number of reasons, some of which are outside of the Company's control, which would result in anticipated revenues from such projects being delayed or in the most serious cases eliminated. Actions taken by the Company's customers and factors inherent in the customer's facilities but not anticipated by the Company can have a negative impact on the expected effectiveness and lifespan of the Company's products and on the expected environmental effects and cost savings expected from the Company's products. Any customer's willingness to purchase additional products from the Company and whether orders in the Company's backlog as described above will turn into revenue is dependent on many factors, some of which are outside of the Company's control, including but not limited to the customer's perceived needs and the continuing financial viability of the customer. The Company disclaims any obligation to publicly update or revise any such statements except as required by law. Readers are referred to the risk factors associated with the Company's business as described in the Company's most recent Management's Discussion and Analysis available at # # # Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

‘Agent in your pocket': How AI tools are being used to provide better investment outcomes
‘Agent in your pocket': How AI tools are being used to provide better investment outcomes

CTV News

time16 minutes ago

  • CTV News

‘Agent in your pocket': How AI tools are being used to provide better investment outcomes

Sorry, we're having trouble with this video. Please try again later. [5006/404] Canadians are rethinking the way they invest and are leaning into artificial intelligence to help make financial decisions, according to the president of one of Canada's technologies services company. Karin Kirkwood, president of Broadridge Canada, a provider of wealth management and capital markets technology services, says millennials in particular are seeking investment information from generative AI. 'When we look at technology, we see millennials are seeking information, and that's why they're using digital tools and enablement,' Kirkwood told BNN Bloomberg in a Wednesday interview. 'The clients that we work with specialize in providing capabilities, investment tools and services online so investors can find the information that they're looking for. The interesting thing with millennials, though, is that they act on that information, but equally, they reach out to friends and social media for more information on how to best invest.' Kirkwood says AI tools and technologies do not take away from analysts and advisors but rather provide better outcomes. 'Imagine AI is the sort of an agent in your pocket that can go compile information and personalize that information for the investor that you're dealing with, and then the advisor is powered to provide better advice in the moment and provide that personal touch,' said Kirkwood. 'Investing is deeply personal, even for millennials that are so involved in social media and really aren't interactive in the same way. A new survey from Broadridge Financial Solutions Inc. looked at how Canadian investors are feeling and fairing in this moment with a newly elected prime minister and ongoing tariff tensions with the United States. Surveyors found that 88 per cent of people of all demographics who have used AI say they are likely to act on the information it provides. According to the study, AI is beginning to make its mark on Canadian investing behavior, but widespread trust remains elusive. Nearly nine in ten investors (87 per cent) of all demographics worry about the use of AI, citing data security, misinformation, and ethical concerns like algorithmic bias as top issues. Younger generations are even more cautious than their elder peers with 93 per cent of Gen Zs voicing concerns compared to 85 per cent of Gen Xers. Kirkwood has some advice for those using AI to help with their investment portfolio and says personal information needs to be protected when using AI and the tools and capabilities of AI systems need to have regulatory overlays when using services through technology. 'AI is assumed to be a high-risk situation, and it can be in certain cases, but the institutions that we work with and the tools and technologies that we provide bring data together in a safe and meaningful way,' says Kirkwood. 'Personal protection and information need to be protected when we use AI, and the tools and capabilities need to ensure that regulatory overlays are put together and serviced through that technology. That's the key part. I think young millennial investors are very comfortable with technology, but our survey also indicated that older generations, also like to use technology. So that goes to show you that no matter the demographic, we need to be able to support the digital services through AI.' Methodology The survey presents the findings of a CARAVAN survey conducted by Big Village Insights among a sample of 1,004 adults, aged 18 and older, who live in Canada and have household investable assets of $100,000 or more. The survey was conducted from March 20 to March 26.

Edgewater Wireless Wins Strategic Federal Grant for Advanced Wi-Fi Chip Commercialization
Edgewater Wireless Wins Strategic Federal Grant for Advanced Wi-Fi Chip Commercialization

National Post

time18 minutes ago

  • National Post

Edgewater Wireless Wins Strategic Federal Grant for Advanced Wi-Fi Chip Commercialization

Article content Highlights: Article content FABrIC funding to accelerate Edgewater's next-generation Wi-Fi semiconductor innovation. $921,000 in non-dilutive funding supports Edgewater's made-in-Canada Wi-Fi chipsets, reinforcing domestic leadership in next-generation connectivity solutions. Funding to advance a $2.4M project focused on the commercialization of Edgewater's multi-link Wi-Fi silicon for high-density, interference-sensitive environments. Article content OTTAWA, Ontario — Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), the industry pioneer in Wi-Fi Spectrum Slicing technology, is proud to announce it has been awarded $921,000 in non-dilutive funding from FABrIC, the Government of Canada's flagship initiative to commercialize advanced semiconductor and sensor solutions. The strategic investment serves as a powerful catalyst for Edgewater's $2.4 million development project, accelerating the time to market for its next-generation multi-link Wi-Fi silicon platform. This technology is poised to transform high-density, interference-sensitive wireless environments across residential, enterprise, and industrial IoT sectors. Article content 'In today's complex geopolitical environment, semiconductor innovation has become a strategic national priority,' said Andrew Skafel, President and CEO of Edgewater Wireless. 'The FABrIC funding reinforces Canada's commitment to strengthening its position in the global technology landscape. For Edgewater, it means accelerating our product roadmap, creating jobs, delivering shareholder value, and contributing to Canada's economic resilience.' Article content 'The Canadian semiconductor ecosystem is energized. Semiconductors are embedded in almost every aspect of daily life, and the sectors that power our economy depend on them. From sensors that detect subtle but significant health changes to complex hardware accelerators and optimized chips that run increasingly complex AI algorithms, semiconductor technology is crucial,' stated Lynn McNeil, Vice President of FABrIC. 'The semiconductor supply chain is one of the world's largest and most complicated. It draws on highly specialized materials, components, manufacturing equipment, expertise, and processes to design, fabricate, assemble, package, and test finished chips. For a country like Canada, with unique expertise in photonics, MEMS, compound semiconductors and quantum technologies, it is a rich and varied supply chain we can flourish in.' 1 The strategic initiative, targeting Edgewater's next-generation Wi-Fi baseband, is designed to address real-world performance limitations in critical residential, enterprise and IoT deployments. The project will run through December 2026 and is expected to reach TRL 6+, bolstering Canada's vision to build domestic strength in advanced semiconductor design and manufacturing. Article content Mandated to secure Canada's future in semiconductors. FABrIC lowers barriers faced by Canadian companies developing semiconductor manufacturing processes and internet-connected products and services for export into global markets. Focused on four core technologies: quantum, photonics, compound semiconductors and MEMS, it offers targeted funding for both Fabrication Process and Product development. Article content FABrIC forcefully connects the semiconductor sector into Canada's major industrial performers: from the auto sector to mining, natural resources, agriculture, MedTech, aerospace, defence, and advanced manufacturing. As change and uncertainty rip through global trade relationships, forging these connections is increasingly integral to protecting the ability of these critical Canadian industries to innovate and compete. Article content Launched in 2024, FABrIC is a five-year, $223M project to build the national ecosystem. By fostering collaboration between industry, not-for-profits, the post-secondary community, and government, it accelerates commercialization, amplifies our competitive advantages, and maximizes the economic impact of Canada's semiconductor sector. Domestically and internationally. Article content Edgewater Wireless, a FABrIC member, is proud to lead this project as part of Canada's growing network of semiconductor innovators working to transform global communications and connectivity challenges into competitive advantages. Article content Edgewater invites partners, investors, and industry peers to learn more about how Spectrum Slicing is solving the challenges of high-density wireless environments by visiting: CMC Microsystems ( Founded in 1983, CMC Microsystems (CMC) has been instrumental to the success of Canada's semiconductor industry. Over the decades, its highly regarded training programs have fortified the pipeline of HQPs that are the bedrock of market success. Article content It has established cost-effective access to the sophisticated tools and technologies essential for academic research, R&D and emerging companies. During the era of globalization and subsequent fab and foundry consolidation, it negotiated critical manufacturing agreements that enabled emerging Canadian companies to prototype and test their products. Article content As the significance of domestic semiconductor capacity to high-performance 21st century economies clarified in the early 2020s; a new round of industrial change ignited. Fabs, foundries and other nodes across the supply chain began expanding their footprints and seeking new partnerships. In Canada, CMC Microsystems was selected by the federal government to steward a new initiative to ensure the semiconductor sector is prepared to capitalize on evolving opportunities: FABrIC. Article content ​ Article content Canada's Semiconductor Ecosystem. Accelerated. ​Mandated to secure Canada's future in semiconductors. FABrIC lowers barriers faced by Canadian companies developing semiconductor manufacturing processes and internet-connected products and services for export into global markets. Focused on four core technologies: quantum, photonics, compound semiconductors and MEMS, it offers targeted funding for Fabrication Process and Product Development. Its training, IP registry and repository, design and prototyping services and Quantum Readiness programs support innovation and revitalize the domestic ecosystem. Article content ​FABrIC forcefully connects the semiconductor sector into Canada's major industrial performers: advanced manufacturing, agriculture, aerospace & defence, the auto sector, cleantech, MedTech and mining & natural resources to amplify this country's economic performance. Article content ​Launched in 2024, FABrIC is a five-year, $223M project funded by the Government of Canada. Article content About Edgewater Wireless Article content We make Wi-Fi. Better. Article content Edgewater Wireless is redefining Wi-Fi from the silicon up—delivering standards-leading innovations that create strategic value for next-generation connectivity platforms and semiconductor licensing partners. With 26 granted patents and a fabless business model, Edgewater Wireless pioneered Wi-Fi Spectrum Slicing, a breakthrough technology purpose-built to address the surging global demand for higher-capacity, lower-latency wireless networks. Edgewater is supercharging the economics of Wi-Fi. At a time when incremental performance gains are no longer enough, Spectrum Slicing offers a transformative leap: enabling multiple concurrent channels within a single frequency band. The result— 10x or greater performance and 50% lower latency—benefits all devices, including legacy hardware, without requiring changes to the client side. This architecture delivers scalable, infrastructure-friendly gains across residential, enterprise, and IoT environments. Our technology is deeply aligned with the evolving standards and shaped by collaboration with Tier-one service providers, enterprises and industry bodies. Article content Forward-Looking Statements Article content This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words 'expect', 'anticipate', 'continue', 'estimate', 'objective', 'ongoing', 'may', 'will', 'project', 'should', 'believe', 'plans', 'intends' and similar expressions are intended to identify forward-looking information or statements. Although Edgewater Wireless believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Edgewater Wireless can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause Edgewater Wireless' actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to access to capital markets, market forces, competition from new and existing companies and regulatory conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. Edgewater Wireless undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. Article content Article content Article content Article content Edgewater Wireless Contacts: Article content Article content Article content Article content

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store