The venture capital firm affiliated with the holding company of the Loblaw empire’s Weston family led the financing round in Truvian Sciences, along with TYH Ventures and Glen Tullman of 7wireVentures. San Diego-based Truvian is working to create a blood-testing system that would take five drops of blood and screen for a number of different tests in 20 minutes. (The Logic)
Skip to content
The venture capital firm affiliated with the holding company of the Loblaw empire’s Weston family led the financing round in Truvian Sciences, along with TYH Ventures and Glen Tullman of 7wireVentures. San Diego-based Truvian is working to create a blood-testing system that would take five drops of blood and screen for a number of different tests in 20 minutes. (The Logic)
Talking point: Truvian, which has now raised more than US$150 million, said it plans to use the funds to develop the test further. Megh Gupta, a Wittington partner, will join the company’s board of directors along with a number of new investors. Earlier this week, Wittington joined a US$42-million Series B for upscale convenience-store operator Foxtrot. Truvian is its third investment in the health space. It previously invested in Toronto-based League and San Francisco-based Nurx, which offers online-ordering and delivery services for prescriptions and home-testing kits.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Alberta wants to be a model for government AI and power Canada-wide adoption
Briefing
Constellation Software’s Harris acquires TouchBistro
Aritzia doubles its first quarter profits on strong sales
Carney confirms Saudi Arabia’s Public Investment Fund to attend his investment summit
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
