logo
FluidAI Secures a $2-million Government of Canada investment to Accelerate Global Commercialization of AI-Driven Postoperative Care Technology

FluidAI Secures a $2-million Government of Canada investment to Accelerate Global Commercialization of AI-Driven Postoperative Care Technology

Cision Canada4 days ago
The funding will be used to enhance FluidAI's manufacturing processes and expedite the commercialization of its advanced postoperative care technologies for global markets. FluidAI's Stream ™ Care, which integrates state-of-the-art AI algorithms and advanced sensing hardware like Origin ™, empowers healthcare professionals to make data-driven decisions that may aid them in improving patient outcomes and shortening hospital stays.
"We are honoured to receive this funding from the Government of Canada," Youssef Helwa, CEO of FluidAI. "This validates our commitment to revolutionizing postoperative care through innovative AI technology and is a strong endorsement of our vision to drive forward healthcare innovation."
"AI is revolutionizing patient care and improving lives," said the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario. "We're proud to support Canadian innovators, like FluidAI, who are dedicated to putting people at the heart of healthcare. Their AI-driven solutions empower healthcare professionals to make informed decisions that enhance patient outcomes and reduce hospital stays. This commitment to people-focused innovation is helping Canada lead the way in life-saving medical technology."
This funding will support ongoing research and development, optimize production capabilities, and enable FluidAI to expand its market reach—ensuring that more patients around the world benefit from its breakthrough solutions.
Read the full news release!
About Stream ™ Care
The Stream ™ Care is a software solution that utilizes patient-specific data to improve postoperative care. Integrating EHR and novel sensor data with its AI models, Stream ™ Care can help drive early prediction of postoperative complications, which can ultimately save hospitals both time and money.
About Origin ™
Origin ™* is a novel sensing device that provides real-time pH monitoring. Origin ™ data can seamlessly integrate into Stream ™ Care alongside trends patients' health record data.
About FluidAI Medical
FluidAI is a Canadian medical technology company that develops technology that aids in the early prediction of postoperative complications. From general to gastrointestinal surgeries, FluidAI's mission is to empower healthcare providers with data-driven solutions that improve patient outcomes and facilitate earlier discharge. To learn more, please visit https://fluidai.md/.
About FedDev Ontario
For over 15 years, the Government of Canada, through FedDev Ontario, has worked to advance and diversify the southern Ontario economy through funding opportunities and business services that support innovation, growth and job creation in Canada's most populous region. The Agency has delivered impressive results, which can be seen in southern Ontario businesses that are creating innovative technologies, improving productivity, growing revenues, creating jobs, and in the economic advancement of communities across the region. Learn more about the impact the Agency is having in southern Ontario by exploring our investment profiles, our Southern Ontario Spotlight, and FedDev Ontario's X, Facebook, Instagram and LinkedIn accounts.
SOURCE Fluid AI Medical
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mogo Acquires 9% Stake in Bitcoin & Gold Treasury Company Digital Commodities Capital Corp.
Mogo Acquires 9% Stake in Bitcoin & Gold Treasury Company Digital Commodities Capital Corp.

Globe and Mail

time5 hours ago

  • Globe and Mail

Mogo Acquires 9% Stake in Bitcoin & Gold Treasury Company Digital Commodities Capital Corp.

Mogo Inc. ('Mogo' or the 'Company') (NASDAQ: MOGO; TSX: MOGO), a Canadian fintech on a mission to build the future of intelligent finance, empowering consumers to grow wealth through innovative financial products and a capital strategy anchored by Bitcoin, today announced it has completed a strategic investment of approximately 9% in Digital Commodities Capital Corp. ('Digital Commodities') (CSE: DIGI; OTCQB: DGCMF). Digital Commodities is a publicly listed investment issuer building a differentiated capital platform, primarily focused on acquiring and holding Bitcoin and physical gold. These hard, non-fiat assets serve as the foundation of the company's treasury strategy and are intended to function as long-term reserves managed with discipline and transparency. 'We believe Digital Commodities is building something foundational, an asset-backed public company model built on Bitcoin and gold,' said Greg Feller, President & Co-founder of Mogo. 'That's a category-defining strategy we're excited to be aligned with as both operators and long-term believers in Bitcoin.' 'We're equally excited to work with Brayden Sutton and his team, who bring deep conviction, vision, and expertise to this emerging asset class,' added Greg Feller. Digital Commodities' model is inspired by sound money principles and designed to offer public market investors access to the two most enduring stores of value in history, without dilution through operating businesses or speculative diversification. Mogo's investment reinforces the company's momentum and positions it to scale its hard asset balance sheet model in public markets. Mogo's $1 million investment was made as part of Digital Commodities' non-brokered private placement and consisted of a subscription for 13.3 million units priced at $0.075 per unit. Each unit of Digital Commodities consists of one common share and one warrant to purchase a common share exercisable at $0.10. This investment will be held alongside Mogo's other crypto-related investments, including its minority stake in Gemini, further advancing its strategic exposure to Bitcoin and the broader digital asset ecosystem. This also supports Mogo's broader vision as a dual-compounding platform, combining a high-growth fintech operating business with a strategic Bitcoin treasury. Earlier this month, Mogo announced board authorization to allocate up to $50 million to Bitcoin, reinforcing its long-term conviction in hard assets as the cornerstone of capital preservation and growth. About Mogo Mogo Inc. is on a mission to build the future of intelligent finance, empowering consumers to grow wealth through a suite of innovative financial products and a capital strategy anchored by Bitcoin. The company's platform combines digital wealth management and lending with a growing commitment to hard asset capital allocation. Mogo is publicly listed on the NASDAQ and TSX. Digital Commodities is a public investment issuer building a differentiated capital platform, primarily focused on acquiring and holding Bitcoin and physical gold. The Company's mission is to establish a hard, non-fiat asset base and manage it with discipline, leveraging these assets as functional reserves in pursuit of long-term value creation. All capital decisions are guided by a sound money philosophy.

Unhealthy smoke from Canadian wildfires blankets the Upper Midwest when people want to be outside
Unhealthy smoke from Canadian wildfires blankets the Upper Midwest when people want to be outside

Toronto Star

time19 hours ago

  • Toronto Star

Unhealthy smoke from Canadian wildfires blankets the Upper Midwest when people want to be outside

BISMARCK, N.D. (AP) — Much of the Upper Midwest on Saturday was dealing with swaths of unhealthy air due to drifting smoke from Canadian wildfires, covering the northern region of the U.S. at a time when people want to be enjoying lakes, trails and the great outdoors. Most of Minnesota and parts of Montana, North Dakota and Wisconsin were ranked 'unhealthy' for air quality on a U.S. Environmental Protection Agency map. Part of North Dakota that is home to Theodore Roosevelt National Park and other tourist attractions was ranked 'very unhealthy,' some of the worst air quality in the nation.

Contrary to Trump's claims, Canadian border is not major source of fentanyl, U.S. report says
Contrary to Trump's claims, Canadian border is not major source of fentanyl, U.S. report says

Ottawa Citizen

timea day ago

  • Ottawa Citizen

Contrary to Trump's claims, Canadian border is not major source of fentanyl, U.S. report says

Article content Most of the fentanyl entering the United States continues to come from the southern border, not the northern one, according to a recent report by an American think-tank, despite President Donald Trump's statement on Thursday that Canadian authorities have failed 'to stop the drugs from pouring into our country.' Article content 'Countering supply effectively depends on understanding what the dominant drug-trafficking routes are,' says the report by the Manhattan Institute, which was published July 1. 'New data on fentanyl seizures presented here largely reinforce previous understanding that most IMF (illegally manufactured fentanyl) enters the U.S. from the south. These data call into question tariffs and other policies and policy justifications that treat the threat from the northern border as comparably severe.' Article content Donald J. Trump Truth Social 07.10.25 08:15 PM EST — Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) July 11, 2025 Article content Article content The report used new data regarding fentanyl seizures, which challenges public pronouncements made by Trump and the White House about the threats posed by the Canadian border. Authors Jon Caulkins and Bishu Giri write that such concerns are largely overstated and could even undermine America's ability to prioritize tightening the country's border with Mexico. Article content Article content The report looked at 'large' seizures of fentanyl — defined as over a kilogram of powder or more than 1,000 pills — that would suggest wholesale trafficking as opposed to smuggling for personal use. It found that officials made more large seizures in U.S. counties along the northern and southern borders when compared to the rest of the country. However, far more seizures were made in the south. Article content 'Counties along the Mexican border account for only 2.35 per cent of the U.S. population; but in 2023–24, they hosted about 40 per cent of the nationwide quantity of fentanyl appearing in large seizures, for both powder and pills,' says the executive summary of the Manhattan Institute's report. 'By contrast, counties in the lower 48 states that border Canada account for 3.1 per cent of the U.S. population but only 1.2 per cent of the powder and just 0.5 per cent of the pills obtained in large seizures.'

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