FirstHx is please to announce an investment from the Center for Aging and Brain Health Innovation ( CABHI) Mentorship, Capital, and Continuation (MC2) Program. CABHI invests $4.55 million in latest cohort of agetech companies helping older adults (newswire.ca). The program funds early-stage innovations aimed at improving the quality of life for older adults, people living with dementia, and their caregivers.
The funding was granted through CABHI’s Mentorship, Capital, and Continuation (MC2) Program in partnership with National Bank. “We are very pleased to receive this funding to further accelerate our growth”, says Dr. Chris O’Connor CEO of FirstHx. “This recognizes that FirstHx can support research and improve the care of this patient population.”
A solution accelerator for the aging and brain health sector, CABHI provides funding and support to innovators for the development, testing, and dissemination of the latest ideas and technologies that address unmet brain health and seniors’ care needs. Established in 2015, it is the result of the largest investment in brain health and aging in Canadian history. CABHI is a unique collaboration of healthcare, science, industry, not-for-profit and government partners whose aim is to help improve quality of life for the world’s aging population, allowing older adults to age safely in the setting of their choice while maintaining their cognitive, emotional, and physical well-being.