National Ready-to-Eat Meal Prep Retailer, My Fit Foods, Returns, Landing in Houston’s Upper Kirby Neighborhood

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My Fit Foods Vacuum Sealed Packaging

fresh and vacuum-sealed meals (lasting 14 days)…

“I love My Fit Foods because I’m a busy mom of two and a teacher (who doesn’t enjoy cooking or meal prepping) and it has made my life so much easier. I look forward to the yummy, portion-controlled meals and always being prepared. I lost 34lbs by changing my diet and eating My Fit Foods.”

My Fit Foods, a national brand of healthy, affordable meal prep options, is back in the city that started it all, choosing Houston for one of six brick-and-mortar locations nationwide. The brand is passionate about making fresh health food affordable, and offers over 70 different meals fit for a variety of lifestyles and diets.

Made fresh daily, My Fit Foods boasts offerings such as the original Lean Lemon Turkey, a Chicken Salad Wrap in a spinach tortilla, Bougie mac with ground turkey and cheddar cheese, Asian salad with chicken, kale and sweet corn, and many more meals both new and old for breakfast, lunch, dinner and snacks. My Fit Foods is designed for people on the go, who prefer saving time over the chore of meal prepping, but who still want healthy, fresh and delicious meals.

In addition to their fresh and vacuum-sealed meals (lasting 14 days), the brand also offers a Registered Dietitians and Nutritionist to help those who need assistance in developing a meal program best suited for them. This program, called My Fit Life, has helped thousands of people become healthier. Additionally, regular patrons can join Fit Club, where ten dollars a month will earn them twenty percent off on every meal.

Longtime residents know that My Fit Foods originally started in Houston; however, when the company was bought out, founder Mario Mendias saw the core values he worked diligently to instill falling to the wayside, before the company eventually went bankrupt. Fortunately, Mendias was able to purchase the name trademark from the bankruptcy courts in 2019 and is excited to build the brand back, his way this time. About re-launching his brand, Mendias said, “I am dedicated to making sure My Fit Foods runs as well as she can for all of us. Failure is never final. When you have a hard time in life, your fate is in your hands. Take ownership, learn, grow and get on with it.”

Houston’s My Fit Foods joins five other brick-and-mortar locations in Denver and Oregon. With plans to expand to every major city by 2025, future locations are expected in Austin, Dallas, Phoenix, Colorado Springs, Salt Lake City, Fort Collins, Seattle, San Francisco, Los Angeles, and more. Local customers are already abuzz, praising My Fit Foods’ return, one stating, “I love My Fit Foods because I’m a busy mom of two and a teacher (who doesn’t enjoy cooking or meal prepping) and it has made my life so much easier. I look forward to the yummy, portion-controlled meals and always being prepared. I lost 34lbs by changing my diet and eating My Fit Foods.”

My Fit Foods is not only passionate about fresh and healthy foods, they’re also serving the underserved. For every four meals purchased, one is donated to local or national non-profits who provide for families in need. Customers can visit My Fit Foods’ Houston location at 3239 Southwest Fwy, Houston, TX 77027, or take advantage of their delivery service that runs Tuesday through Friday. My Fit Foods currently offers shipping to 26 states. (Shipping details can be found here.)

About My Fit Foods

My Fit Foods is passionate about real food and real results. Inspiring customers to “Give-A-Fit” about healthy food, My Fit Foods offers fresh and delicious grab-and-go meals for breakfast, lunch, dinner and snacks. Customers can visit one of their six locations nationwide, or order at https://www.myfitfoods.com for shipping or delivery.

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IMV announces the 2021 IMV ServiceTrak™ Mammography Imaging Awards

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2021 ServiceTrak Imaging Logo

Today IMV, part of Science and Medicine Group, the leading market research and business intelligence provider to the medical imaging industry, announced the category winners of the 2021 IMV ServiceTrak™ Mammography Imaging Awards.

2021 Mammography Imaging Awards

Mammography Imaging

  • Best Customer Satisfaction: Hologic, Inc.
  • Best System Performance: Hologic, Inc.
  • Best Service: Hologic, Inc.

About IMV, part of Science and Medicine Group

IMV produces an annual series of proprietary ServiceTrak™ Imaging reports derived from extensive phone interviews with imaging professionals in hospital departments and independent imaging centers in the U.S. Imaging professionals are asked to rate their level of satisfaction with the equipment manufacturers, system performance, and the service received for their imaging equipment. Satisfaction ratings are collected on a 10-point scale, in which 10 = “excellent” and 1 = “very poor.” Report analysis is based on the percentage of highly satisfied (%HS) responses that are represented by satisfaction ratings of a 9 or 10 on this scale.

The ServiceTrak™ Imaging Awards are presented to the manufacturer with the highest %HS in each of three categories, representing the Industry Best of Customer Satisfaction, System Performance, and Service. The Best of Customer Satisfaction award is given to the manufacturer who has the highest %HS responses when asked to rate the likelihood they will purchase again from their current manufacturer. The Best of System Satisfaction award is given to the manufacturer whose customers have the highest %HS responses when asked to rate their overall system performance. The Best of Service award is given to the manufacturer whose customers give the highest %HS responses when asked to rate overall OEM service performance.

The 2021 ServiceTrak™ Imaging awards are based on interviews conducted in 2021 with respondents in 2,045 imaging locations having 2,910 instruments.

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Red Nucleus Acquires Medical Marketing Solutions Group (“MMSG”)

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Red Nucleus (“RN”), a premier provider of strategic learning and development, scientific services and advisory, and medical communications solutions exclusively for the life sciences industry, announced that it has acquired Medical Marketing Solutions Group (“MMSG”), a leading provider of strategic services, scientific communication, and operational and event management services to biopharmaceutical companies and brands, with its primary focus in the therapeutic areas of allergy, respiratory, pain, transplant, and rare disease.

MMSG, which was founded in 2011, provides and manages a range of strategic and operational support services for healthcare companies, medical conferences, societies, and professionals. MMSG strategically manages activities in multiple therapeutic areas by leveraging relationships and maximizing opportunities with industry leaders, societies, and healthcare providers (HCPs) that have been cultivated over the course of 25 years. MMSG’s services span strategic action planning (including strategy development and management), creative content development (including publication planning and execution), and novel operational management (including congresses and speaker bureaus) for medical affairs and commercial markets. MMSG brings new client and KOL relationships and touch points for the combined business. MMSG’s solutions align closely with RN’s existing Medical Communications business.

Sam Patel, MMSG founder, adds, “We are excited by the opportunity to be part of the Red Nucleus family and will continue to provide the same great service to our life sciences partners with the successful delivery of innovative therapies through impactful strategy, education, and engagement. The MMSG team will now be positioned to provide enhanced services and opportunities to current and future clients.”

“We are thrilled for Sam and the MMSG team to join Red Nucleus. At Red Nucleus, our purpose is to Advance Knowledge to Improve Lives, which aligns closely with MMSG. MMSG has a deep bench of advanced-degreed staff (40% of total employees) who produce high-quality deliverables and services for leading life sciences clients. We are looking forward to leveraging the power of the RN/MMSG combination to continue doing what we do best: offering our clients high-quality, innovative, science-first services,” said Red Nucleus CEO Ian Kelly.

The transaction closed in February 2022.

For more information, please contact

Julie Estrada

jestrada@rednucleus.com

(267) 274-5100

About Red Nucleus

Red Nucleus is the premier provider of strategic learning and development, scientific services and advisory, and medical communications solutions exclusively for the life sciences industry. For 30 years, we’ve taken pride in our long-term relationships with industry leaders, delivering global solutions designed to boost understanding, efficiency, and compliance. With offices in the United States, Japan, the United Kingdom, Sweden, India, Canada, and Australia, our commitment to quality and on-time delivery is unrivaled in the industry.

Visit http://www.rednucleus.com to learn more.

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Admissions and Residency Advisors Reveal All”

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“Non-traditional medical students are often overlooked, yet they’re frequently among the best candidates for practicing medicine because they offer a range of backgrounds, are passionate about the practice of medicine, and contribute to the overall diversity of the profession.”

The University of Medicine and Health Sciences, (UMHS), a small, mission-driven medical school with a commitment to student support and a legacy of successful residency placements in the United States and Canada, today announced that it will host a livestream event, “Non-Traditional Medical Students FAQs: Admissions and Residency Advisors Reveal All,” on Wednesday, February 9 at 7 pm EST. The session will be led by Marie McGillycuddy, UMHS Vice President of Admissions, and Patrick McCormick, Associate Dean of Academic & Student Affairs. In the presentation, the speakers will define what a non-traditional med student is, describe common challenges these students face, and offer insider advice on the admissions and residency match process. With their combined 50 years of coaching and advising medical students, the presenters will share their expertise from the front lines of working with non-traditional students. Following the presentation, Marie and Patrick will answer audience questions during a live Q & A session. The event will be livestreamed at https://www.umhs-sk.org/nontrad-med-stream, as well as on the UMHS YouTube, Facebook, and LinkedIn pages. The presentation will also be recorded for future viewing.

“Students who don’t follow the typical path to medical school are often overlooked, yet they’re frequently among the best candidates for practicing medicine because they offer a range of backgrounds, are passionate about the practice of medicine, and contribute to the overall diversity of the profession,” said Warren Ross, president of UMHS. “We celebrate the rich life experience that many non-traditional medical school students bring to the table and the unique perspectives they offer. UMHS is pleased to host this event to answer some common questions about following an alternative path to med school and what non-traditional students should expect when pursuing a residency post-graduation.”

“Non-traditional” medical students usually fall under one or two groups: recent college graduates with a degree outside of the typical premed majors, and people who are making a career change and returning to school to pursue a career as a doctor. During the “Non-Traditional Medical Students FAQs” Town Hall event, the presenters will address some of the unique challenges and concerns of this audience – including applying to med school when you’ve been out of college for a long time, succeeding in med school as an older student, and the realities of getting a residency as a non-traditional student.

The virtual town hall event is the latest in the series of presentations featuring UMHS faculty and alumni sharing their expertise on topics targeted towards current and prospective medical students and healthcare professionals. Past events include, “Ask a Microbiologist,” “Suicide Prevention and the State of Psychiatry.” and “LGBTQ+ Medicine and Theory.”

Tune in on Wednesday, February 9, at 7 pm EST to https://www.umhs-sk.org/nontrad-med-stream to watch.

About UMHS

The University of Medicine and Health Sciences (UMHS), is a small, mission-driven medical school with a commitment to student support and a legacy of successful residency placements in the United States and Canada. UMHS was founded in 2007 by medical education pioneers Warren and Robert Ross to deliver a highly personalized school experience. Graduates of UMHS earn a Doctor of Medicine degree (MD) and qualify to practice medicine throughout the United States and Canada. Students begin their Basic Science studies in St. Kitts, West Indies, and complete their clinical training in the United States. With an unprecedented 96% student retention rate, the vast majority of students that begin their medical studies at UMHS go on to obtain residencies. For more information, visit https://www.umhs-sk.org/.

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Alaffia Health Announces $5M in Seed Funding, Harnessing AI to Disrupt a Legacy Healthcare Payments Industry

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TJ Ademiluyi and Adun Akanni, Alaffia Health Co-Founders

“Most insurance payers ideally would like to review more of their claims, but with claim volumes in the millions, it’s currently impossible to do so–industry incumbents are still reviewing medical claims and records by hand,” says TJ Ademiluyi, co-founder and CEO of Alaffia Health.

Alaffia Health, a cutting-edge healthtech company that is using proprietary AI technology to eliminate overpayments on medical claims, announced today that it has raised $5M in Seed funding, bringing its total amount of capital raised to $6.6M. The company intends to both scale its operations and expand its commercial footprint. The round was led by Anthemis with participation from investors including 1984 Ventures, Aperture Venture Capital, Tau Ventures, Twine Ventures, Plug and Play Ventures, ERA’s Remarkable Ventures Fund, and a group of other best-in-class investors and healthcare leaders.

Alaffia Health was founded in 2020 by TJ Ademiluyi and Adun Akanni, a brother and sister founding team who are using knowledge obtained from their family’s legacy medical billing business to reduce costs and waste in the healthcare system. Today, healthcare expenditures comprise about 1/5th of the U.S. GDP, and a significant portion of that spending is derived from errors in health insurance claims. It is estimated that about 80% of claims in the US contain at least one medical billing error, and $300B is lost to provider fraud, waste, and abuse every year.

Alaffia Health is working to lower healthcare costs by disrupting how and when medical claims are paid. The company offers health insurance payers (health plans, third-party administrators, self-insured employers, and stop-loss carriers) an AI-driven payment integrity service, working alongside them to review claims more thoroughly and in less time. “The issue with the industry status quo is that most medical claims aren’t fully reviewed but are paid automatically,” said Adun Akanni, co-founder and COO of Alaffia Health. “It’s likely that while maybe only half of the charges in that $10,000 bill sent to your health insurance payer were legitimate, a full payment was automatically granted. Given that 80% of medical claims contain an error, that wasted spend adds up quickly.”

Alaffia Health is redefining how claims are processed. It has introduced a more proactive system–thoroughly reviewing claims and supporting documentation on a prepayment basis to ensure that more claims are paid accurately. “Most insurance payers ideally would like to review more of their claims, but with claim volumes in the millions, it’s currently impossible to do so–industry incumbents are still reviewing medical claims and records by hand,” says TJ Ademiluyi, co-founder and CEO of Alaffia Health. The company is leveraging artificial intelligence to tackle this problem and automate the most arduous tasks. Its proprietary system allows each charge and piece of supporting documentation in higher-cost claims to be reviewed 5x faster than industry standards. This allows its customers to increase both the volume and integrity of claims that are reviewed.

Since its founding, the company has grown rapidly, scaling the size of its team by 5x and increasing its revenues by 24x in 2021 alone. Alaffia plans to use its new funding to expand its operations and further penetrate its target markets. Vinay Singh from Anthemis noted, “COVID-19 has brought added focus from all industry participants–providers, payers, and regulators–on overpayments and waste throughout the healthcare system. Alaffia Health’s technology offers a seamless, efficient solution that has an immediate impact on reducing that waste.”

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About Alaffia Health

Alaffia Health is a healthtech company that uses machine learning and AI to proactively eliminate provider fraud, waste, and abuse in healthcare claims. The company offers an AI-driven payment integrity service to healthcare payers such as health plans, third-party administrators, self-insured employers, stop-loss carriers, and government agencies to eliminate overpayments and reduce healthcare costs.

About Anthemis

Anthemis is a global investment platform that cultivates change in our financial system by investing in, growing, and sustaining businesses committed to resiliency, transparency, access and equity. Founded on three guiding principles–authentic collaboration, virtuous cycle outcomes and diversity and inclusivity–our deep understanding of markets and models, passion for emerging technology and values inspire everything we do. By creating fertile ground for a diverse group of startups, investors, entrepreneurs, institutions, academics, and visionaries to converge, we believe we can solve the financial systems most pressing challenges faster, better and for the benefit of all.

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Dr. Ilyas of Olansky Dermatology & Aesthetics receives board certification for Mohs Surgery

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Dr. Humza Ilyas of Olansky Dermatology & Aesthetics recently received the prestigious honor of becoming board certified for Mohs surgery

“One of our main goals at Olansky is to be at the forefront of skin cancer treatment,” says Dr. Ilyas, “and Mohs surgery offers a notable improvement to standard therapy.”

Dr. Humza Ilyas of Olansky Dermatology & Aesthetics – Atlanta’s premier full-service dermatology practice – recently received the prestigious honor of becoming board certified for Mohs surgery. Dr. Ilyas is one of the first Mohs surgeons in the country to achieve this new certification awarded by the American Board of Dermatology.

This outstanding level of recognition not only continues to solidify Dr. Ilyas’ expertise as one of the premier surgeons in this procedure, but it gives patients another reason to choose Olansky Dermatology & Aesthetics with confidence.

“One of our main goals at Olansky is to be at the forefront of skin cancer treatment,” says Dr. Ilyas, “and Mohs surgery offers a notable improvement to standard therapy.”

Mohs surgery is an outpatient procedure that removes skin cancer while minimizing damage to surrounding skin tissue, protecting skin aesthetics. Throughout the surgery, a physician sequentially excises small layers of skin, examining them for the presence of skin cancer. This is done until the skin cancer has been completely extracted. Mohs surgery improves the patient’s chance at a cure and drastically reduces the need for additional treatments, enabling patients to have access to superior treatments with increased accuracy and convenience.

The procedure is regarded as most effective in the treatment of basal cell carcinomas and squamous cell carcinomas, the two most common skin cancer types. The surgery can also be utilized for some melanomas and unusual cancer types.

Dr. Ilyas practices at both Olansky locations in Buckhead and Roswell, offering additional convenience to metro Atlanta patients.

“Mohs surgery can be technically demanding,” Dr. Ilyas explains. “So it’s an honor to be able to share our level of expertise with patients.”

To schedule an appointment with the Mohs surgery experts at Olansky Dermatology & Aesthetics by reaching visit OlanksyDermatology.com or call 404-355-5484.

Olansky Dermatology & Aesthetics is your dermatology solution. Our ability to provide full-service dermatology to patients of all ages is a distinct benefit to choosing our 40-year-old practice. We offer medical, surgical, cosmetic, and aesthetic services to our patients, and even same day appointments when possible. This makes us not only a convenient solution for your family, but a comprehensive one as well. With services ranging from our in-house Mohs surgery for skin cancer, advanced laser therapy for psoriasis or our aesthetic services for skin rejuvenation, Olansky Dermatology & Aesthetics can handle all of your skin concerns. For more details, visit our website at OlanskyDermatology.com or call 404-591-4314.

Interviews are available upon request.

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Plymouth County Registry of Deeds Inducted as a Member of Avenu’s “Book One Club” for Digitizing Back to Sovereignty

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Digitizing back to sovereignty is a tremendous accomplishment, especially when you are one of the oldest and most historic jurisdictions in our country.

The Plymouth County Registry of Deeds Office is being honored and recognized as a member of Avenu Insights & Analytics’ “Book One Club.” John R. Buckley, Jr., Register of Deeds for Plymouth County executed a plan to digitize 400 years of land records — all the way back to Book One — to preserve the county’s history for future generations. The Book One Club was launched by Avenu to honor local governments who have gone to great lengths to digitize back to their very first record, also known as “book one.” Avenu will be present at Plymouth’s Registry of Deeds Office on February 9, 2022, at 10:00 a.m. to present the award.

“Digitizing back to sovereignty is a tremendous accomplishment, especially when you are one of the oldest and most historic jurisdictions in our country,” shared Avenu CEO, Paul Colangelo. “John R. Buckley, Jr., Register of Deeds for Plymouth County took great strides in preserving history by going back to Plymouth County’s first land record in 1685, and also going back to Plymouth Colony’s first land record dating back to 1620. He also was one of the first Register of Deeds offices to digitize images that include transcriptions. Together we worked to link the document images with their index information so that the public can easily search and retrieve a piece of history.”

Government records ensure accountability, provide proof of agreements, and serve as a historic account of events. Paper, ink, microfiche, and microfilm are not designed to last forever. As our country progresses in age, there are numerous challenges to records management, including deterioration from usage, sunlight, oxidation, mold, and improper storage. Insufficient storage and the cost of archiving paper records is another growing issue for many offices. Certainly during the recent Covid-19 years it made it easier for both the real estate professionals and the public to access records. Digitizing documents is the future for record management.

“We are honored to be awarded with Avenu’s Book One Club membership. Avenu’s team of dedicated professionals understood the importance of our mission and knew how to properly handle and preserve our records,” stated Buckley. “We were able to preserve our records while also making them available online to the public so everyone can easily access them for generations to come.”

About Plymouth County Registry of Deeds

The Plymouth County Registry of Deeds is an agency of the County of Plymouth and the guardian of historical and modern land records from the Pilgrims to the present. Established in 1685, Plymouth County is among the oldest counties in the United States. The Registry of Deeds has over 17 million images available to the public, which includes all recorded documents, plans, land court certificates, and many special collections. There is no charge to search and view Plymouth’s records.

About Avenu Insights & Analytics

Over 3,000 state and local governments have partnered with Avenu to drive positive results for their communities through software administration and compliance auditing solutions. Avenu’s comprehensive software solutions digitally transform government by modernizing processes, providing online access to records, and reducing costs. State and local governments also work closely with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. Avenu is a portfolio company of Mill Point Capital. To learn more, visit http://www.avenuinsights.com.

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Cynerio Named to Constellation ShortList™ for Healthcare Medical Device Security

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It is gratifying to see that Constellation Research considers us a next-generation platform to secure the IoT devices that hospitals and their patients depend on as they continue to weather an unprecedented wave of debilitating attacks.

Cynerio, a leading provider of healthcare IoT cybersecurity, today announced it was named to the Constellation ShortList™ for Healthcare Medical Device Security in Q1 2022. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopter and fast follower organizations.

Cynerio enables hospitals and healthcare facilities to reduce the vulnerability and risk of their IoT, OT and medical devices, and immediately respond to ransomware, breaches and other threats targeting them. The Cynerio Platform goes beyond healthcare IoT asset management to defend devices from active attacks from day one of implementation, while also identifying and remediating the most critical device risks in under a month.

“It is a tremendous honor to be named to the Constellation Shortlist, and a validation of our approach of prioritizing risk reduction and attack mitigation for healthcare IoT,” said Leon Lerman, founder and CEO of Cynerio. “It is gratifying to see that Constellation Research considers us a next-generation platform to secure the IoT devices that hospitals and their patients depend on as they continue to weather an unprecedented wave of debilitating attacks.”

“The Great Refactoring is among us. Organizations must reconsider how they balance business models, work/life priorities, and new market conditions. Our analysts’ recent updates to The ShortList™ reflect the top vendors that matter most to our network of buy side clients,” said R “Ray” Wang, chairman and founder at Constellation Research. “As leaders make the tough decisions in vendor selection, we hope The ShortList™ speed the decision-making process and help buyers find the right partners to enable their business success.”

Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation and streamline business processes. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research. The portfolio is updated at least once per year as the analyst team deems necessary based on market conditions.

For more information, visit Cynerio.com.

About Cynerio

Cynerio is the one-stop shop Healthcare IoT security platform. With solutions that cater to healthcare’s every IoT need – from Enterprise IoT to OT and IoMT – we promote cross-organizational alignment and provide hospitals the control, foresight, and adaptability they require to stay cyber-secure in a constantly evolving threatscape. We empower healthcare organizations to stay compliant and proactively manage every connection on their own terms with real-time IoT attack detection and response and rapid risk reduction tools, so that they can focus on healthcare’s top priority: delivering quality patient care. For more information, visit http://www.cynerio.com and follow the company on LinkedIn and Twitter.

Disclaimer

Constellation Research does not endorse any solution or service named in its research.

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G’s Dental Studio Announces New Partnership with Smile Brands

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The partnership with Smile Brands will allow us to expand our hygiene and perio care while maintaining our current culture.

Smile Brands, one of the nation’s leading dental support organizations (DSO), is pleased to announce its new affiliate partnership with G’s Dental Studio in Cedar Park and Leander, TX.

Dr. Aleksandar Gavrilov and Hristina Kiprovska-Gavrilov founded G’s Dental Studio in Cedar Park in 2011 with the goal of helping patients of all ages enjoy the benefits of a healthy, beautiful smile. They opened the Leander location in 2016 to expand their patient reach in the area and currently lead a team of 14 across both locations. Together, the teams deliver general dentistry, preventive and restorative care, specialty care, cosmetic dentistry, and emergency services.

Having worked at a Castle Dental years ago, Dr. Alex Gavrilov was familiar with the Smile Brands’ culture and operational support. “When we were looking to affiliate with a DSO, Smile Brands was a clear choice,” said Dr. Gavrilov. “The partnership with Smile Brands will allow us to expand our hygiene and perio care while maintaining our current culture,” said Dr. Gavrilov.

Smile Brands will provide administrative support and services to the practices including purchasing, payroll, accounting, IT, billing, facilities management, and marketing. The businesses will continue to operate under the G’s Dental Studio name and the existing staff will remain with the offices.

“We are thrilled to welcome back Dr. Alex Gavrilov and partner with Dr. Hristina Kiprovska-Gavrilov, and their teams,” said Steve Bilt, Smile Brands co-founder, and CEO. “We look forward to helping G’s Dental Studio improve their purchasing power and streamline administration in 2022.”

About Smile Brands:

Smile Brands, based in Irvine, California, is one of the largest providers of dental support services in the United States. The company supports nearly 700 affiliated practices, with more than 7,500 dedicated team members across 30 states. Smile Brands supports a portfolio of over 75 brands including well-known regional brands: Bright Now! Dental, Castle Dental, Merit Dental, Midwest Dental, Monarch Dental, and Mondovi Dental. The company provides comprehensive business support services through exclusive long-term agreements with affiliate dental groups, allowing affiliated practices to spend more time caring for patients and less time on the administrative, marketing, and financial aspects of operating a dental office. The organization receives frequent recognition for its award-winning culture and has been recognized as a Best Place to Work by Glassdoor, Comparably, Stevie® Awards, and more. Smile Brands is a portfolio company of Gryphon Investors, a leading middle-market private equity firm based in San Francisco, CA. Visit smilebrands.com for more information.

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Nord Quantique Secures CAD $9.5 Million in Seed Funding

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Nord Quantique—Error-correcting quantum processors

“Nord Quantique embraces the great technological challenges that high performance quantum computing demands—and we’re on the path to develop ground-breaking innovations.” Julien Camirand Lemyre, Ph.D.

Nord Quantique, a Sherbrooke-based quantum computing technology start-up, today announced it has closed CAD $9.5 Million seed funding. Nord Quantique develops technology using superconducting qubits to solve challenges within current quantum processors.

Co-leading this seed investment is BDC Capital’s Deep Tech Venture Fund and Paris-based Quantonation VC fund. Real Ventures from Montréal, already a shareholder, also participated in the seed round. Nord Quantique is a partner of the Sherbrooke Quantum Innovation Zone, dedicated to advancing quantum computing innovation in Québec.

Nord Quantique develops hardware that accelerates the pathway to fully fault-tolerant quantum computing. Leveraging bleeding-edge Canadian expertise in quantum technology and semiconductor chip fabrication, Nord Quantique is redesigning processors from the ground up to mitigate and reduce error events on every individual qubit.

‘’We’re consistently reviewing the global quantum computing landscape, and we truly believe that Nord Quantique has one of the most promising technical roadmaps to realize fault-tolerant quantum computing. The rigorous support they receive from the world-class Sherbrooke quantum ecosystem is key in helping them compete against the tech giants of the world.” said Charles Lespérance, Partner, Deep Tech Venture Fund at BDC Capital.

“As one of the first venture capital investment funds dedicated to quantum and quantum-enabling technologies worldwide—Quantonation has been on board with Nord Quantique since day one of its inception in 2020. With the support of Profs. Alexandre Blais, Scientific Director of the Institut quantique at University of Sherbrooke, and Michel Pioro-Ladrière, Deputy Director at Institut quantique sitting on the Nord Quantique scientific advisory board, we have full confidence in the vision and capabilities of this team and their impact on the future of quantum computing,” said Christophe Jurczak, Managing Partner at Quantonation, France.

Co-founders Julien Camirand Lemyre and Philippe St-Jean stated, “We embrace the great technological challenges that high performance quantum computing demands—and we’re on the path to develop ground-breaking innovations,” said Julien Camirand Lemyre, Ph.D. “We are uniquely positioned in the quantum tech ecosystem, and are grateful for these VC investment funds that will be the ‘founding fuel’ to help us continue to grow, innovate, and attract brilliant new minds to Québec,” added co-founder, Philippe St-Jean, Ph.D.

For more information about Nord Quantique and to view career opportunities, visit: https://www.nordquantique.ca/.

About Nord Quantique

Nord Quantique develops hardware for fault-tolerant quantum computing by redesigning processors from the ground up with low-error in mind. The company is building superconducting circuits that can mitigate errors on every individual qubit, providing a faster pathway to high performance quantum computers. Based in Sherbrooke, Québec, and part of the Sherbrooke Quantum Innovation Zone, Nord Quantique was co-founded in 2020 by Philippe St-Jean, Ph.D., and Julien Camirand Lemyre, Ph.D. as a spinoff from the Institut Quantique. For more information about Nord Quantique and open career opportunities, visit: https://www.nordquantique.ca/.

About BDC Capital

BDC Capital is the investment arm of BDC, the bank for Canadian entrepreneurs. BDC Capital serves as a strategic partner to the country’s most innovative firms. It offers businesses a full spectrum of capital, from seed investments to growth equity, supporting Canadian entrepreneurs who have the ambition to stand out on the world stage. Visit http://www.bdc.ca/capital.

About Quantonation

Quantonation is the first venture capital fund dedicated to quantum technologies and innovative physics. Areas such as material design, high-performance computing, cybersecurity, or ultra-precise detection are now driven by innovation based on these disruptive technologies. Quantonation aims to support their transition to marketable products for the industry. Quantonation is headquartered in Paris, France, and invests worldwide. Learn more: https://www.quantonation.com

About Real Ventures

Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance, mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its portfolio of 60+ high-growth tech companies is currently valued at over $15 billion. http://www.realventures.com.

Media Contact:

info@nordquantique.ca

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