Sparrow BioAcoustics Raises $10M in Funding

Sparrow BioAcoustics: $10M Raise Signals a Breakthrough Moment for Smartphone-Based Cardiac AI

At Bounce Health Innovation, we’re proud to spotlight companies reaching defining growth milestones — and Sparrow BioAcoustics has just hit a major one. The Newfoundland and Labrador–based healthtech company recently secured $10 million in funding, accelerating the scale-up of its smartphone-powered cardiac AI platform, Stethophone.

This significant raise marks a turning point for Sparrow as it expands deployment of Stethophone across new healthcare settings, particularly in the U.S. market. The investment underscores growing confidence in Sparrow’s vision: making advanced cardiac screening more accessible by turning a standard smartphone into a clinical tool.

Stethophone is the world’s first smartphone-based cardiac AI platform capable of detecting structural and rhythmic heart abnormalities without any additional hardware. By simply placing a phone on a patient’s chest, clinicians can capture heart sounds that are analyzed in real time using AI, helping flag potential cardiac issues earlier and more efficiently.

With regulatory clearance already in place, Sparrow is now focused on scaling impact. The new capital will support broader clinical adoption, continued product development, and expansion into more hospitals and care environments — helping address diagnostic gaps and improve access to cardiac care.

This milestone reinforces a powerful message: world-class health innovation can be built in Newfoundland and Labrador and scaled globally. Sparrow BioAcoustics is demonstrating how Canadian-made technology can compete on the international stage while delivering meaningful improvements to patient care.

At Bounce, we’re proud to support companies like Sparrow that are translating bold ideas into real-world impact and strengthening Canada’s health innovation ecosystem.

Read more about Sparrow’s $10M raise and Stethophone’s expansion here:
👉 https://thefuturismtoday.com/industry/healthtech/sparrow-bioacoustics-10m-for-stethophone-ai/

Granville Biomedical Launches App

Granville Biomedical: Expanding Digital Education for Women’s Health

At Bounce Health Innovation, we’re proud to spotlight companies that are pairing clinical expertise with digital innovation to improve health outcomes. Granville Biomedical, a Newfoundland and Labrador–based women’s health company, has reached a major milestone with the launch of the beta version of its AI-powered educational app, marking an important step in its digital expansion journey.

After more than two years of development, testing, and iteration, Granville Biomedical’s app is now live on the Apple App Store, with an Android release coming soon. The beta version offers demonstration videos, assembly animations, and educational content that support Granville’s growing portfolio of women’s health products. This initial release allows the company to gather early feedback while laying the groundwork for a much larger digital platform.

The next phase of the app, planned for early 2026, will introduce a fully functional SaaS-based AI educational learning platform designed for patients, healthcare practitioners, and trainees. By combining interactive learning tools with AI-driven education, Granville Biomedical aims to elevate patient understanding, support clinical training, and advance pelvic and reproductive health education on a global scale.

This digital expansion reflects Granville Biomedical’s broader mission to improve women’s health through innovation that is accessible, scalable, and rooted in real clinical needs. Built in Newfoundland and Labrador, the company’s approach demonstrates how locally developed health innovations can grow into technology-enabled solutions with international reach.

At Bounce, we’re proud to support Granville Biomedical as they continue to evolve from product innovation into digital health leadership, strengthening women’s health education and care worldwide.

Learn more and follow Granville Biomedical’s product journey by downloading their app on the Apple App Store, with additional features and platforms launching in 2026.

PolyUnity Announces Three NL Partnerships

PolyUnity Tech Inc. Partners Locally to Drive Innovation at Home and Beyond

At Bounce Health Innovation, we love highlighting collaborations that strengthen Newfoundland and Labrador’s HealthTech ecosystem. A recent example is PolyUnity Tech Inc., which announced new partnerships with fellow St. John’s organizations — reinforcing how local collaboration can lead to meaningful, scalable health innovation.

PolyUnity is partnering with Fonemed, Polyamyna Nanotech, and the Genesis AI Garage, bringing together expertise in virtual care, antimicrobial materials, advanced manufacturing, and artificial intelligence. Together, these collaborations aim to create smarter, safer, and more resilient healthcare solutions built right here in Newfoundland and Labrador.

Through its partnership with Fonemed, PolyUnity is integrating advanced virtual care capabilities into device-enabled solutions, supporting remote assessment, diagnosis, and care delivery. With Polyamyna Nanotech, the team is developing antimicrobial 3D-printing materials designed to significantly reduce bacterial presence in healthcare environments. Meanwhile, collaboration with the Genesis AI Garage is focused on using AI to enhance product design, manufacturing efficiency, and regulatory readiness.

These partnerships demonstrate the power of a connected ecosystem — where companies build together, learn together, and scale together. By leveraging complementary strengths, PolyUnity and its partners are showing how Atlantic Canadian innovation can compete nationally and globally while addressing real healthcare challenges.

At Bounce, we’re proud to support and spotlight collaborations like this that strengthen our regional ecosystem and advance healthcare innovation.

Read more about PolyUnity’s partnerships on Entrevestor:
👉 https://entrevestor.com/home/entry/polyunity-partners-with-3-st.johns-groups

Fonemed’s new virtual care products

Fonemed: Redefining Virtual Care with Device-Integrated Healthcare Solutions

At Bounce Health Innovation, we’re proud to spotlight companies advancing healthcare delivery through practical, system-ready innovation. Fonemed, founded in Newfoundland and Labrador, continues to strengthen virtual care by building solutions that help clinicians deliver timely, high-quality care, regardless of location.

Rooted in close collaboration with healthcare providers, Fonemed has expanded its platform with a new suite of device-integrated virtual care products, including the Fonemed Care Pod, Black Bag, and Mobile Care Cart. These tools enable real-time clinical assessment, diagnosis, and treatment, helping healthcare systems overcome challenges related to distance, staffing shortages, and system bottlenecks.

Unveiled alongside fellow Newfoundland and Labrador innovators at PolyUnity Tech Inc.’s Open House, these solutions reflect Fonemed’s commitment to building technology that works within existing healthcare systems while extending their reach. By integrating clinical devices directly into virtual care workflows, Fonemed is helping clinicians deliver safe, efficient care beyond traditional clinical settings.

As President and CEO Charlene Brophy notes, the goal is simple: remove barriers to care and equip healthcare teams with tools that are scalable, secure, and designed for real-world impact. That approach is already resonating across Canada and internationally, as Fonemed continues to grow its footprint and support healthcare systems under increasing pressure.

At Bounce, we’re proud to support companies like Fonemed that are translating lived healthcare challenges into scalable solutions and demonstrating how innovation built in Newfoundland and Labrador can help shape the future of healthcare.

Learn more about Fonemed’s latest device-integrated virtual care solutions here:
👉 https://www.startupecosystem.ca/news/fonemed-launches-innovative-device-integrated-solutions-for-virtual-healthcare/