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Myant

Overview

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About Myant

Simplify's Rating
Why Myant is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsIndustrial & ManufacturingEnterprise SoftwareHealthcare

Company Size

51-200

Company Stage

N/A

Total Funding

$1.5M

Headquarters

Toronto, Canada

Founded

2010

Simplify Jobs

Simplify's take

What believers are saying

  • April 2026 FIGUR8 and May 2026 Bresotec acquisitions expanded musculoskeletal and sleep diagnostics.
  • March 2026 NGen named Myant a lead partner for a $79.5 million AI manufacturing slate.
  • October 2026 hiring includes cardiology sales, regulatory, and software quality roles, showing commercialization push.

What critics are saying

  • Headcount fell 33.4% from 2023 to 2026, signaling strain and execution risk.
  • Myant depends on regulatory clearance and reimbursement for SKIIN, Care360, and related services.
  • If clinical adoption stalls, Myant remains a capital-intensive hardware platform without recurring revenue.

What makes Myant unique

  • Myant combines SKIIN sensors, textile manufacturing, and data-sharing software across Canada and Taiwan.
  • January 2026 AiQ integration gives Myant medical-grade e-textile components and manufacturing scale.
  • Myant holds Health Canada Class II licensing and 170,000-square-foot Mississauga operations.

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Funding

Total Funding

$1.5M

Above

Industry Average

Funded Over

0 Rounds

Benefits

  • Remote Work Options

Company News

EIN Presswire
Jan 20th, 2026
Myant acquires majority stake in AiQ Smart Clothing to scale medical-grade e-textiles

Myant, a Toronto-based textile computing company, has acquired a controlling majority stake in a joint venture with TexRay Industrial to integrate AiQ Smart Clothing into its ecosystem. The move combines Canadian innovation in textile computing with Taiwan's manufacturing capabilities to create a standardised platform for medical-grade e-textile components. AiQ customers will gain access to Myant's digital textile platform and manufacturing capabilities. The merged portfolio includes advanced sensing technology from Nanoleq alongside AiQ's 15 years of experience in smart apparel, offering functionalized yarns, conductive tapes and textile-to-electronics interfaces. The integration establishes Myant's physical presence in Taiwan, enabling better service to the Asian market. The company aims to create a global standard for textile computing that interfaces the human operating system with AI for health and wellness applications.

AITech365
Mar 20th, 2025
Myant Launches Care360: AI-Powered Cardiac Assessments Delivered Directly to Patients and Physicians

Myant, a leader in AI-driven healthcare solutions, has unveiled Myant Care360, an innovative service offering precision cardiac assessments directly to patients and physicians.

PR Newswire
Jan 23rd, 2025
Myant Brings The Future Of Disease Prevention To Arab Health 2025

TORONTO, Jan. 23, 2025 /PRNewswire/ -- At Arab Health 2025, Myant will showcase its mission to enable human-centric, precise, and preventive care through continuous connection, a vision brought to life by groundbreaking innovations in AI and Textile Computing™. Backed by cutting-edge R&D and significant investment, Myant is redefining healthcare as proactive, continuous, and deeply personal.As the largest healthcare event in the Middle East, Arab Health provides an unparalleled platform for Myant to connect with global healthcare leaders, unveil transformative solutions, and shape the future of medical innovation. Myant's participation underscores its commitment to empowering people to live healthier, longer lives through revolutionary technology and actionable health insights.Showcasing the Future of Disease PreventionMyant will present Myant Care, a comprehensive platform which combines health data to predict and prevent disease, keeping populations healthy by providing early warnings and interventions. Myant Care uses clinical-grade interfaces for real medical decisions, leveraging deep machine learning to transform continuous health data and scientific literature into actionable care plans.Central to the platform is Skiin Generation 2, the world's first passive, human centric, comfortable, continuous medical-grade remote monitor. It integrates ECG, cuffless blood pressure, breathing pattern and volume, core body temperature, oxygen saturation (SpO2), actigraphy and posture, sleep metrics including sleep apnea diagnosis, offering unparalleled insights into managing hypertension, life-threatening arrhythmias, heart failure, sleep apnea, COPD and other conditions.Skiin Generation 2 unlocks powerful new tools for physicians, including live telemetry during teleconsultations and symptom replay

Il Giornale d'Italia
Jan 16th, 2025
Myant Accelerates Precision Healthcare with Acquisition of Bitnobi Inc.

TORONTO, Jan. 16, 2025 /PRNewswire/ - Myant, a global leader in advanced materials and connected health solutions, proudly announces the acquisition of Toronto-based technology innovator, Bitnobi Inc.

Newswire
Jan 16th, 2025
Myant Acquires Bitnobi for Precision Healthcare

Myant, a leader in connected health solutions, has acquired Bitnobi Inc., a Toronto-based tech firm specializing in privacy-protected data-sharing software. This acquisition enhances Myant's ability to securely share and utilize healthcare data, advancing its mission of precision healthcare. Bitnobi's platform will aid in creating a "digital human replica," supporting proactive and personalized care. This is Myant's fourth strategic acquisition in six months, strengthening its innovation capabilities.

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