Newtopia Raises Seed Funding

Newtopia Inc., a Canadian personalized health coaching company, received seed funding from the Business Development Bank of Canada .

The investment, whose amount remained undisclosed, was made through the bank’s Venture capital division and in partnership with a group of Canadian angel investors including Newtopia Chairman and Co-founder Dennis Bennie.

The company intends to use the capital to fund next stage of commercialization.

Co-founded in 2008 and led by CEO and Jeffrey Ruby, Newtopia offers tailored online health plans, products and coaching support that combine nutrition, exercise and behaviour management.



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