Emerging and High Growth Companies

Winterlight Labs in its £7.0 million business combination with Cambridge Cognition Holdings plc

Winterlight Labs
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

Nataly Dil

Associate, Emerging and High Growth Companies, Toronto

Dov Begun

Partner, Tax, Toronto

Alina Tamm

Associate, Tax, Vancouver

Sean Timlick

Associate, Tax, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

 

On January 11, 2023, Winterlight Labs announced that it was acquired by Cambridge Cognition Holdings plc for £7.0 million. This value is comprised of a cash payment of £3 million and £4 million of Cambridge Cognition shares. Collectively, the companies aspire to create digital health products to further understand, detect and treat conditions concerning brain health.

Winterlight Labs is a Toronto based AI tech company that utilizes machine-learning based voice assessments to detect central nervous system disorders and track the development of treatment.

Cambridge Cognition Holdings plc is a United Kingdom based company that constructs digital solutions to assess brain health.

Osler, Hoskin & Harcourt LLP advised Winterlight Labs with a team consisting of Chad Bayne, Justin Dharamdial, Sahil Chopra, Nataly Dil (Emerging and High Growth Companies), Dov Begun, Alina Tamm and and Sean Timlick (Tax).

Value
£7.0 million
Date Closed
January 11, 2023
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

Nataly Dil

Associate, Emerging and High Growth Companies, Toronto

Dov Begun

Partner, Tax, Toronto

Alina Tamm

Associate, Tax, Vancouver

Sean Timlick

Associate, Tax, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto