Last Updated: 16 January 2025
Myant, a global leader in advanced materials and connected health solutions, has announced its acquisition of Bitnobi Inc.—a Toronto-based technology innovator spun out of York University.
Bitnobi specializes in privacy-protected data-sharing software, enabling seamless collaboration between data owners and consumers while ensuring raw data remains secure. This forward-thinking approach is crucial in today’s healthcare environment, where personal data security and accessibility often seem at odds.
This milestone marks Myant’s fourth strategic acquisition within just six months, strengthening its platform through new technologies, fresh capabilities, and entry into additional markets.
Each acquisition aligns with Myant’s overarching mission: empowering individuals to live younger for longer by offering healthcare solutions that are proactive, personalized, and precise.
The acquisition of Bitnobi addresses a pivotal element of Myant’s strategy—ensuring safe and secure data sharing. By integrating Bitnobi’s patented platform, Myant enhances its ability to create a “digital human replica,” an innovative method of personalizing healthcare via insights generated from its advanced smart material solutions.
"Myant is building the equivalent of a fiber-optic connection to the human body which enables a true digital replica. We aim to connect the human operating system—its rhythms, signals, and unique needs—use advanced materials, AI, and sensing to deliver proactive and preventative care. This acquisition strengthens our ability to provide precise and personalized support that goes beyond reactive healthcare."
Tony Chahine, Myant’s founder & CEO
By weaving Bitnobi’s data-sharing capabilities into its system, Myant can advance personalization in care, moving the industry beyond conventional, reactive models of treatment.
Through this partnership, Myant will improve its capacity to exchange health data responsibly, accessing third-party datasets while respecting privacy and governance protocols. Bitnobi’s technology helps Myant forge collaborations with researchers and clinicians, driving the discovery of new data-sharing initiatives in Canada and beyond.
By sharing its own proprietary data and safely integrating external data, Myant strives to uncover valuable health insights that accelerate groundbreaking solutions.
“Myant has created a global innovation hub in Toronto, where over 200 scientists, engineers, and researchers are driving breakthroughs in connected health. Joining forces will amplify our collective impact, ensuring that innovation in Canada's technology and healthcare sectors continues to thrive.”
Hassan Jaferi, CEO of Bitnobi
By blending advanced materials, intelligent interfaces, and robust security frameworks, Myant and Bitnobi are reshaping proactive healthcare. Together, they will continue to pioneer how people access, share, and benefit from data—a critical step toward redefining aging, health, and independent living for a new generation.
