California-based Mendaera, a healthcare robotics company, announced that it had secured $24 million in Series A funding, led by Lux Capital.
Operator Partners, Founders Fund and Allen & Company participated in the round, alongside investors Auris Health founder Dr. Fred Moll, Intuitive Surgical and former U.S. Senator Bob Kerrey.
WHAT IT DOES
Mendaera completed the research and design...
Baby tech company Owlet reported a drop in revenue to $13.1 million in the second quarter of 2023, compared to $18.3 million for the same period last year. It also reached a milestone, garnering FDA clearance in June for BabySat, its medical pulse oximetry wire-free sock for infants.
The company reported a net loss of $8.5 million in Q2 2023, compared to $11.7 million in Q2 2022, and an...
Daybreak Health, a digital mental health company for children and teens focused on schools, has raised $13 million in Series B funding led by Union Square Ventures, bringing its total raise to $25 million.
Existing investors Maven Ventures, Lightspeed Venture Partners and Y Combinator participated in the round alongside new investor Lux Capital.
WHAT THEY DO
Daybreak partners with schools and...
Chicago-based early-stage venture capital firm Distributed Ventures, born out of NFP Ventures, announced it had closed $100 million in total commitments last month, which it plans to use to invest in insurtech, fintech and digital health.
Shawn Ellis, managing partner at Distributed Ventures, joined MobiHealthNews to discuss how the company is uniquely positioned to cultivate growth in the...
Virtual primary care company TytoCare announced it garnered an additional $49 million in growth funding.
Existing investor Insight Partners led the round, with participation from new investors MemorialCare, Clal and Healthcare of Ontario Pension Plan.
WHAT IT DOES
The Israeli health tech company provides virtual care via its AI-enabled TytoCare Home Smart Clinic, which allows clinicians to...
FeelBetter, a machine learning-enabled medication-management platform focused on polypharmacy, announced it secured $5.9 million in funding led by Firstime Ventures and Shoni Health Ventures.
Random Forest VC, The Group Ventures, and existing FeelBetter investor Triventures also participated in the round.
The latest round brings the company's total raise to $8 million.
WHAT IT DOES
FeelBetter...
Indonesian health tech company Halodoc has raised $100 million in a Series D funding round led by Astra Digital, a subsidiary of diversified conglomerate Astra International. The round was also joined by Openspace and Novo Holdings.
Established in 2016, Halodoc provides online integrated health services, which include telemedicine, medicine ordering, lab test and doctor appointment booking, third...
AI-enabled surgical technology company Proprio announced it secured $43 million in Series B funding from new and existing investors, including Bird B.
WHAT IT DOES
The Seattle-based company offers an FDA-cleared surgical navigation platform dubbed Paradigm, which utilizes light field technology and artificial intelligence to generate 3D visualization of surgery, allowing for intraoperative scans...
Octave Bioscience, a company focused on delivering precision medicine for neurodegenerative diseases like multiple sclerosis, announced it closed a $30 million extension to its Series B round.
Hikma Pharmaceuticals' venture capital arm, Hikma Ventures, participated in the round alongside Novartis (dRx Capital) and Intermountain Ventures. Existing investors Echo Health Ventures, Deerfield...
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, added $15 million in funding to its seed round, bringing its total raise to $65 million since its launch in May.
The California-based company also announced its Founding Partner Program. It is partnering with healthcare systems and digital health companies to guide the development of its...
