Investing

Doctor Anywhere logo
By  Adam Ang 07:48 pm December 6, 2023
Technology-enabled healthcare provider Doctor Anywhere from Singapore has raised another $40.8 million in a Series C funding extension round joined by Square Peg and Novo Holdings.  This brings its total investments since inception to nearly $200 million. It bagged $38.8 million in its previous Series C extension round.  WHAT IT'S FOR In a statement, the company said it will use its fresh funds...
Surgeons in an operating room standing above a patient on a table with large lights above them
By  Jessica Hagen 01:04 pm December 4, 2023
EndoQuest, an endoluminal robotics technology company, announced it closed a $42 million C-1 preferred financing round. Existing investors CE Ventures Limited and McNair Interests Ltd. participated in the round, as did new investor Puma Venture Capital LLC.   WHAT IT DOES The Houston-based company developed a flexible robotics surgery system to perform minimally invasive procedures in upper and...
Healthcare provider sitting a room with a computer while there is a window for them to see a diagnostic imaging tool
By  Jessica Hagen 05:10 pm November 28, 2023
AI-enabled imaging company Aidoc announced that it has secured $30 million in funding to develop a comprehensive AI imaging model and a new category of products based on that model.  WHAT IT DOES Aidoc offers radiologists tools to find and triage injuries and health conditions based on imaging results. It also provides coordination software for stroke and cardiovascular care, alerting relevant...
Healthcare provider looking at a tablet while wearing a white shirt and a stethoscope around their neck
By  Jessica Hagen 04:12 pm November 22, 2023
Healthcare AI company Layer Health, spun out of MIT, announced its launch with $4 million in funding from GV (Google Ventures), General Catalyst and Inception Health.  WHAT THEY DO Layer Health's AI platform, dubbed Distill, built on machine learning algorithms that leverage large language models, aims to streamline the chart review process from unstructured data.  The technology can be...
cofounders Andrei Georgescu (left), now Vivodyne’s CEO, and UPenn Professor Dan Huh (right), now Vivodyne’s CSO
By  Jessica Hagen 03:18 pm November 22, 2023
Philadelphia-based AI-enabled biotech company Vivodyne announced it closed a $38 million seed funding round led by Khosla Ventures. CS Ventures, Kairos Ventures, Bison Ventures and MBX Capital also participated in the round.  WHAT IT DOES Vivodyne is a drug discovery company that uses clinically predictive AI to help identify therapeutic targets and predict a patient's response to a drug by...
Healthcare worker walking down the hallway in a hospital
By  Jessica Hagen 03:16 pm November 17, 2023
Cytovale, a medical diagnostics company focused on developing technology that helps diagnose diseases, announced that it has scored $84 million in Series C funding, led by Norwest Venture Partners, with participation from other investors.  WHAT IT DOES Cytovale offers its diagnostic test, IntelliSep, which received FDA 510(k) clearance last year. The test aims to assist in the early detection of...
Neurophet logo
By  Adam Ang 01:49 am November 17, 2023
Neurophet scores $15M in Series C funding, announces 2024 IPO South Korean company Neurophet, a provider of brain image analysis software, has raised 20 billion won ($15 million) in a Series C funding round participated by institutional investors, such as KB Securities, Mirae Asset Securities, and IBK Industrial Bank of Korea. This brings its total investments since its founding in 2016 to 50...
An analysis report generated by the Lunit INSIGHT DBT
By  Adam Ang 01:46 am November 16, 2023
Shareholders of KOSDAQ-listed Lunit have recently participated in the company's recent capital raise, paying-in $150 million to fund its development of "next-generation" products and further expansion in the West.  Meanwhile, the AI cancer diagnostics solutions provider obtained its third 510(k) clearance from the United States Food and Drug Administration. WHAT IT'S FOR In a company disclosure,...
A laptop showing Heidi Clinician's AI-powered features
By  Adam Ang 01:58 am November 15, 2023
Melbourne-based health tech startup Heidi Health has raised A$10 million ($6.5 million) in a Series A funding round led by Blackbird Ventures.  Hostplus, Hesta, Wormhole Capital, Archangel Ventures, Possible Ventures and Saniel Ventures also participated in this investing round.  This brings its total investments to date to A$15 million ($9.7 million); Blackbird Ventures also led its seed funding...