Investing

A doctor in a phone call consultation with a patient
By  Adam Ang 03:41 am September 8, 2023
Lissun scores $1.3 million seed funding Lissun, a mental health platform from India, has collected $1.3 million in seed funding from a round led by Inflection Point Ventures and Rainmatter Capital.  The startup aims to tackle the stigma around mental health by offering consumer-facing solutions through healthcare institutions in a B2H2C model. According to a press statement, Lissun plans to use...
MrMed logo
By  Adam Ang 11:23 pm August 31, 2023
E-pharmacy MrMed scores half mil for expansion Online pharmacy MrMed has raised $500,000 from a funding round led by the Tamil Nadu Emerging Sector Seed Fund. According to a news report, the company will use its fresh funds to expand its team and reach out to more customers.  Launched in 2021, the pharmacy startup offers specialty medicines for cancer, heart disorders, and other critical health...
Healthcare providers in lab coats wearing a mask and stethoscope and looking at a screen
By  Jessica Hagen 01:53 pm August 31, 2023
AI-enabled clinical trial design company QuantHealth announced it scored $15 million in a Series A funding round co-led by Pitango HealthTech and Bertelsmann Investments, bringing its total raise to $20 million.  The company, which recently expanded into the U.S. market, offers its AI-powered Clinical-Simulator, which predicts an individual's response to treatment during a clinical trial in order...
Person sitting on a couch looking away from the camera while holding a wooden cane
By  Jessica Hagen 12:24 pm August 30, 2023
Senior-focused technology company Intuition Robotics, which offers an AI-powered care companion robot for seniors experiencing loneliness, announced it closed a $25 million funding round, which includes $20 million in venture capital and $5 million in debt.  The round was led by Woven Capital, the growth fund of Toyota, with participation from OurCrowd, Toyota Ventures, Western Technology...
Four people standing in a room next to a large glass window with two of them shaking hands and the other two watching
By  Jessica Hagen 01:46 pm August 24, 2023
Questa Capital Management, a healthcare-focused venture firm, announced it closed a $397 million venture growth equity fund dubbed Questa Capital III, bringing its total raise to over $1 billion.  Commitments came from blue-chip investors, including endowments, foundations, family offices, pension plans, fund-of-funds and consultants.  WHAT IT DOES The company's current portfolio includes: in-...
Person sitting on the floor holding another person in their hands while wearing a head scarf
By  Jessica Hagen 11:24 am August 23, 2023
Value-based cancer care platform Thyme Care announced it secured $60 million in Series B funding co-led by Foresite Capital and Town Hall Ventures, bringing its total raise to over $80 million.  Current investors Andreessen Horowitz BIO + Health, Casdin Capital, Frist Cressey Ventures and AlleyCorp participated in the round.  Town Hall Ventures' cofounder and general partner David Whelan will...
Person standing with their back turned while looking at a computer next while in a lab
By  Jessica Hagen 01:15 pm August 22, 2023
California-based AI drug discovery startup Genesis announced it scored a whopping $200 million in an oversubscribed Series B funding round, bringing its total raise to $280 million.  The company also announced that approximately $24 million of SAFE notes from a prior funding round were converted amid the closing of the Series B round. Andreessen Horowitz and a "U.S.-based life sciences-focused...
Person putting a test tube in a bag while sitting next to a computer wearing a scarf
By  Jessica Hagen 03:32 pm August 18, 2023
Viome Life Sciences announced it closed a $86.5 million oversubscribed Series C funding round, bringing its total raise to $175 million.  Bold Capital and Khosla Ventures participated in the round alongside existing and new investors.  The company also announced the launch of its Gut Intelligence Test in 200 CVS locations.  WHAT IT DOES The company offers a total body intelligence test for users...
Screenshots of Walking Tall app
By  Adam Ang 02:22 am August 18, 2023
New Parkinson's app uses metronome beats to train gait  A new mobile app for people with Parkinson's Disease helps them walk better using metronome beats.  The gait re-training tool, developed as part of a larger clinical trial for PD research, delivers rhythmic metronomic beats that trigger movement.  Now developed separately as an app called Walking Tall, it now features training sessions on...
Two persons using the Tiktok app on a mobile phone
By  Adam Ang 02:16 am August 18, 2023
TikTok joins youth mental health campaign in Korea Social media platform TikTok in South Korea, together with the non-profit organisation Mental Health Korea, has tied up with the National Center for Mental Health to promote the mental well-being of young people. Based on their memorandum of understanding, the organisations aim to improve youth mental health through the dissemination of correct...