Investing

Healthcare provider sitting next to a window wearing a stethoscope around their neck and looking at a tablet
By  Jessica Hagen 03:12 pm February 27, 2024
Editor's note: This article has been updated with a quote from b.well Connected Health's CEO.  b.well Connected Health, a health management platform, announced it closed a $40 million Series C growth round led by Leavitt Equity Partners.  Andrew Clark, managing partner at Leavitt; Ryan Howells, principal at Leavitt and executive director of the CARIN Alliance; Dr. Hon Pak, head of digital health...
Three people standing in front of a large screen with a map of the world on it
By  Jessica Hagen 12:31 pm February 26, 2024
Healthcare data and analytics company Reveleer announced it secured more than $65 million in a funding round led by Hercules Capital. WHAT IT DOES Reveleer offers a payer-focused, AI-enabled workflow, data and analytics platform with offerings pertaining to risk adjustment, quality improvement and member management with the objective of advancing value-based care. The company also provides...
People standing in front of a large window with two of them shaking hands and six others standing and watching
By  Jessica Hagen 01:29 pm February 21, 2024
Medical Microinstruments, a surgical robotics company, announced it secured $110 million in a Series C financing round led by Fidelity Management & Research Company, with participation from existing investors. The company offers its Symani Surgical System, a robotic technology for microsurgery and supermicrosurgery. The system allows surgeons to replicate the movement of a human hand at a...
Scientist in a lab surrounded by microscopes
By  Jessica Hagen 01:54 pm February 20, 2024
French startup Bioptimus, which aims to create an AI foundation model for biology to drive research and innovation, announced its launch with $35 million in seed funding.  Sofinnova Partners led the round, with support from Bpifrance Large Venture, Frst and multistage VC Cathay Innovation.  Hummingbird, Headline, Owkin, NJF Capital, Top Harvest Capital, and tech entrepreneur Xavier Niel also...
Two people sitting across from each other and shaking hands
By  Jessica Hagen 02:02 pm February 15, 2024
Vessi Medical, which offers cryotherapy technology to treat non muscle invasive bladder cancer (NMIBC), announced it closed a $16.5 million Series A funding round. The company offers a cryo spray for hollow and humid organs, which it touts as a new treatment approach to NMIBC, a cancer on the surface of the bladder's inner lining.  The Israeli company says its cryotherapy offering is a minimally...
Five healthcare providers standing in a circle, talking to each other
By  Jessica Hagen 01:49 pm February 13, 2024
Nearly all healthcare executives that participated in the survey, 96%, said investing in healthcare technology is worth the cost; however, 71% expressed overall hospital expenses have not gone down by implementing the digital tools, according to a survey done by Atomik Research. The survey, commissioned by Ernst & Young, found that, of the 101 payer and provider executives in the U.S. who...
Healthcare provider sitting at a desk wearing a lab coat and a stethoscope while speaking to someone on a computer
By  Jessica Hagen 01:41 pm February 9, 2024
Tech-enabled mental health platform Headlight announced its launch alongside $18 million in funding led by Matrix and EPIC Ventures.   Headlight's CEO is Geoff Swindle, the former chief business officer of PillPack and Amazon Pharmacy.  The California-based mental health company offers in-network access to patients for the treatment of ADHD, anxiety, bipolar disorder, acute stress disorder,...
Healthcare researcher looking at a computer while in a lab
By  Jessica Hagen 12:34 pm February 8, 2024
Unlearn, an AI-enabled company creating digital twins of clinical trial participants, announced it scored $50 million in Series C funding, bringing its total raise to more than $130 million.  Altimeter Capital led the round, with participation from existing investors Wittington Ventures, Epic Ventures, Radical Ventures, Mubadala Capital and Necessary Venture Capital. Insight Partners, DCVC, 8VC...
A doctor working on their laptop
By  Adam Ang 12:40 am February 1, 2024
Singaporean startup Mesh Bio has raised $3.5 million in a Series A funding round led by East Ventures. The round was also participated by Elev8, Seed Capitals, and its other shareholders. WHAT IT'S FOR In a statement, the company said it will use its fresh funds to scale the deployment of its solutions, particularly its flagship digital twin offering, across Hong Kong and Southeast Asia.  The...
A signboard of a CureBay e-clinic in rural India
By  Adam Ang 04:16 am January 26, 2024
Rural-focused e-clinics chain CureBay scored another Rs 620 million ($7.5 million) in funding as part of a Series A round led by Elevar Equity. This comes on top of the first $6 million it raised in 2022. According to their press release, the additional funds will be used to invest in their membership programme by hiring over 200 data scientists and experts in pharmacy and diagnostics. It will...