Artificial intelligence care coordination company Viz.ai landed an FDA 510(k) clearance for its new algorithm designed to detect cerebral aneurysms. Dubbed Viz Aneurysm, the technology was designed to pinpoint the condition from CT scans.
The new algorithm will fit into Viz Intelligent Care Coordination Platform, and be used to help streamline getting detected aneurysm into the clinical workflow...
FemTec Health, a startup focused on using data for personalized beauty and wellness care, announced a new direct-to-consumer offering called Awesome Woman.
Customers can tap into the service to access telehealth services, and to get personalized health product packages. FemTec Health uses AI and machine learning coupled with data about a customer's genomic, genetics and health history to come up...
Digital chronic care management company Omada Health scored a whopping $192 million in Series E funding. This new infusion of cash brings the company's total raise to more than $256 million, according to Crunchbase.
The round was led by Fidelity Management & Research Company with participation from aMoon, Perceptive Advisors, Wellington Management, Civilization Ventures, and others.
WHAT...
Indian virtual care company MediBuddy announced a $125 million Series C funding round led by Quadria Capital and Lightrock India.
Founded in 2013, this brings the Bangalore, India-based company's total raise to just over $191.1 million, according to Crunchbase.
Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital...
Digital mental health newcomer Minded announced a $25 million seed funding round to support its behavioral health prescription medication platform.
Streamlined Ventures, Link Ventures, The Tiger Fund, Unicorn Ventures, Trousdale Ventures, Gaingels, SALT Fund, TheFund all participated in the round, as well as individual contributors.
WHAT THEY DO
The company is focused on providing patients...
Sweden-based Mindler announced plans to buy fellow digital mental health startup Medified Solutions Oy for an undisclosed sum. Medified Solutions Oy is a Finnish startup that created a mental health treatment monitoring software and app.
The Medified app allows users to track their mood and get feedback and encouragement. Users are able to see their mood and habits over time through visual...
Digital MSK company SWORD health tapped Valentina Longo to serve as its next chief financial officer.
This comes months after the company announced a $163 million Series D funding round, bringing its total valuation to $2 billion.
Longo is coming to SWORD from the Financial Institutions Group at Cerbeus, where she served as the managing director. Her experience also includes time as the CFO at...
Digital autism detection tool EarliTec Dx announced a $19.5 million in a Series A funding round led by Bernie Marcus with participation from Georgia Research Alliance (GRA).
WHAT IT DOES
The Atlanta-based startup uses digital biomarkers to help diagnose development disorders. Specifically, it developed a tool that uses Dynamic Quantification of Social-Visual Engagement (DQSVE), which quantifies...
Abbott's implantable cardiac sensor system CardioMEMS landed an expanded FDA clearance, allowing earlier stage heart failure patients to use the tech.
The system, which is designed to monitor pressure changes in the heart, is implanted in a patient's pulmonary artery during a minimally invasive procedure. The connected sensor is able to send data daily to doctors and care teams about a patient's...
Artificial intelligence could potentially disrupt nearly every industry. Pharma giants have continued to take note. From AI in drug discovery to digital therapeutics, big name life science companies have invested time and money into the space.
However, big tech's move fast and break things mentality doesn't always align with pharma's regulated model. Today a number of accelerators and labs are...
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