Investing

Person in a blue shirt holding a tablet while smiling and looking at the device
By  Jessica Hagen 01:03 pm September 20, 2023
Editor's note: This article has been updated to reflect Health Catalyst Capital not Health Catalyst participated in the round. Digital gastrointestinal health company Vivante Health announced it closed a $31 million Series B funding round led by new investor Mercato Partners, bringing its total raise to $47 million. Health Catalyst Capital, Intermountain Ventures, SemperVirens, 7wireVentures,...
Healthcare provider in scrubs sitting on a couch in a living room with two people
By  Jessica Hagen 09:33 am September 20, 2023
Inbound Health, a value-based care enablement platform for health systems and plans to provide at-home acute and post-acute care, announced the close of a $30 million Series B funding round led by HealthQuest Capital.  Existing investors McKesson Ventures and Flare Capital Partners participated in the round.  The Minnesota-based company will use the funds to expand into new markets and further...
Healthcare worker standing beside a pregnant person lying in bed while both are touching the pregnant person's stomach
By  Jessica Hagen 09:04 am September 19, 2023
GE HealthCare has secured a grant of more than $44 million from the Bill and Melinda Gates Foundation to design AI-enabled applications and tools to help less experienced health professionals in low- and middle-income countries perform ultrasound scans that address fetal and maternal health and respiratory diseases. Caption Health, founded in 2013 and acquired by GE HealthCare earlier this year,...
Healthcare provider talking to a patient while showing them a tablet
By  Jessica Hagen 02:01 pm September 18, 2023
Cardiology care platform CardioOne, a company built through Redesign Health, announced it is partnering with healthcare providers Cardiac Associates of New Jersey, Twin Hearts in Florida and Corrieius Cardiology in Pennsylvania, as well as subscription-based cardiology resources company MedAxiom.  Texas-based CardioOne is a cardiology-focused care delivery enablement platform that offers...
Healthcare provider wearing a lab coat and a stethoscope around their neck while sitting at a desk looking at a computer
By  Jessica Hagen 11:39 am September 18, 2023
Virtual specialty care platform Summus announced it secured $19.5 million in funding, bringing its total raise to $70 million.  Summus offers employers, health plans, hospitals and health systems, and medical groups and networks a virtual care platform focused on specialty care, including peer-to-peer solutions that allow primary care and in-plan specialist providers access to a specialist...
AWAK Technologies digital health monitoring platform
By  Adam Ang 10:24 pm September 14, 2023
AWAK bags $20M in Series B funding Despite a challenging market condition, Singapore-based medtech AWAK Technologies has raised more than $20 million in a Series B funding round – one of the biggest funding raises in Southeast Asia this year. The round was co-led by Lion X Ventures and Vickers Venture Partners.  AWAK is developing a portable peritoneal dialysis device that allows users to undergo...
An elderly patient talking to a doctor who is holding a tablet
By  Adam Ang 04:06 am September 14, 2023
A research project led by researchers from the University of Melbourne will be receiving A$2 million ($1.3 million) in funding and support from Google.org. The MATCH (Music Attuned Technology - Care via eHealth) project is one of the 15 projects selected for the $25 million AI for the Global Goals grant, which seeks to help organisations accelerate progress towards meeting the United Nation's...
Computerized image of an artificial intelligence robot with a data panel in the background
By  Jessica Hagen 12:08 pm September 11, 2023
Tel Aviv-based AI-enabled computational protein engineering platform Scala Biodesign announced its launch today with $5.5 million in seed funding. The round was led by TLV Partners, an Israeli venture capital firm that invests in early-stage startups.  WHAT IT DOES Scala's computational method utilizes AI, physics-based modeling and biological data analysis to engineer and improve proteins for...
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...