Causaly, a tech company using AI to interpret large datasets and literature, announced it closed a $60 million Series B round led by ICONIQ Growth.
Marathon Venture Capital, Index Ventures, Pentech Ventures, EBRD and Visionaries Club also participated in the round, as did former chairman and CEO of Johnson & Johnson Alex Gorsky and CEO and cofounder of Datadog Olivier Pomel.
WHAT IT DOES...
AI-powered senior-focused digital health company CarePredict announced it scored $29 million in Series A-3 investment co-led by Aspire Healthtech Partners and SV Health Investors' Medtech Convergence Fund.
Existing investors Las Olas Venture Capital and Secocha Ventures participated in the round, as did individual investors.
WHAT IT DOES
CarePredict offers an AI-enabled platform for senior care...
Ophthalmology technology company Smartlens announced it closed a $6.1 million Series A equity financing round led by Ambit Health Ventures.
Stanford University, Sophia Innovation Capital, Graphene Ventures, Plaisance Capital Management, Boutique Venture Partners, Wilson Sonsini Investments and 3E Bioventures also participated in the round.
WHAT IT DOES
Smartlens offers miLens, an electronics-...
U.K.-based immersive technology company FourPlus announced it garnered funding from the U,K.'s national innovation agency, dubbed Innovate UK, to create a mixed reality training platform for pharma companies and the healthcare sector.
FourPlus' immersive technology, including its virtual reality experiences, is used within the life sciences sector for workforce management, 3D asset visualization...
A federal judge dismissed a securities class-action lawsuit filed against virtual care company Teladoc Health pertaining to its $18.5 billion merger with chronic care company Livongo.
The complaint, originally filed by shareholder Jeremy Schneider in 2022 on behalf of parties that purchased Teladoc shares between Feb. 2021 and July 2022, alleged the virtual care company's representatives misled...
Define Ventures, a venture firm whose portfolio consists of well-known early-stage startups in Silicon Valley, received $460 million in Fund III and Opportunities Funds and is looking to expand its investments in digital health.
The firm invested in Folx, which offers virtual healthcare services for the LGBTQ+ community, hybrid women's healthcare provider Tia, digital care management platform...
Boston-based Author Health, a hybrid care platform for Medicare Advantage members with serious mental illness and substance use disorders, launched with $115 million in financing.
General Atlantic led the round with participation from Flare Capital Partners.
WHAT IT DOES
Author Health provides virtual and in-person psychiatric care for Medicare Advantage recipients with a mental illness or...
Augmedics, an augmented reality surgical-navigation platform, has scored $82.5 million in Series D financing led by CPMG.
Evidity Health Capital joins the round as a syndicate partner. Current investors Revival Healthcare Capital, H.I.G. Capital, Almeda Ventures and others participated in the round.
WHAT IT DOES
Augmedics xvision Spine System, which received FDA clearance in 2019, utilizes...
AvoMD, an AI-enabled platform that allows clinicians and hospitals to create apps for use at the point of care, announced it closed $5 million in a seed funding round led by AlleyCorp.
Epsilon Health, MedMountain Ventures and Las Olas also participated in the round alongside Dr. Kavita Patel, venture partner at New Enterprise Associates and senior policy advisor at Stanford University, and...
Health technology company Aledade announced it scored a whopping $260 million in Series F funding.
Lightspeed Venture Partners led the round, with participation from Venrock, Avidity Partners, OMERS Growth Equity and Fidelity Management & Research Company.
According to Bloomberg, the latest funding round brings the company's valuation to $3.5 billion, aiding the company in achieving unicorn...