Investing

Person sitting in a chair looking at a tablet
By  Jessica Hagen 02:18 pm June 22, 2023
Senior-focused digital health platform DUOS announced it secured $10 million in funding, bringing its total raise to over $33 million.  Primetime Partners, SJF Ventures and CEOc's Aging Innovation Fund managed by Castellan Group led the round.  WHAT IT DOES DUOS initially offered a direct-to-consumer platform that pairs older adults with a manager, called a Duo, who can set up rides, arrange food...
Person standing inside a building looking out a glass window at a big city
By  Jessica Hagen 05:14 pm June 21, 2023
Seattle-based Outbound AI, a company offering AI-powered virtual agents that perform administrative tasks, announced it scored $16 million in seed funding.  Madrona Venture Group and SpringRock Ventures co-led the round, with participation from Ascend, Pack Ventures, Epic Ventures, Tacoma Venture Fund, Locke Capital and KCRise Fund.  WHAT IT DOES Outbound AI is a conversational AI tool for...
Several people sitting in a classroom with a teacher with their back faced to the camera
By  Jessica Hagen 02:46 pm June 21, 2023
Caraway, a virtual care startup focused on providing mental, physical and reproductive healthcare for Generation Z, has secured $16.75 million in Series A funding led by Maveron and GV. Existing investors 7wireVentures and Hopelab Ventures also participated in the round alongside Wellington Access Ventures, Ingeborg Investments and The Venture Collective.  OMERS Ventures was a seed stage investor...
Person sitting on their couch speaking to a healthcare professional on a tablet
By  Jessica Hagen 01:16 pm June 16, 2023
Hybrid value-based behavioral healthcare provider, Octave, announced it had scored $52 million in Series C funding, bringing its total raise to $86 million.  Cigna Ventures, Novo Holdings and Avidity Partners led the round, with participation from existing investors Greycroft Partners, Health Velocity Capital, Obvious Ventures, Company Ventures and Felicis Ventures.  WHAT IT DOES Octave offers in...
Dr. Daniel Kraft, founder and chair of Digital.Health and NextMed Health and general partner at Continuum Health Ventures
By  Jessica Hagen 01:54 pm June 12, 2023
As a long-time innovator and Stanford and Harvard-trained physician and scientist, Dr. Daniel Kraft has seen how technological advancements impact patient care and has spoken extensively on the intersection of healthcare and technology.   Kraft, who is also founder and chair of Digital.Health and NextMed Health, and also general partner at Continuum Health Ventures, sat down with MobiHealthNews...
A pregnant person sitting in a chair while looking at a tablet
By  Jessica Hagen 02:06 pm June 9, 2023
Pomelo Care, a virtual maternity care platform, scored $33 million in seed and Series A funding led by Andreessen Horowitz.  The New York-based company partners with employers, health plans and providers to offer virtual fertility, pregnancy and newborn care from preconception through a baby's first year. Its offerings include nutrition counseling, educational content, primary and women's care,...
A lab researcher holding a digital tablet
By  Adam Ang 12:30 am June 9, 2023
HKUST-led study combines AI, genetic info to predict Alzheimer's risk A research team led by the Hong Kong University of Science and Technology has made an AI model that uses genetic information to predict the risk of developing Alzheimer's disease before the onset of symptoms.  The team, which includes researchers from Shenzhen Institute of Advanced Technology and University College London, as...
Healthcare provider sitting on a desk holding a tablet while smiling
By  Jessica Hagen 11:35 am June 8, 2023
Boston-based Laudio, a healthcare management platform, announced that it has raised $13 million in Series B funding, bringing its total raise to $25 million. Define Ventures led the round, with participation from InHealth Ventures, .406 Ventures, TeleTracking Technologies and MemorialCare Innovation Fund. A.G Breitenstein, venture partner at Define Ventures, is joining Laudio’s board of directors...
A patient wearing Nutromics' lab-in-a-patch device
By  Adam Ang 01:08 am June 8, 2023
Diagnostics company Nutromics has raised A$11 million ($7 million) ahead of its Series A funding round later this year. WHAT IT'S FOR The company has been raising funds for the imminent commercialisation of its continuous diagnostic monitoring technology. Established in 2017, Nutromics has been developing a "lab-in-a-patch," which uses DNA sensor technology to track multiple targets, such as...