Investing

[Left-Right] Logos of Ubie and Google's Health Connect (Beta)
By  Adam Ang 01:03 am May 12, 2023
Ubie ties up with Google's Health Connect (Beta) Japanese health tech startup Ubie is one of the six launch partners of Google for Health Connect (Beta) in Japan. Health Connect (Beta) is an Android platform that allows the easy sharing of data between health and fitness apps. It also enables easy management of health data. This latest partnership connects Ubie AI Symptom Checker, which allows...
Two people looking at a board on a wall with numbers
By  Jessica Hagen 01:47 pm May 10, 2023
Babylon's stock price fell sharply after it announced plans to take the multinational digital health firm private, less than two years after the company debuted on the New York Stock Exchange.  Babylon also entered into an agreement with AlbaCore Capital LLP for a secured term loan facility for up to $34.5 million to support the company's plans to delist.  In the first quarter, Babylon reported...
Businesspeople shaking hands.
By  Emily Olsen 12:36 pm May 9, 2023
Aegis Ventures and Northwell Holdings, the investment arm of the New York-based health system, on Tuesday launched Optain, a company that aims to use AI-backed retinal imaging to catch early signs of disease. The partners also provided an initial seed investment of $12 million.  Though the startup is new to the U.S. market, Aegis and Northwell said the tech can be traced back to Australian...
Healthcare provider smiling
By  Jessica Hagen 11:39 am May 4, 2023
Patient billing and communications platform Inbox Health has completed its $22.5 million Series B financing round, bringing its total raise to more than $43 million.  Ten Coves Capital led the round with participation from existing investors Vertical Venture Partners, CT Innovations, Healthy Ventures, Commerce Ventures and Fairview Capital. Steven Piaker, managing partner at Ten Coves Capital,...
The Minuteful Kidney test
By  Emily Olsen 02:34 pm May 3, 2023
Smartphone urinalysis company Healthy.io announced Wednesday it had wrapped up a $50 million funding round. The Series D, which also includes a previously unannounced $45 million raise from early last year, was led by Schusterman Family Investments, with participation from Aleph and existing investors.  Healthy.io said the funds will be used to expand in the U.S. The company has offices in Boston...
Students sitting in a classroom
By  Jessica Hagen 12:37 pm May 2, 2023
Uwill, a mental health platform for colleges and students, completed a $30 million Series A funding round led by Education Growth Partners.  WHAT IT DOES The company partners with colleges to offer students on-demand virtual access to licensed therapists and providers trained in crisis counseling. Students can also attend online wellness events through the company's mental health-and-wellness app...
Two people sitting on the floor
By  Jessica Hagen 03:53 pm May 1, 2023
Hybrid fertility and reproductive care company Kindbody scored a $25 million investment from JPMorgan Chase's business unit focusing on employer-sponsored healthcare, Morgan Health. Dr. Cheryl Pegus, managing director of Morgan Health Ventures, will join Kindbody's board of directors.  WHAT THEY DO The New York-based company offers virtual and in-person services, including egg freezing,...
Practice Better platform
By  Jessica Hagen 01:25 pm April 28, 2023
Practice Better, a practice management platform for health and wellness practitioners, scored a $27 million growth investment led by Five Elms Capital.  WHAT THEY DO The Canadian company offers a platform for health and wellness professionals to manage a range of services, including scheduling appointments, managing billing and payments, providing telehealth and messaging. The funding will help...
TympaHealth's hearing assessment device
By  Emily Olsen 11:34 am April 28, 2023
Hearing care startup TympaHealth scooped up $23 million in a Series A funding round led by Octopus Ventures.  The raise also included participation from existing investors and newcomers Dara Capital, Rezayat investments, and angels Bob Davis and Jeff Leerink. The London-based company previously raised $8 million in seed funding early last year.  WHAT THEY DO Tympa offers a portable system that...
Surgeons during an operation.
By  Emily Olsen 11:51 am April 26, 2023
Surgical collaboration app Chiefy announced this week it had raised $4.2 million in a seed funding round led by LionBird with participation from Nina Capital and Emerge Ventures. WHAT IT DOES The startup offers a chat and communication platform that allows members of the surgical team to hold a pre-operation briefing virtually, instead of relying on in-person meetings or text messages, emails and...