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...
Pathways to reimbursement for digital health companies can be elusive. A new report by Research2Guidance reveals the outcome of a survey in which 638 digital healthcare stakeholders provided insight into how digital health solutions can monetize their offerings and which countries are more welcoming to the technology.
Ralf-Gordon Jahns, managing director of Research2Guidance, sat down with...
Indonesian digital health company Alodokter has acquired the pregnancy app Diary Bunda from Japanese conglomerate Marubeni Corp. for an undisclosed sum.
Meanwhile, Marubeni also pledged an investment to Alodokter's parent company, Singapore-based Ranelagh, which also operates the doctor platform Alomedika.
WHY IT MATTERS
Launched in 2020, Diary Bunda provides personalised medical information and...
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...
