Healthcare AI company Layer Health, spun out of MIT, announced its launch with $4 million in funding from GV (Google Ventures), General Catalyst and Inception Health.
WHAT THEY DO
Layer Health's AI platform, dubbed Distill, built on machine learning algorithms that leverage large language models, aims to streamline the chart review process from unstructured data.
The technology can be...
Philadelphia-based AI-enabled biotech company Vivodyne announced it closed a $38 million seed funding round led by Khosla Ventures.
CS Ventures, Kairos Ventures, Bison Ventures and MBX Capital also participated in the round.
WHAT IT DOES
Vivodyne is a drug discovery company that uses clinically predictive AI to help identify therapeutic targets and predict a patient's response to a drug by...
Pharmaceutical giant AstraZeneca announced the launch of Evinova, a health technology business focused on bringing digital health solutions already in use globally by the pharma company to clinical research organizations (CROs), trial sponsors and care teams, and patients.
The new company will use established digital technology solutions to streamline clinical trial design and delivery in order...
Syra Health, a healthcare technology company that provides tools to analyze population health, announced it signed a five-year $275,000 contract to examine the City of San Antonio's implementation of its Racial and Ethnic Approaches to Community Health (REACH) project.
The U.S. Department of Health and Human Services' (HHS) REACH project is a national program administered by the Centers for...
Neurophet scores $15M in Series C funding, announces 2024 IPO
South Korean company Neurophet, a provider of brain image analysis software, has raised 20 billion won ($15 million) in a Series C funding round participated by institutional investors, such as KB Securities, Mirae Asset Securities, and IBK Industrial Bank of Korea.
This brings its total investments since its founding in 2016 to 50...
Direct-to-consumer virtual care company Hims & Hers Health announced last week the launch of a new AI-enabled offering, MedMatch, which provides healthcare providers with anonymized data points generated from the company's customer database, aimed at helping mental health professionals identify suitable treatments for patients.
Dr. Patrick Carroll, chief medical officer at Hims & Hers,...
Shareholders of KOSDAQ-listed Lunit have recently participated in the company's recent capital raise, paying-in $150 million to fund its development of "next-generation" products and further expansion in the West.
Meanwhile, the AI cancer diagnostics solutions provider obtained its third 510(k) clearance from the United States Food and Drug Administration.
WHAT IT'S FOR
In a company disclosure,...
Melbourne-based health tech startup Heidi Health has raised A$10 million ($6.5 million) in a Series A funding round led by Blackbird Ventures.
Hostplus, Hesta, Wormhole Capital, Archangel Ventures, Possible Ventures and Saniel Ventures also participated in this investing round.
This brings its total investments to date to A$15 million ($9.7 million); Blackbird Ventures also led its seed funding...
Dallas-based Pieces Technologies, a healthcare generative AI company for care teams, announced it incorporated Amazon Web Services' genAI offerings to create Sculpted AI, a technology that can tailor to health systems' specifications and embeds AI within electronic health record clinical workflows.
Sculpted AI leverages Amazon Bedrock, Amazon Elastic Compute Cloud and Amazon SageMaker Canvas to...
Boston-based medical technology company Elucid, which offers AI-enabled imaging analysis software for cardiovascular disease, announced that it has scored $80 million in Series C funding, bringing its total raise to $121 million.
Elevage Medical Technologies led the funding, with additional contributions from other investors.
The company will use the funds to expand the commercialization of its...
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