Pakistani telemedicine startup Sehat Kahani has gained $2.7 million in a Series A funding round led by the health tech fund Amaanah Circle from Singapore.
Epic Angels, Cross Fund, USAID Investment Promotion Activity, Augmentor, Impact Investment Exchange and the Elahi Group of Companies also participated in the funding round.
WHAT IT DOES
Founded in 2017 by two women doctors, Dr Sara Saeed...
In 1848, the California Gold Rush began, and with it, came dreams of wealth and prosperity. In seven short years, more than 300,000 people made their way to “The Golden State” to stake their claims. But for the majority, the hope of striking it rich never materialized. The truth was that California simply had far more dirt than gold.
In the end, the merchants and traders made all the money. Levi...
Humanity launched an iPhone app in the U.K. that claims to slow aging by tracking movement, nutrition, mental health and sleep data, and using that information to provide recommendations on reducing biological age.
According to TechCrunch, an Android version of the app is in progress, and the app will launch worldwide in early September.
“It's been an incredible journey for us, as we start to...
Special purpose acquisition companies, or SPACs, have taken the digital health market by storm over the past year and a half. Already in 2021 there have been more completed or announced public exits by digital health companies than for the entirety of 2020. What’s more, over 80% of them have been through SPAC mergers, according to a new Rock Health report.
For those not already on the SPAC...
After the digital health sector raised $13.8 billion in capital last year, it’s no wonder that everyone from established life sciences companies to budding startups is looking for a way to break into the market.
Achieving success takes more than a clever idea though, and according to a McKinsey report based on the business strategies of six digital health startups, it takes six steps to build a...
APEX Ventures has announced it is marketing its second fund and actively seeking digital health startups for investment.
The fund will be headed by partner Dr Gordon Euller, a radiologist who has previously worked at Medical University Vienna (AKH Wein), as well as at McKinsey & Company in London.
APEX Ventures also plans to issue a call, along with the Herman Hauser Investment Group, for...
Hospitech Respiration, an Israeli startup that designed and manufactures a device to prevent health complications caused by ventilator usage, is offering their product to Israeli hospitals battling the coronavirus free of charge.
The AnapnoGuard device AG100s was developed to work alongside a ventilator in order to improve patient safety by preventing ventilator-enabled infections and limiting...
About half of all US digital health startups will fail within two years of launching, according to an Accenture report that analyzed 900 healthcare IT start-ups.
(Correction: The original lead and headline of this article incorrectly implied Accenture had conducted a retrospective study of health startups that failed rather than a study that mostly relies on historical funding data to make ...
Michigan's integrated health system Spectrum Health announced at the end of the year that it would shut down Ideomed, a mobile health app developer that spun out of the provider in 2010. According to a report in local business journal MiBiz, Spectrum pulled the plug after "tepid sales" and a lack of interest from outside investors.
Ideomed will fully wind up by the end of the month and its 26...
Misfit Wearables, a wearable devices startup founded by AgaMatrix co-founders Sonny Vu and Sridhar Iyengar and former Apple CEO John Sculley, recently raised a $7.6 million round of funding co-led by Brian Singerman of the Founders Fund. According to a report in TechCrunch, the other as-yet-unnamed lead venture capital firm was Khosla Ventures. Singerman also led the Founders Fund investment in...
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