Investing

A person using the Halodoc mobile app
By  Adam Ang 12:36 am July 31, 2023
Indonesian health tech company Halodoc has raised $100 million in a Series D funding round led by Astra Digital, a subsidiary of diversified conglomerate Astra International. The round was also joined by Openspace and Novo Holdings. Established in 2016, Halodoc provides online integrated health services, which include telemedicine, medicine ordering, lab test and doctor appointment booking, third...
Two surgeons looking down at a camera with scrubs on while holding surgical tools
By  Jessica Hagen 03:42 pm July 28, 2023
AI-enabled surgical technology company Proprio announced it secured $43 million in Series B funding from new and existing investors, including Bird B. WHAT IT DOES The Seattle-based company offers an FDA-cleared surgical navigation platform dubbed Paradigm, which utilizes light field technology and artificial intelligence to generate 3D visualization of surgery, allowing for intraoperative scans...
Two healthcare providers standing in front and evaluating brain imaging scans
By  Jessica Hagen 04:30 pm July 26, 2023
Octave Bioscience, a company focused on delivering precision medicine for neurodegenerative diseases like multiple sclerosis, announced it closed a $30 million extension to its Series B round. Hikma Pharmaceuticals' venture capital arm, Hikma Ventures, participated in the round alongside Novartis (dRx Capital) and Intermountain Ventures. Existing investors Echo Health Ventures, Deerfield...
Person looking at images projected onto a wall with a city in the background
By  Jessica Hagen 05:08 pm July 25, 2023
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, added $15 million in funding to its seed round, bringing its total raise to $65 million since its launch in May. The California-based company also announced its Founding Partner Program. It is partnering with healthcare systems and digital health companies to guide the development of its...
Person in a red shirt sitting next to someone in a hospital gown lying in a bed
By  Jessica Hagen 05:22 pm July 20, 2023
Family First, which provides employers and health plans with a technology platform to support caregivers' mental health and wellbeing, secured $11 million in Series A funding. RPM Ventures and Eos Venture Partners led the round, with participation from Stephen Fromm and Wormhole Capital.   "Family First has a holistic, expert approach to solving caregiving problems," Jonathan Kalman, founding...
Healthcare stakeholder sitting at a desk looking at a computer with a headset on
By  Jessica Hagen 12:14 pm July 19, 2023
Healthcare-navigation platform Amino Health has received $42 million in credit financing from Oxford Finance as part of its $80 million raise in May.  WHAT IT DOES The California-based company connects its members with physical and mental healthcare providers and benefits programs, and allows its members to book appointments and keep track of their favorite providers. It also distributes cost and...
Two people in a laboratory looking at a tablet with beakers behind them
By  Jessica Hagen 12:30 pm July 13, 2023
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...
Person sitting in a chair looking out a window with a healthcare provider next to them with their hands on the person's shoulders
By  Jessica Hagen 04:54 pm July 12, 2023
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...
Person inserting a contact lens into their eye
By  Jessica Hagen 11:34 am July 11, 2023
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-...
Person looking at digital images on a wall
By  Jessica Hagen 04:01 pm July 10, 2023
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...