Investing

A scientist checking on results of their DNA analysis on a digital tablet
By  Adam Ang 12:14 am October 20, 2023
Mesh Bio secures funding for refining digital twin engine Singaporean startup Mesh Bio has received undisclosed funding from East Ventures to assist with its regional expansion. The company is currently working on a digital twin solution for managing rising cases of chronic diseases, particularly in Southeast Asia, where 62% of all deaths in the region are due to non-communicable conditions. Mesh...
Person sitting down while looking at an orange and black laptop with a healthcare provider on the screen
By  Jessica Hagen 06:40 pm October 17, 2023
Ventricle Health, a virtual platform focused on cardiac care, secured $8 million in seed funding led by RA Capital Management with participation from Waterline Ventures alongside other investors.  The company offers value-based home and virtual cardiology care in support of Accountable Care Organizations, primary care practices and partners in Florida, Texas, Ohio and the Mid-Atlantic region. ...
Two healthcare providers in scrubs wearing masks while in a dark room looking at a tablet
By  Jessica Hagen 01:27 pm October 17, 2023
Evident Vascular, a company creating AI-enabled intravascular ultrasound technology, announced its launch today with $35 million in Series A financing.  Vensana Capital led the round. WHAT IT DOES The California-based company devised AI-enabled transcatheter intravascular ultrasound technology that captures images inside a patient's blood vessels to evaluate vascular disease and enhance image...
Good Doctor mobile app
By  Adam Ang 01:55 am October 13, 2023
Good Doctor collects $10M for Indonesia expansion Telehealth startup Good Doctor has raised $10 million in a Series A funding round led by MDI Ventures. Existing investor Grab also joined this round.  In a statement, CEO Danu Wicaksana said the fresh funds will be used to develop its enterprise technology platform, as well as new products and services.  The fund will also help in its expansion...
Panelists in the Constellation Forum 2023
By  Nathan Eddy 03:25 pm October 10, 2023
Artificial intelligence could have profound implications for the field of oncology, concluded panelists speaking to journalist and moderator Katie Couric at the Constellation Forum 2023 at Northwell Health last week. Dr. Richard Barakat, physician in chief and executive director of cancer services and research division at Northwell Health, noted that using AI in imaging will help radiologists and...
Two people standing in front of a window shaking hands with six other people watching
By  Jessica Hagen 11:34 am October 10, 2023
Hemant Taneja, CEO and managing director of venture capital firm General Catalyst, and Dr. Marc Harrison, former CEO of Intermountain Health, announced the formation of a new business venture owned by General Catalyst dubbed the Health Assurance Transformation Corporation (HATCo) that will see Harrison as its CEO. The pair also announced the intent to buy a health system that will put technology...
Person standing beside a building in a city looking at their phone
By  Jessica Hagen 05:13 pm October 6, 2023
Mental health platform Headway announced it closed a $125 million Series C funding round led by Spark Capital, boosting its valuation to more than $1 billion. Existing investors a16z, Accel and Thrive participated in the round, as well as new strategic investors led by Health Care Service Corp.  Will Reed, general partner at Spark Capital, will join the company's board of directors.   WHAT THEY...
Pregnant person sitting in a chair looking at a tablet
By  Jessica Hagen 12:49 pm October 6, 2023
Maternity-focused digital health company Diana Health secured $34 million in Series B funding led by Norwest Ventures Partners, bringing its total raise to $46 million.  Existing investors LRVHealth and .406 Ventures participated in the round, as did AlleyCorp.  WHAT IT DOES The New York-based company partners with hospitals and health systems to offer tech-enabled OB-GYN and women's health...
A person following a video stretch routine on their laptop
By  Adam Ang 11:09 pm October 5, 2023
FlexifyMe expanding beyond India with $1M seed funding FlexifyMe, a health tech platform for chronic musculoskeletal pain management, has raised $1 million in a seed funding round led by Flipkart Ventures. This round also drew participation from GSF, iHub Anubhuti, Chandigarh Angels, Venture Catalyst, and OneCapital, among other investors. Launched in 2021, the Indian startup combines traditional...
Three people sitting on a couch with a computer on a coffee table showing a healthcare provider on the screen
By  Jessica Hagen 03:40 pm October 4, 2023
Cortica, a hybrid provider that develops care programs for individuals with autism, announced it closed a $40 million strategic Series D extension, bringing its total Series D raise to $115 million. The round was led by CVS Health Ventures, with participation by Ascension Investment Management, LRVHealth and the University of Wisconsin Foundation.  WHAT IT DOES Cortica offers virtual and in-...