Investing

Healthcare provider wearing a lab coat and a stethoscope around their neck while sitting at a desk looking at a computer
By  Jessica Hagen 11:39 am September 18, 2023
Virtual specialty care platform Summus announced it secured $19.5 million in funding, bringing its total raise to $70 million.  Summus offers employers, health plans, hospitals and health systems, and medical groups and networks a virtual care platform focused on specialty care, including peer-to-peer solutions that allow primary care and in-plan specialist providers access to a specialist...
AWAK Technologies digital health monitoring platform
By  Adam Ang 10:24 pm September 14, 2023
AWAK bags $20M in Series B funding Despite a challenging market condition, Singapore-based medtech AWAK Technologies has raised more than $20 million in a Series B funding round – one of the biggest funding raises in Southeast Asia this year. The round was co-led by Lion X Ventures and Vickers Venture Partners.  AWAK is developing a portable peritoneal dialysis device that allows users to undergo...
An elderly patient talking to a doctor who is holding a tablet
By  Adam Ang 04:06 am September 14, 2023
A research project led by researchers from the University of Melbourne will be receiving A$2 million ($1.3 million) in funding and support from Google.org. The MATCH (Music Attuned Technology - Care via eHealth) project is one of the 15 projects selected for the $25 million AI for the Global Goals grant, which seeks to help organisations accelerate progress towards meeting the United Nation's...
Computerized image of an artificial intelligence robot with a data panel in the background
By  Jessica Hagen 12:08 pm September 11, 2023
Tel Aviv-based AI-enabled computational protein engineering platform Scala Biodesign announced its launch today with $5.5 million in seed funding. The round was led by TLV Partners, an Israeli venture capital firm that invests in early-stage startups.  WHAT IT DOES Scala's computational method utilizes AI, physics-based modeling and biological data analysis to engineer and improve proteins for...
A doctor in a phone call consultation with a patient
By  Adam Ang 03:41 am September 8, 2023
Lissun scores $1.3 million seed funding Lissun, a mental health platform from India, has collected $1.3 million in seed funding from a round led by Inflection Point Ventures and Rainmatter Capital.  The startup aims to tackle the stigma around mental health by offering consumer-facing solutions through healthcare institutions in a B2H2C model. According to a press statement, Lissun plans to use...
MrMed logo
By  Adam Ang 11:23 pm August 31, 2023
E-pharmacy MrMed scores half mil for expansion Online pharmacy MrMed has raised $500,000 from a funding round led by the Tamil Nadu Emerging Sector Seed Fund. According to a news report, the company will use its fresh funds to expand its team and reach out to more customers.  Launched in 2021, the pharmacy startup offers specialty medicines for cancer, heart disorders, and other critical health...
Healthcare providers in lab coats wearing a mask and stethoscope and looking at a screen
By  Jessica Hagen 01:53 pm August 31, 2023
AI-enabled clinical trial design company QuantHealth announced it scored $15 million in a Series A funding round co-led by Pitango HealthTech and Bertelsmann Investments, bringing its total raise to $20 million.  The company, which recently expanded into the U.S. market, offers its AI-powered Clinical-Simulator, which predicts an individual's response to treatment during a clinical trial in order...
Person sitting on a couch looking away from the camera while holding a wooden cane
By  Jessica Hagen 12:24 pm August 30, 2023
Senior-focused technology company Intuition Robotics, which offers an AI-powered care companion robot for seniors experiencing loneliness, announced it closed a $25 million funding round, which includes $20 million in venture capital and $5 million in debt.  The round was led by Woven Capital, the growth fund of Toyota, with participation from OurCrowd, Toyota Ventures, Western Technology...
Four people standing in a room next to a large glass window with two of them shaking hands and the other two watching
By  Jessica Hagen 01:46 pm August 24, 2023
Questa Capital Management, a healthcare-focused venture firm, announced it closed a $397 million venture growth equity fund dubbed Questa Capital III, bringing its total raise to over $1 billion.  Commitments came from blue-chip investors, including endowments, foundations, family offices, pension plans, fund-of-funds and consultants.  WHAT IT DOES The company's current portfolio includes: in-...
Person sitting on the floor holding another person in their hands while wearing a head scarf
By  Jessica Hagen 11:24 am August 23, 2023
Value-based cancer care platform Thyme Care announced it secured $60 million in Series B funding co-led by Foresite Capital and Town Hall Ventures, bringing its total raise to over $80 million.  Current investors Andreessen Horowitz BIO + Health, Casdin Capital, Frist Cressey Ventures and AlleyCorp participated in the round.  Town Hall Ventures' cofounder and general partner David Whelan will...