California-based AI drug discovery startup Genesis announced it scored a whopping $200 million in an oversubscribed Series B funding round, bringing its total raise to $280 million.
The company also announced that approximately $24 million of SAFE notes from a prior funding round were converted amid the closing of the Series B round.
Andreessen Horowitz and a "U.S.-based life sciences-focused...
Viome Life Sciences announced it closed a $86.5 million oversubscribed Series C funding round, bringing its total raise to $175 million.
Bold Capital and Khosla Ventures participated in the round alongside existing and new investors.
The company also announced the launch of its Gut Intelligence Test in 200 CVS locations.
WHAT IT DOES
The company offers a total body intelligence test for users...
New Parkinson's app uses metronome beats to train gait
A new mobile app for people with Parkinson's Disease helps them walk better using metronome beats.
The gait re-training tool, developed as part of a larger clinical trial for PD research, delivers rhythmic metronomic beats that trigger movement.
Now developed separately as an app called Walking Tall, it now features training sessions on...
TikTok joins youth mental health campaign in Korea
Social media platform TikTok in South Korea, together with the non-profit organisation Mental Health Korea, has tied up with the National Center for Mental Health to promote the mental well-being of young people.
Based on their memorandum of understanding, the organisations aim to improve youth mental health through the dissemination of correct...
California-based Mendaera, a healthcare robotics company, announced that it had secured $24 million in Series A funding, led by Lux Capital.
Operator Partners, Founders Fund and Allen & Company participated in the round, alongside investors Auris Health founder Dr. Fred Moll, Intuitive Surgical and former U.S. Senator Bob Kerrey.
WHAT IT DOES
Mendaera completed the research and design...
Baby tech company Owlet reported a drop in revenue to $13.1 million in the second quarter of 2023, compared to $18.3 million for the same period last year. It also reached a milestone, garnering FDA clearance in June for BabySat, its medical pulse oximetry wire-free sock for infants.
The company reported a net loss of $8.5 million in Q2 2023, compared to $11.7 million in Q2 2022, and an...
Daybreak Health, a digital mental health company for children and teens focused on schools, has raised $13 million in Series B funding led by Union Square Ventures, bringing its total raise to $25 million.
Existing investors Maven Ventures, Lightspeed Venture Partners and Y Combinator participated in the round alongside new investor Lux Capital.
WHAT THEY DO
Daybreak partners with schools and...
Chicago-based early-stage venture capital firm Distributed Ventures, born out of NFP Ventures, announced it had closed $100 million in total commitments last month, which it plans to use to invest in insurtech, fintech and digital health.
Shawn Ellis, managing partner at Distributed Ventures, joined MobiHealthNews to discuss how the company is uniquely positioned to cultivate growth in the...
Virtual primary care company TytoCare announced it garnered an additional $49 million in growth funding.
Existing investor Insight Partners led the round, with participation from new investors MemorialCare, Clal and Healthcare of Ontario Pension Plan.
WHAT IT DOES
The Israeli health tech company provides virtual care via its AI-enabled TytoCare Home Smart Clinic, which allows clinicians to...
FeelBetter, a machine learning-enabled medication-management platform focused on polypharmacy, announced it secured $5.9 million in funding led by Firstime Ventures and Shoni Health Ventures.
Random Forest VC, The Group Ventures, and existing FeelBetter investor Triventures also participated in the round.
The latest round brings the company's total raise to $8 million.
WHAT IT DOES
FeelBetter...
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