This morning FundamentalVR, a digital health company that uses virtual reality to help train clinicians, closed a $5.67 million Series A round. Downing Ventures led the round with participation from Tern PLC, Epic Private Equity and Brighteye Ventures. Approximately $600,000 of that funding came in the form of a convertible loan note.
WHAT IS THIS
FundamentalVR’s surgical training platform...
Virtual reality has been on the healthcare scene for quite a few years now, but it’s only within the last half decade or so that the technology has started to resemble an effective medical technology. While its potential use cases are varied to say the least, a couple of standout approaches such as pain distraction therapy now boast a healthy body of data suggesting its prowess under experimental...
Virtual reality pain management company Karuna Labs has raised $3 million in seed funding, the San Francisco startup announced last week. The funding was led by Baseline Ventures, with additional participation from Anorak Ventures, the AET Fund, the Hustle Fund, Correlation Ventures and Dreamit Ventures.
WHAT THEY DO
The company develops personalized VR programs for chronic pain management. The...
Therapeutic virtual reality is not only an effective approach for hospital inpatients experiencing a wide variety of pain, but likely retains its impact when provided over multiple days under real-world circumstances, according to a new Cedars-Sinai clinical study published today in PLoS One.
“There’s been decades of research testing VR in highly controlled environments — university laboratories...
XRHealth, a digital health startup best known for its virtual reality technology, is now opening up its platform to third-party developers, the Boston-based company exclusively announced to MobiHealthNews.
The end goal will be a tool kit for providers, payers and pharmas that will serve as a “one-stop shop” for VR products.
The company, formerly known as VRHealth, is no stranger to developing...
HIV patients demonstrated greater adherence to their antiretroviral therapy (ART) following the use of a low-cost educational VR application, according to a new study published in the Interactive Journal of Medical Research.
Delivered in English and Spanish on a Dell Windows Mixed Reality headset, the seven-minute experience consisted of an interactive look at the cells and pathogens of a virtual...
Industry disruption by digital players is a major threat to the health insurance industry, but insurers themselves seem to be more dazzled by the oncoming glare than galvanised behind comprehensive strategies and best-practice development frameworks for digitising their businesses.
While there is a general cohesion around CRM and the customer experience, the deeper benefits of digitisation –...
From reducing pain in childbirth to helping train new doctors, new uses for virtual reality are sprouting up all over the healthcare industry. Now VR is going to be used to show hospital patients relaxation videos thanks to a new partnership between XRHealth (formerly VRHealth) and Healing Healthcare Systems.
As part of the deal participating hospitals will gain access to XRHealth’s VRHealth...
The Mayo Clinic has entered into a partnership with LA-based medical and surgical streaming service Giblib, the latter announced today. Giblib will digitize and host some of Mayo Clinic’s existing educational videos as well as produce new content on its own platform.
The deal will include both standard video and 360-degree VR videos of Mayo Clinic’s teaching facility. After remastering existing...
Two month after VRHealth unveiled its new virtual reality product aimed at curbing hot flashes, called Luna, the company has exclusively released results of its pilot study to MobiHealthNews. The small study found that breast cancer patients and survivors in the trial reported feeling 50 percent fewer hot flashes and night sweats than at baseline.
The way the product works is that when a patient...
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