Medical imaging company OXOS Medical scored $23 million in Series A funding from Intel Capital and Parkway Venture Capital, bringing its total raise to $45 million.
Gregg Hill, Parkway's cofounder and managing partner, and Eric King, Intel Capital's investment director, will join OXOS' board of directors.
WHAT IT DOES
The Atlanta-based company offers an FDA 510(k)-cleared handheld X-ray system...
Better Therapeutics, a prescription digital therapeutics company, announced a private placement of the company's common stock, which garnered gross proceeds of approximately $6.5 million.
Officers and directors of the company participated in the placement, which is expected to close on or around April 10.
Better Therapeutics was among the many digital health companies that went public by merging...
Femtech company Clue, which offers an app focused on menstrual cycle tracking and reproductive health, raised €7 million ($7.6 million) in funding. The raise was led by existing investors Union Square Ventures and Balderton Capital.
The company also announced it would allow users to become investors in the company via British investment crowdfunding platform Crowdcube. Users who invest could...
Indian medical device startup Dozee has raised $6 million in a Series A2 funding round, which was joined by its existing investors – Prime Venture Partners, 3one4 Capital, YourNest VC – and new investors, including State Bank of India, J&A Partners Family, and Dinesh Mody Ventures.
The company develops contactless remote patient monitoring and AI-based early warning system solutions. Its US...
Digital health startups raised $3.4 billion across 132 deals in the first quarter, according to Rock Health's latest funding report.
Though investment in Q1 surpassed the last two quarters – where companies notched $2.7 billion in Q4 and $2.2 billion in Q3 – the authors noted this probably isn't a return to the booming funding environment seen in 2021 and early 2022.
"Overall, Q1’s mega-deal...
Wellth, a digital health startup that offers small financial rewards for completing health-related tasks, scooped up $20 million in Series B funding.
The round was led by SignalFire, with participation from former Evolent Health CEO Frank Williams and previous investors the Social Entrepreneurs’ Fund, CD Venture, Yabeo and the Partnership Fund for NYC.
WHAT IT DOES
Wellth works with insurers,...
Investments in digital healthcare spiked in 2021, but funding has since dropped dramatically.
Bill Taranto, president of Merck Global Health Innovation Fund, tells MobiHealthNews what interests Merck when it comes to investing in digital health and what health technology companies need to focus on to garner venture capital funds in 2023.
MobiHealthNews: What do you look for in a digital health...
The collapse of Silicon Valley Bank, a firm popular with tech startups and investors, could have lingering effects on the digital health ecosystem as the sector adjusts to a slowing funding environment, said venture capital panelists at ViVE 2023.
Emily Melton, managing partner of Threshold, said institutions like SVB are important to encourage people to take risks on new innovation, a critical...
South Korea clears Coreline Soft's AI brain haemorrhage detection software
An AI-powered brain haemorrhage detection software by medtech company Coreline Soft is now listed as a non-insured medical device in South Korea following its approval from the Ministry of Food and Drug Safety.
The software product called AVIEW Neuro CAD automatically detects cerebral haemorrhages in brain CT scans and...
New York-based health technology company Florence, which focuses on clinical capacity management, has launched with $20 million seed funding.
GV (Google Ventures), Thrive Capital and Salesforce Ventures led the round, with participation from Atento Capital, BoxGroup and Vast Ventures.
WHAT IT DOES
Florence's platform allows patients to track their healthcare journey using a smartphone. They can...
_1.jpg?itok=jNL1Symd "Bill Taranto, president of Merck Global Health Innovation Fund")
