AI-enabled surgical technology company Proprio announced it secured $43 million in Series B funding from new and existing investors, including Bird B.
WHAT IT DOES
The Seattle-based company offers an FDA-cleared surgical navigation platform dubbed Paradigm, which utilizes light field technology and artificial intelligence to generate 3D visualization of surgery, allowing for intraoperative scans...
The Google Pixel Watch, announced in March, included the addition of fall detection capabilities, which uses sensors to determine if a user has taken a hard fall and then subsequently alerts emergency services upon being prompted by the user or when no response from the user is received.
In part two of our two-part series, Edward Shi, product manager on the personal safety team of Android and...
Teletherapy company Talkspace saw its stock price rise after reporting second-quarter revenue of $35.6 million, a 19% increase over the prior year period, driven by an 82% increase in B2B revenue year-over-year and partially offset by a 41% consumer revenue decline.
The New York-based company's net loss was substantially lower in the second quarter at $4.7 million than its $23 million loss in Q2...
Healthcare insurer Blue Shield of California announced a multi-year cloud development plan with tech giant Microsoft to offer its members an integrated data hub, dubbed the Experience Cube, that runs on Microsoft's Azure cloud platform.
The Experience Cube will utilize Azure's analytics and storage capabilities to tie together near real-time member, provider and payer data, aiming to create more...
Octave Bioscience, a company focused on delivering precision medicine for neurodegenerative diseases like multiple sclerosis, announced it closed a $30 million extension to its Series B round.
Hikma Pharmaceuticals' venture capital arm, Hikma Ventures, participated in the round alongside Novartis (dRx Capital) and Intermountain Ventures. Existing investors Echo Health Ventures, Deerfield...
Teladoc Health stock rose Tuesday after the virtual care company reported a 10% increase in revenue year-over-year to $652.4 million from $592.4 million in the prior year.
For Teladoc Health's Integrated Care segment, revenue increased 5% year-over-year to $360.1 million, and for BetterHelp it increased 18% to $292.4 million in Q2 2023.
Revenue in the U.S. rose 8% to $561.8 million, while...
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, added $15 million in funding to its seed round, bringing its total raise to $65 million since its launch in May.
The California-based company also announced its Founding Partner Program. It is partnering with healthcare systems and digital health companies to guide the development of its...
GE HealthCare, which officially spun off early this year, announced it is raising its full-year guidance range amid increased demand and ease of supply chain woes.
The company reported $418 million in net income in the second quarter compared with $485 million in the prior-year period and revenue of $4.8 billion, a growth of 7% year-over-year and a 9% organic revenue growth.
The health tech...
AI-backed remote monitoring and digital therapeutics company Biofourmis confirmed it laid off 120 employees worldwide, including 48 workers in the U.S.
The Boston-based company offers home care tools to help remotely monitor acute and post-acute patients, then alter a care team when a patient's condition changes from their personal baseline.
It also offers digital therapies, including a heart-...
Tech giant Google announced in March that it added fall detection capabilities to its Pixel Watch, which uses sensors to determine if a user has taken a hard fall.
If the watch doesn't sense a user's movement for around 30 seconds, it vibrates, sounds an alarm and displays prompts for a user to select if they're okay or need assistance. The watch notifies emergency services if no response is...
