Cue Health (Cue), the creator of an app-connected health monitoring device system, raised $100 million in Series C financing to launch its rapid molecular testing
Digital Health Companies in the United States Raised $2.8 Billion During Q1 2020
Digital Health venture funding (VC) funding hit a record high in Q1 2020, with $3.6 billion in 142 deals. The funding amount was distributed across
DNAnexus Raises $100 Million To Expand Its Cloud Genomics Analytics Platform
DNAnexus, cloud-based genome informatics, and data management software platform, closed a $100 million in Series G funding round. Perceptive Advisors and Northpond Ventures co-led the
Telehealth App HealthPlix Raises $6 Million
HealthPlix, an AI-enabled electronic health records-integrated teleconsultation app, raised $6 million in Series B funding. The app enables patients to have a teleconsultation with a
Routinify Raises $1.5 Million to Expand Telehealth Offerings
Routinify, a telecare service provider for seniors, completed a $1.5 million equity investment from Resolute Capital Partners (RCP), a private equity firm. The company plans
Health Assistant App Ubie Raises $18.7 Million in Series B Financing
Ubie, AI-based assistant for triage, pre-diagnosis, and decision-making support, raised $18.7 million in Series B financing from Japanese pharmaceutical distributor Suzuken co. The company also
Over 100 Investors Participate in Telehealth Funding Rounds in Q1 2020
Investor appetite for digital health companies is still strong, despite the coronavirus pandemic. A total of 433 investors funded 145 digital health companies in Q1
Sharecare Acquires Digital Therapeutics Startup MindSciences
Sharecare, a provider of personalized digital health services through its platform, acquired MindSciences, a digital therapeutics provider that helps people reverse unhealthy habits. Founded in
Breast Cancer Screening Startup Vara Healthcare Raises $7.5 Million
Vara, formerly known as Merantix Healthcare, a developer of breast cancer screening software powered by artificial intelligence, raised £6 million (~$7.5 million) in Series A
AI Medical Imaging Technology Company Arterys Raises $28 Million
Cloud-based AI-powered medical imaging platform Arterys raised $28 million in Series C funding round. At the same time, the company received FDA clearance for its