Telehealth Companies Raised a Record $5 Billion in the First Half of 2021
Telehealth companies raised a record $5 billion in 1H 2021, a 150% increase year-over-year compared to $2 billion raised in 1H 2020. This was the
Virtual Care Company b.well Connected Health Raises $32 Million in Funding
b.well Connected Health, a consumer-centric on-demand virtual care company, announced it had secured a $32 million Series B financing round. The capital raise was led
Carbon Health Raises $350 Million to Expand Omnichannel Primary Care Nationwide
Virtual care app Carbon Health announced that it had raised $350 million. Carbon Health said the investment enables it to accelerate its expansion further to
Woebot Health Raises $90 Million for Mental Health Support App
Woebot Health, an AI-powered mental health chatbot, closed a $90 million Series B funding round, bringing total investment in the company to $114 million. The
Sweetch Secures $20 Million for Digital Therapeutics App
Sweetch, a startup that uses an artificial intelligence-powered app to help patients manage chronic conditions, announced the completion of a $20 million Series A round
Owlet Baby Care Starts Trading on NYSE After Closing SPAC Deal
Owlet Baby Care, a maker of smart wearable sock that monitors baby’s skin temperature, oxygen levels, and heart rate during sleep and sends relevant data
Quit Genius Raises $64 Million Addictions Treatment App
Quit Genius, a provider of substance addictions program through an app, raised a $64 million Series B funding round co-led by Kinnevik and Atomico, with
Swedish Telehealth Company Doktor.se Raises $35 Million in Funding
Doktor.se, a Swedish telemedicine company, secured €29.5 million (~$35 million) in funding from Tencent. Tencent is investing in Doktor.se as an extension of the earlier
Telstra Health Acquires Majority Stake in PowerHealth
Telstra Health, a digital health arm of Telstra Corporation, announced that it has entered into a deal to buy a majority stake in PowerHealth, a
Corporate Funding into Battery Storage, Smart Grid, and Efficiency Companies Increased to $10.4 Billion in 1H 2021
Total corporate funding (including venture capital funding, public market, and debt financing) for Battery Storage, Smart Grid, and Efficiency companies in 1H 2021 was up