Justpoint, a developer of proprietary machine learning algorithms for analyzing individual medical malpractice claims, raised $1 million in Seed funding. The round was led by
Top Funded Digital Health Companies in the First Half of 2020
Despite widespread COVID-19 pandemic, digital health companies worldwide raised a record of $6.3 billion in the first half (1H) of 2020. Eighty percent of the
GEN inCode Raises $4 Million for Cardiovascular Disease Platform
GEN inCode, a developer of AI products and algorithms to assess cardiovascular disease, raised £3 million (~$4 million) in institutional funding to scale its products
SeamlessMD Raises $4 Million to Expand Digital Patient Engagement Platform
SeamlessMD, a digital patient engagement and monitoring platform raised $4 million in a Series A financing round. The funding round was led by MedTeq+, with
Movano Raises $2.5 Million For Wearable Glucose Monitor
Movano, a maker smartwatch-like wearable that uses radiofrequency technology to measure blood glucose, raised an additional $2.5 million in Series A funding round. The wearable
80% of Digital Health Funding Was Raised by US Companies in the First Half of 2020
The digital health funding amount was distributed across 27 countries during 1H 2020, according to Mercom 1H 2020 Digital Health Funding Report. A total of
Cervical Cancer Screening Tool Maker MobileODT Raises $4 Million
MobileODT, a provider of an AI-powered smart cervical cancer screening device – Colposcope, raised $4 million Series C funding round. With the latest round, the
83 Digital Health Companies Were Acquired in the First Half of 2020
Mergers and acquisitions (M&A) continue to be the most popular source of exit for digital health investors and companies. Eighty-three digital health companies were acquired
Twenty-eight Digital Health Products Received FDA/CE Approvals in 1H 2020
Twenty-eight digital health products received FDA/CE approvals in 1H 2020, compared to thirty-two in 1H 2019, according to Mercom’s Digital Health Q2 and 1H 2020
Top 5 VC Funded Digital Health Categories in 1H 2020
Digital health investment activity was robust during the first half of the (1H 2020), despite COVID-19 crisis. The first half of 2020 shattered all previous