What You Should Know:
- Israeli startup Salignostics, the developer and provider of rapid saliva-based tests for early pregnancy detection, as well as COVID-19, cardiac risk, malaria, and other diseases, has closed an $8 million Series A funding round from private investors headed by angel investor Avigdor Orlinsky.
- The company has raised $16M to date to support development, commercialization, and marketing efforts for the tests in Israel and overseas. It will also support the launch of
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9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide
What You Should Know:
- 9am.health, a San Diego, CA-based virtual diabetes clinic that delivers personalized, affordable, and compassionate care directly to consumers raises $16M in Series A funding co-led by 7Wire Ventures and Human Capital and included participation from new investors StartUp Health, Leaps by Bayer, and existing investors Define Ventures and Founders Fund. The latest round brings its total funding to date to nearly $20M.
- Innovative virtual care provider is now
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Ryse Health Raises $3.4M for Tech-Driven Approach to Type 2 Diabetes Care
What You Should Know:
- Ryse Health, a new startup that provides tech-enabled office-based and virtual care to patients with type 2 diabetes raises $3.4M in seed funding led by W Health Ventures, and other investors include LifeBridge Health, CareFirst, and veterans of Cigna, Boston Children’s Hospital, and Blue Shield of California.
- Founded by Erin Kane, MD (co-founder and chief medical officer) and Richard Gurley, MBA (co-founder and chief executive officer), Ryse Health’s technology
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Healthcare’s Data Readiness Crisis: Triage vs. Transformation
What You Should Know:
- Healthcare leaders have high aspirations for digital transformation, but a lack of data readiness threatens their ability to execute, according to a new research conducted by Morning Consult and commissioned by Innovaccer.
- The 35-page report, “Healthcare’s Data Readiness Crisis: Triage vs. Transformation,” reveals that the overwhelming majority of healthcare executives surveyed (95%) are focused on digital transformation, with 61% aiming to have their
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DUOS Secures $15M for Senior Assistance Platform for Older Adults
What You Should Know:
- DUOS, a digital health company on a mission to increase the longevity and independence of older adults, announced today a $15 million Series A funding led by Imaginary Ventures, along with participation from existing investors Forerunner Ventures, Declaration Partners, and new investor Optum Ventures.
- DUOS focuses on members' social needs and maximizes their independence by building long-term, high trust 1:1 relationships, coordinating community resources, and
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Fitbit Receives FDA Clearance for New PPG Algorithm to Identify AFib
What You Should Know:
- Fitbit announced it has received clearance from the FDA for its PPG (photoplethysmography) algorithm to identify atrial fibrillation (AFib), a condition that affects more than 33.5 million people globally.
- The algorithm will soon be available to users in the U.S. through Fitbit’s new Irregular Heart Rhythm Notifications feature on eligible heart-rate tracking devices.
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Vytalize Health Raises $50M for Value-Based Care Platform for Seniors
What You Should Know:
- Vytalize Health raises over $50 million to advance its value-based care platform for seniors helping primary care doctors strengthen relationships with their patients through data-driven, holistic, and personalized care.
- Led by Enhanced Healthcare Partners, the financing round signals an enormous opportunity for Vytalize Health to accelerate the adoption of value-based care programs by providers.
Vytalize Health, a leading value-based care platform for
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Diligent Robotics Secures $30M for Robots to Assist Hospital Staff with Routine Tasks
What You Should Know:
- Diligent Robotics raises over $30M to deploy its collaborative robots to healthcare systems across the nation.
- Company plans to use the funding will accelerate product development to meet the demand for healthcare service robots and enhance interoperability, integrations and efficiency in healthcare institutions.
Diligent Robotics, an Austin, TX-based robotic automation company today announced it has closed over $30 million in Series B funding led by Tiger
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AmerisourceBergen Launches $150M Corporate Venture Fund
What You Should Know:
- AmerisourceBergen, a global healthcare solutions company, announced the establishment of AB Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with emerging healthcare startup companies working to transform healthcare for people and animals globally.
- AB Health Ventures will build on AmerisourceBergen’s ongoing commitment to delivering innovation for its customers.
AB Health Ventures Investment Thesis
AB Health
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PathAI and GlaxoSmithKline Partner to Accelerate Research and Drug Development
What You Should Know:
- PathAI and GSK announced a multi-year strategic artificial intelligence (AI) partnership today with a focus on accelerating research and- building drug development programs in oncology and non-alcoholic steatohepatitis (NASH).
- As part of the partnership, GSK will leverage both PathAI’s expertise and models to advance GSK’s proprietary AI models and focus on designing better models to deliver improved treatment options for patients with cancer
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