What You Should Know:
- HGM Limited, a global technology-driven enterprise focused on building AI-driven healthcare services, has announced that its wholly-owned U.S. subsidiary, Healthcare Capital Holdings LLC (HCH), has entered into a definitive agreement to acquire Aidéo Technologies LLC.
- HGM Limited, through its U.S. subsidiary, will acquire 100% of Aidéo Technologies LLC through an equity transaction. The acquisition is expected to close in August, subject to customary
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Twin Health Secures $53M to Accelerate AI Digital Twin for Metabolic Health
What You Should Know:
- Twin Health, a company focused on using AI digital twin technology for metabolic health, has announced a $53M investment led by Maj Invest of Denmark.
- The new funding will be used to accelerate the company’s expansion among health plans and Fortune 500 clients in retail, healthcare, financial services, technology, and manufacturing.
A Smarter Path to Metabolic Health
Twin Health's approach challenges traditional metabolic health solutions
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Wellth Secures $36M to Expand AI-Powered Behavior Change Platform
What You Should Know:
- Wellth, a digital health company specializing in combining daily motivation with behavior change strategies secures $36M in Series C financing led by Mercato Partners, with participation from FCA Venture Partners, Comcast Ventures, and existing investors.
- The funding will be used to expand access to the Wellth app across Medicare Advantage, Medicaid, D-SNP, and other high-need populations. The company will also use the funds to accelerate product innovation
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Method AI Raises $20M to Pioneer AI-Powered Surgical Navigation for Oncology
What You Should Know:
- Method AI, a medical technology company focused on improving oncology outcomes secures $20M in Series A funding led by a private family office, with participation from Cleveland Clinic and JobsOhio Growth Capital Fund.
- The funds will be used to support the continued development of the company’s novel surgical ultrasound platform.
Optimizing Surgical Visualization
Method AI was founded in 2021 as a spin-off from Cleveland Clinic to solve surgical
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Abridge Outlines Approach to Eliminating AI Hallucinations in Clinical Notes
What You Should Know:
- Abridge, a clinical documentation platform, has released a new research paper titled "The Science of Confabulation Elimination".
- The white paper details the company's approach to classifying, detecting, and eliminating hallucinations—or unsupported claims—in AI-generated clinical notes before they are sent to clinicians for review. This initiative aims to set a new industry standard for transparency and trust in AI technology.
Critical Issue of AI
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Ginkgo, Tangible & Inductive Bio Launch AI-Powered Lab-in-the-Loop Drug Discovery
What You Should Know:
- Ginkgo Bioworks has announced a new strategic partnership with Inductive Bio and Tangible Scientific to make AI-driven "lab-in-the-loop" drug discovery more accessible to the industry.
- The collaboration combines high-throughput experimental workflows, streamlined compound management, and predictive chemistry AI models into one seamless, integrated service. This is designed to help scientists discover better drugs with fewer resources by delivering
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Reveleer Report Reveals Technology Gaps Hindering Value-Based Care Transformation
What You Should Know:
- Reveleer, in partnership with Mathematica and The Harris Poll, has released the 2025 State of Technology in Value-Based Care (VBC) Report. The report's findings come at a pivotal time, highlighting that while payer and provider alignment on VBC goals is stronger than ever, persistent gaps in technology and execution are stalling progress.
- The report is based on a national survey of 203 payer and provider decision-makers conducted from May 27 to June 10,
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EliseAI Raises $250M to Expand AI Automation in Healthcare
What You Should Know:
- EliseAI, an AI company focused on automating complex healthcare and housing systems secures $250M Series E funding round led by Andreessen Horowitz (a16z), with participation from new investor Bessemer Venture Partners and existing investors Sapphire Ventures and Navitas Capital.
- The new funding will enable EliseAI to rapidly expand its team to accelerate product innovation, improve patient experiences, streamline operations, and advance its AI-driven
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Cascala Health Secures $8.6M for AI-Enabled Clinical Intelligence Platform for Post-Acute Care
What You Should Know:
- Cascala Health, a healthcare technology company based in Boston secures $8.6M in seed financing co-led by Flare Capital Partners and Eniac Ventures, with additional backing from Omega Healthcare Investors, Ziegler Link-age Fund, Tau Ventures, and Digital Health Venture Partners. This brings the company's total funding to $11.23M since its launch in mid-2024.
- The new capital will be used to accelerate product development, expand the company’s clinical
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Non-Invasive URIS® Device from Stimvia Delivers Promising Results for Parkinson’s Symptoms
What You Should Know:
- Stimvia, a Czech medtech company, has successfully completed a clinical study on its URIS® device for the treatment of Parkinson’s disease symptoms.
- The study, which was published in the medical journal Clinical Parkinsonism & Related Disorders, confirms the safety of the non-invasive treatment and indicates a positive impact on both symptom relief and patients’ quality of life.
Impact of Parkinson's Disease
Parkinson's disease, the second
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