What You Should Know:
- Eyenuk, Inc., a global artificial intelligence (AI) digital health company and the leader in real-world applications for AI Eye Screening™ and AI Predictive Biomarkers™, today announced it has secured $26 million in a Series A financing round, bringing the Company’s total funding to over $43 million.
- The capital raise was led by AXA IM Alts and was joined by new and existing investors including T&W Medical A/S, A&C Foelsgaard Alternativer ApS, Kendall
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Philips Expands ClarifEye AR Surgical Navigation in Japan
What You Should Know:
- Royal Philips, a global leader in health technology, recently announced the expanded rollout of its augmented reality (AR) surgical navigation solution - ClarifEye - to Japan, highlighting positive results in the first patients treated by the International University of Health and Welfare, Mita Hospital using this innovative 3D AR solution.
- Installed on a Philips interventional X-ray system in a hybrid operating room at Mita Hospital, ClarifEye helped the
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Haleon and Microsoft Partner to Help Users Who Are Blind or Low Vision Lead More Independent Lives
What You Should Know:
- Haleon, a global leader in consumer health, and Microsoft Corp. announced a new collaboration to make everyday health more accessible for people who are blind, have low vision or have difficulty reading product labels due to low literacy.
- Together, the companies are expanding functionality in the Microsoft Seeing AI app to provide consumers with more detailed labeling information for over 1,500 Haleon products across the U.S. and U.K. Seeing AI is a free mobile
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Eclipse and Mayo Clinic Create Nucleus RadioPharma for Cancer Patients
What You Should Know:
- Eclipse, a venture capital firm investing in the digital transformation of the world's physical industries, and Mayo Clinic, a leading nonprofit health organization, recently announced the creation and seed funding of Nucleus RadioPharma, a new company built to ensure cancer patients can access potentially life-saving radiopharmaceuticals by developing technologies to modernize the clinical development, manufacturing, and supply chain of these promising new
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Biotech Startup Obatala Sciences Raises $3M for Organ-on-a-Chip for Research
What You Should Know:
- Obatala Sciences, a New Orleans biotechnology company recognized for speeding up therapies for obesity, diabetes, and cancer across diverse populations, recently announced the closing of a $3 million Series A finance round co-led by être Venture Capital and Ochsner Lafayette General Healthcare Innovation Fund II and joined by Benson Capital Partners, Elevate Capital Fund, and The Hackett-Robertson-Tobe Group.
- The funding will be used to further the
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WELL Health Acquires EMR, Billing, Clinical Assets from CloudMD for $5.75M
What You Should Know:
- WELL Health is acquiring CloudMD's Cloud Practice entity which includes OSCAR1 based Juno EMR and ClinicAid billing Software applications as well as three primary care clinics located in the province of British Columbia.
- The combined entities serve more than 2,500 healthcare practitioners across Canada and represent WELL's entrance in the Alberta and Saskatchewan markets for its EMR and billing products.
Leveraging Technology to Empower Healthcare
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ChristianaCare Spins Out New Gene Editing Company, CorriXR Therapeutics
What You Should Know:
- ChristianaCare recently announced it has spun out its first commercial biotechnology private startup company, named CorriXR Therapeutics. The company will use CRISPR gene editing technology to develop new, clinically relevant oncologic therapeutics in areas of unmet medical need, starting with squamous cell carcinoma of the lung. Its close relationship with ChristianaCare and the ChristianaCare Gene Editing Institute uniquely positions it to research and develop
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TytoCare Launches Donation Initiative for Global Communities in Need
What You Should Know:
- TytoCare, the global healthcare industry’s first all-in-one modular device and examination solution for AI-powered, on-demand, remote physical exams, is announcing today the launch of its new giveback initiative, TytoCareS.
- The program will facilitate and supplement device donations from TytoCare and its partners, including health systems and insurers, to provide increased access to clinic-quality care to communities in need.
Enabling Donations of Devices
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NeuroFlow Secures $25M for Behavioral Health Integration Platform
What You Should Know:
- NeuroFlow, the market leader in behavioral health integration technology, has secured $25 million in growth capital, led by SEMCAP Health.
- With SEMCAP Health as a new strategic partner and investor, the company will continue to expand its groundbreaking referral network and deepen its relationships with payors and providers, determined to identify and triage individuals with behavioral health needs across the spectrum of care
Accelerating
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Redesign Health Lays Off 20% of Staff in Restructuring Move
What You Should Know:
- Redesign Health, a company that builds other healthcare startups, laid off 67 employees, or about 20% of its workforce, Fast Company reports. The cuts come roughly a month after Redesign raised $65 million in Series C funding.
- A spokesperson for Redesign confirmed the layoffs, calling the cuts a “restructuring move.” “This move by Redesign was not financially driven—or was something that was related, connected to, or a requirement of the recent round
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