What You Should Know:
- Centivax, a biotech company developing durable, universal vaccines, today announced the close of a $45 million Series A led by Steve Jurvetson’s Future Ventures, with participation from NFX, BOLD Capital, Base4, Kendall Capital Partners, Amplify Bio, and existing investors.
- The new funding will advance Centivax’s lead universal flu vaccine candidate through CMC development and into a Phase I trial within eight months.
Centivax Accelerates Universal Vaccine
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Plexāā Closes $4.5M Extension to Bring Wearable Device for Breast Cancer Surgery to U.S.
What You Should Know:
- Plexāā, a pioneering UK-based MedTech startup behind the award-winning BLOOM⁴³ medical device for breast surgery closes $4.5M funding extension round led by TCP Health Ventures. The extension round includes both existing and new investors, including TCP. Further investment comprises over $1.6M in i4i grant funding from the National Institute for Health and Care Research (NIHR), and $1.3M from Thena Capital, a London-based VC firm backed by the British Business
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Rock Health Report: AI Dominates Digital Health Investment in First Half of 2025
What You Should Know:
- The first half of 2025 saw a modest increase in digital health venture funding, reaching $6.4B across 245 deals for US-based digital health companies, according to Rock Health’s latest report on H1 2025 digital health trends.
- The numbers is up from $6B in H1 2024 and $6.2B in H1 2023, signaling a steady venture market that has found its footing post-pandemic. Q2 alone brought in $3.4B, exceeding the average of $2.6B per quarter since Q1 2023.
AI
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Handspring Secures $12M to Expand Youth Mental Health Virtual Therapy
What You Should Know:
- Handspring, a mental health provider specializing in high-quality virtual therapy for youth, young adults, and their families secures $12M in Series A funding led by Cobalt Ventures, with participation from NextView Ventures, nvp capital, 25madison, Arkitekt Ventures, VamosVentures, Hyde Park Angels (HPA), Cornucopian Capital, and two health plans.
- The financing will accelerate Handspring's mission to redefine youth mental health care by addressing the
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Catalio Capital Management Closes $400M+ Fund IV to Fuel Breakthrough Biomedical Innovation
What You Should Know:
- Catalio Capital Management, LP (“Catalio”), a healthcare investment firm, today announced the successful close of its fourth venture fund, Catalio Nexus Fund IV (“Fund IV”), with over $400M in commitments across the Fund and its related co-investment vehicles.
- Launched in 2020 by Co-Founders George Petrocheilos and Dr. Jacob Vogelstein, Catalio currently manages $2B in assets across its private equity, private credit, and public equities
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LogicFlo AI Secures $2.7M to Optimize Life Sciences with AI Agent Workforce
What You Should Know:
- LogicFlo AI, a pioneering Boston-based startup, today announced it has secured $2.7M in seed funding led by Lightspeed with participation from healthcare and enterprise AI investors.
- The investment will accelerate the deployment of its intelligent agent platform across the pharmaceutical, biotech, and medtech industries. LogicFlo AI aims to free life sciences experts from tedious "busywork" by providing them with AI collaborators for high-stakes,
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Jaan Health Secures $25M for AI-Powered Proactive Care Platform
What You Should Know:
- Jaan Health, the innovator behind the AI-powered proactive care platform Phamily®, today announced it has secured over $25M in funding, including $15M in non-dilutive growth capital from Level Structured Capital.
- The investment will accelerate the company's mission to revolutionize "between-visit care" for millions of patients managing chronic conditions across the United States.
Phamily: Delivering Proactive Care at Population Scale
Phamily, Jaan
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Certify Secures $40M for Healthcare Provider Data Infrastructure
What You Should Know:
- Certify, the provider data intelligence company, today announced a $40 million Series B funding round led by Transformation Capital, with continued backing from General Catalyst and Upfront Ventures and new support from SemperVirens.
- The investment brings Certify's total funding to $69 million and comes amid tremendous momentum for Certify, which has tripled its growth year-over-year.
Certify Redefines Provider Data Infrastructure with AI-Powered, API-Driven
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NPHub Secures $20M to Tackle Nurse Practitioner Shortage and Modernize Clinical Placement
What You Should Know:
- NPHub, the pioneering digital platform connecting nurse practitioner students with essential clinical rotations announced a $20M growth equity investment from leading growth equity firm, Edison Partners.
- The first round of institutional capital will fuel the company's mission to streamline the cumbersome process of clinical and career placement for the nation's rapidly growing population of nurse practitioners.
Addressing a Critical Healthcare
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Abridge Secures $300M to Embed Revenue Cycle Intelligence into Clinical Conversations
What You Should Know:
- Abridge, a generative AI platform for clinical conversations secures $300M in Series E funding led by Andreessen Horowitz (a16z), with participation from Khosla Ventures.
- The new capital will accelerate the company's efforts to transform the way care is delivered, documented, and reimbursed, starting at the point of care.
Tackling Healthcare's Administrative Burden at its Source
Every year, the U.S. healthcare system spends nearly $1.5 trillion
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