What You Should Know
Boston-based cardiovascular medtech innovator Elucid closed an oversubscribed $55M Series D financing round, bringing its cumulative funding to approximately $185M.The round features participation from a new major, publicly traded medical device company—becoming Elucid’s fourth publicly traded strategic backer—alongside existing investors including IAG Capital Partners and Elevage Medical Technologies (a Patient Square Capital platform).Proceeds will accelerate the
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
N-Power Medicine Closes $32M to Expand Community Oncology Research
What You Should Know
Oncology drug development platform N-Power Medicine closed a $32M Series B financing round to scale its community oncology clinical research network and expand adoption of its Prospective External Control Arms (ProECA) technology.The financing features Labcorp Venture Fund as a new strategic investor, alongside continued participation from Merck Global Health Innovation Fund (Merck GHI), Innovatus Capital Partners, and a leading U.S.-based biotechnology investor.Solves a
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Scan.com Secures $220M to Scale National Diagnostic Imaging API
What You Should Know
Diagnostic medical imaging network Scan.com has closed $220M in combined equity and debt financing, comprising a $90 million Series C equity round and $130M in debt facilities.The equity financing was led by Noteus Partners, with participation from Aviva, Concord Health Partners, YZR Capital, and Oxford Capital; debt facilities to support M&A and working capital were provided by VerisFi Capital and Atempo Growth.Follows a period of rapid growth where Scan.com doubled
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Metriport Raises $26M to Scale Open-Source Point-of-Care Clinical Intelligence
What You Should Know
Open-source healthcare data infrastructure company Metriport secured $26M in new funding led by TJ Parker, General Partner at Matrix, with participation from ARTIS Ventures and Y Combinator, bringing its total capital raised to $28.4M.The platform eliminates point-of-care blind spots and weeks-long manual chart chasing across hospitals, pharmacies, and outpatient clinics by unifying and deduplicating medical records into a standardized, searchable data model. Replaces
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Onos Health Raises $17M to Transform Unstructured Behavioral Clinical Intelligence for Health Plans
What You Should Know
Onos Health, a behavioral health clinical intelligence platform engineered for health plans and payers, secured a $17 million Series A financing round led by Costanoa.The syndicate features strategic investment from CVS Health Ventures alongside continued participation from Flare Capital Partners.Directly targets structural blind spots in behavioral healthcare—a category affecting over 23% of U.S. adults annually and generating more than $140 billion in direct medical
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OmicsBank Secures $2.25M from Redesign Health to Scale Global Multi-Omics Data Infrastructure
What You Should Know
OmicsBank, a clinical data infrastructure company connecting fragmented hospital archives for biopharma and frontier AI developers, raised $2.25M in seed funding from global venture capital and applied technology firm Redesign Health.Founded in 2025 by serial entrepreneurs Sumit Sinha (CEO) and Vijay Goel, the company has deployed its infrastructure inside 90+ hospitals and diagnostic laboratories across South Asia, Southeast Asia, and the Middle East.The data network
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FGV Capital Closes $35M Fund II and Rebrands to Scale Platform-First Venture Model
What You Should Know
FGV Capital (the venture arm of FGV, formerly known as Fiat Ventures) announced the final close of its $35M Fund II (inclusive of co-investment vehicles), oversubscribed from its initial $25M target.Fund II brings the firm’s total assets under management (AUM) to more than $60 million across its early-stage investment platform.Co-founded and led by Marcos Fernandez, Drew Glover, Alex Harris, and Rohit Ramkumar, the firm focuses on early-stage seed and pre-seed rounds at
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Memorial Hermann Makes Strategic Investment in PartsSource to Optimize Medical Equipment Lifecycles
What You Should Know
PartsSource, a clinical technology performance and asset management platform, announced a strategic investment from Memorial Hermann Health System, one of the largest non-profit health systems in Southeast Texas.PartsSource provides an enterprise operating system for Healthcare Technology Management (HTM) that unifies medical equipment parts procurement, maintenance service, contract management, asset intelligence, and clinical engineering workforce capacity.The platform
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Arintra Secures $25M to Scale GenAI Autonomous Medical Coding
What You Should Know
Arintra, an autonomous medical coding startup headquartered in Austin, Texas, with engineering operations in Bengaluru, raised approximately $25 million in a Series B funding round led by Define Ventures.The syndicate includes new strategic backing from Yale New Haven Ventures and Endeavor Ventures, alongside participation from existing investors Y Combinator, Ten13 Capital, Counterpart Ventures, Spider Capital, and Peak XV Partners (which previously led Arintra’s $21
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Vexev Raises $6M to Scale Autonomous Robotic Vascular Ultrasound
What You Should Know
Australian medical robotics and computational imaging startup Vexev raised $6M in new funding, bringing its total capital raised to date to $19M.The capital will support FDA 510(k) regulatory clearance, domestic manufacturing scale-up, and commercial launch in the United States for VxWave, its autonomous robotic tomographic ultrasound platform.VxWave combines precision robotics, artificial intelligence, and proprietary ultrasound signal processing to automate upper-limb
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