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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

Piramidal Secures $6M to Expand Foundational AI Brain Model for Neurologists

by Syed Hamza Sohail 08/21/2024 Leave a Comment

Piramidal Secures $6M to Expand Foundational AI Brain Model for Neurologists

What You Should Know: -  Upstart technology innovator Piramidal has secured $6 million in seed funding to aid its development of a barrier-breaking artificial intelligence (AI) model that will help neurologists assess brainwave data, with the potential to democratize analysis and shorten patient waiting time. -  The seed funding round attracted high-profile investors, including Y Combinator, Adverb Ventures, Lionheart Ventures, and angel investors such as founders of Intercom, Plangrid,
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Clarium Secures $10.5M for AI-Powered Hospital Supply Chain

by Fred Pennic 08/20/2024 Leave a Comment

Clarium Secures $10.5M for AI-Powered Healthcare Supply Chain

What You Should Know:  - Clarium, Inc., a healthcare technology innovator focused on transforming hospital supply chain operations, has secured a $10.5M in strategic financing round led by General Catalyst, with participation from Kaiser Permanente Ventures, Texas Medical Center Venture Fund, Yale New Haven Health, and existing investors.  - With this new funding, Clarium plans to expand its team, deepen partnerships with leading health systems, and continue refining its
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Reliant AI Emerges from Stealth with $11.3M for GenAI Biopharma Data Analysis

by Fred Pennic 08/20/2024 Leave a Comment

Reliant AI Emerges from Stealth with $11.3M for Biopharma Data Analysis

What You Should Know:  - Reliant AI, a provider of generative AI-powered data analytics software, today announced its official launch and a significant $11.3M in seed funding round led by Tola Capital and Inovia Capital, with participation from angel investor Mike Volpi, the investment will fuel the company's growth and expansion. - Founded by a team of leading experts in natural language processing and reinforcement learning with backgrounds at DeepMind, Google Brain, and EY
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Accenture Invests in Earli Inc. for Early Cancer Detection

by Fred Pennic 08/19/2024 Leave a Comment

Accenture Invests in Earli Inc. for Early Cancer Detection

What You Should Know:  - Accenture today announced a strategic investment in Earli Inc., a biotechnology company pioneering a novel approach to early cancer detection.  - Earli’s groundbreaking technology aims to transform cancer diagnosis and treatment by enabling the rapid and accurate identification of cancerous cells. Synthetic Targeting Platform for Early Cancer Detection Earli has developed a synthetic targeting platform that selectively reprograms cancer cells,
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Caresyntax Secures $180M to Advance Precision Surgery Platform

by Fred Pennic 08/16/2024 Leave a Comment

Caresyntax Secures $180M to Advance Precision Surgery Platform

What You Should Know:  - Caresyntax, a leader in vendor-neutral precision surgery platforms raises $180M in funding,  comprised of $80M in equity and up to $100M in growth debt, will fuel the company's continued growth and development of its AI-powered surgical platform. - The funding round was led by a consortium of prominent investors, including Symbiotic Capital, MTIP AG, BIONIQ Capital, and BlackRock Innovation Capital. This significant investment demonstrates the growing
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Photon Raises $9M to Expand Access to Text-Based Prescriptions

by Fred Pennic 08/16/2024 Leave a Comment

Photon Raises $9M to Expand Access to Text-Based Prescriptions

What You Should Know:  - Photon Health, a digital health startup focused on reimagining the prescription experience raises $9M in Series A funding round led by Notation and Flare Capital. The round also saw participation from existing investors and a group of notable angel investors. - Photon has developed a platform that simplifies the prescription process for both patients and providers.  Patient Friendly Pharmacy Experdience By digitizing prescriptions and providing
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HistoSonics Secures $102M to Advance Non-Invasive Liver Tumor Treatment

by Fred Pennic 08/15/2024 Leave a Comment

HistoSonics Raises $102M for Liver Tumor Treatment

What You Should Know:  - HistoSonics, a medical technology company specializing in histotripsy, a non-invasive treatment for liver tumors raises $102M in Series D financing round.  - Led by Alpha Wave Ventures, with participation from new investors Amzak Health and HealthQuest Capital, and existing investors including Johnson & Johnson Innovation – JJDC, Inc., Venture Investors, Lumira Ventures, Yonjin Venture, and the State of Wisconsin Investment Board, the funding will
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Levels Raises $10M to Expand Metabolic Health Platform

by Syed Hamza Sohail 08/14/2024 Leave a Comment

Levels Raises $10M to Expand Metabolic Health Platform

What You Should Know: -Levels, a software company that shows you how food affects your health, today announced a $10 million Series A Extension to bring its mission of solving the metabolic health crisis to an even wider audience. - The round included $3 million in crowdfunding from more than 2,000 investors, as well as investments from Long Journey, a16z, and others. Levels: Advancing Metabolic Health Through Data-Driven Insights More than 128 million Americans are affected by
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Create Health Ventures Launches $21M Fund to Invest in Digital Health Startups

by Fred Pennic 08/12/2024 Leave a Comment

Create Health Ventures Launches $21M Fund to Invest in Digital Health Startups

What You Should Know:  - Create Health Ventures, a venture capital firm dedicated to early-stage digital health startups, announced the closing of its $21M inaugural fund.  - The VC firm will invest in B2B solutions that address critical challenges within the healthcare industry, including improving patient engagement, enhancing care delivery, and optimizing clinical trials. Founding Team Founded by healthcare industry veterans Cartmell and Amit Aysola, Create Health Ventures brings
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Guidehealth Secures $14M for AI-Powered Value-Based Care

by Fred Pennic 08/07/2024 Leave a Comment

Guidehealth Secures $14M for AI-Powered Value-Based Care

What You Should Know:  - Guidehealth, an AI-powered healthcare services provider raises $14M in seed funding led by Memorial Hermann Health System, with participation from healthcare entrepreneur Sidd Pagadipati and other industry leaders. - The funding will accelerate Guidehealth’s mission to improve health outcomes and increase access to care through value-based care (VBC) models. The company’s AI-driven platform and clinical support services help health systems and clinically
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