What You Should Know:
- Medeloop, a pioneering medical research platform, has secured $15.5M in Series A funding to further its mission of revolutionizing medical research through artificial intelligence (AI).
- The funding round was led by Inovia Capital, with participation from Icon Ventures and support from existing investors General Catalyst and Maven Ventures.
AI-Powered Platform Streamlines Research
Founded by AI experts at Stanford, Medeloop partners with
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Bluespine Raises $7.2M to Combat Medical Overbilling with AI
What You Should Know:
- Bluespine, an AI-driven claims cost reduction platform for self-insured employers, has secured $7.2M in seed funding to address the pervasive issue of medical overbilling in the US healthcare system led by Team8.
- The seed funding will accelerate Bluespine's adoption by US employers and brokers, as well as support further research and development.
Tackling the Healthcare Cost Crisis
Bluespine was co-founded by a team of technology experts with deep
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NEC X Invests in GPx to Advance AI-Driven Chronic Disease Monitoring
What You Should Know:
- NEC X, the Silicon Valley venture studio backed by NEC’s portfolio of advanced technologies and global businesses, today announced a new investment in General Prognostics Inc.
- (GPx), a fast-growing MedTech startup revolutionizing chronic disease monitoring and management.
NEC X Invests in GPx to Advance Remote Blood Monitoring Solution for Heart Failure Patients
NEC X has invested in GPx as part of its strategic effort to foster healthcare innovation and
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Fort Health Secures $5.5M to Expand Pediatric Mental Healthcare in Texas and Illinois
What You Should Know:
- Fort Health, a leader in integrated behavioral health, today announced that it has raised $5.5 million to expand mental health care into more pediatricians’ offices. The funding round was led by Twelve Below and Vanterra bringing the total amount raised to $16M.
- Since launching, Fort Health has
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PrognomiQ Raises $34M to Advance Multi-Omics Early Detection Test for Lung Cancer
What You Should Know:
- PrognomiQ, a healthcare company pioneering multi-omics approaches to disease detection, has secured $34M in Series D funding led by Seer, Inc., with participation from a new strategic investor and existing investors including Catalio Capital Management, aMoon, Invus and Bruker.
- The funding brings PrognomiQ’s total funding to more than $135M and will accelerate the development of PrognomiQ's early detection test for lung cancer.
Enhancing Lung
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Nurse Capital Invests in Wave Therapeutics & The Nursing Beat
What You Should Know:
- Nurse Capital, a venture capital firm dedicated to supporting nurse-led healthcare innovation, has announced its first seed-round investments in two promising startups: Wave Therapeutics and The Nursing Beat. These investments highlight the growing influence of nurses in shaping the future of healthcare.
- Nurse Capital is a women-founded and managed venture capital fund that invests in nurse-led startups with high growth potential. The firm's focus on supporting
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AI-Powered Surgical Platform Definition Health Secures $7.5M
What You Should Know:
- Definition Health, a UK-based, clinician-led HealthTech innovator, has secured £5.75 million ($7.5 million USD) in pre-seed funding for surgical care with innovative predictive AI. This funding will further fuel the enhancement of its platform, designed to seamlessly integrate into healthcare systems, transforming surgical workflows.
- By delivering personalized, data-driven care, Definition Health’s platform improves surgical efficiency, reduces complications, and
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Starget Pharma Secures $5.1M for AI-Powered Targeted Radiotherapy for Cancer
What You Should Know:
- Starget Pharma, an innovative startup specializing in precision cancer diagnostics and targeted radiotherapy, has secured $5.1M in funding from Cancer Focus, a fund established in collaboration with the renowned MD Anderson Cancer Center.
- The investment will support Starget Pharma's upcoming clinical trial for treating advanced metastatic cancers, including sarcomas, neuroendocrine tumors, melanoma, and liver cancer.
Revolutionizing Cancer Treatment
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Accenture Invests in 1910 Genetics to Accelerate AI-Powered Drug Discovery
What You Should Know:
- Accenture has made a strategic investment, through Accenture Ventures, in 1910 Genetics, a biotechnology company revolutionizing drug discovery with its AI-powered platform. Terms of the investment were not disclosed.
- The strategic collaboration will combine Accenture's expertise in scaling AI solutions with 1910 Genetics' innovative technology to help biopharmaceutical companies accelerate drug development, reduce costs, and deliver more effective therapies
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Guardion Secures $6M to Advance Hospital Bed Hygeine and Patient Safety
What You Should Know:
- Trinity Guardion, a leader in hospital bed hygiene solutions, has successfully raised $6 million, including $3.5 million in a Series B funding round.
- This investment will accelerate the production and commercialization of the innovative Soteria® Bed Barrier System.
Trinity Guardion’s Soteria Bed Barrier: Advancing Infection Control in Hospital Environments
Founded in 2010 and headquartered in Batesville, Indiana, Trinity Guardion specializes in FDA-cleared,
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