What You Should Know
Axoft has raised an oversubscribed $55M Series A led by C.P. Group Innovation, bringing its total funding to over $60M.The capital will be used to expand global clinical trials, progress U.S. regulatory approval for its implantable Brain-Computer Interfaces (iBCIs), and build a GMP manufacturing facility in Cambridge, MA.Axoft’s iBCIs utilize a proprietary material called Fleuron™, which is 10,000x softer than traditional polyimide, significantly reducing tissue scarring
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Photon Raises $16M to Modernize AI-Native Prescription Infrastructure
What You Should Know
Photon has secured $16 million in Series A funding led by Healthier Capital, with participation from Notation, Flare Capital, and Evidenced.The platform addresses the "information vacuum" of traditional e-prescribing, where patients choose pharmacies without knowing price, inventory, or convenience.Photon utilizes artificial intelligence as an engine to process complex, fragmented data across pharmacy networks and formularies in real time.The platform serves as an
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Greatly Health Secures $4M to Scale MSK-Validated Integrative Oncology Platform
What You Should Know
Greatly Health raised a $4 million seed round co-led by Pear VC and Commonweal Ventures to bring integrative oncology to a broader patient population.The company's virtual model was originally developed and validated at Memorial Sloan Kettering Cancer Center (MSK).In clinical trials, the program demonstrated a 16% absolute improvement in overall survival at two years and a 69% reduction in hospitalizations.The platform provides live, expert-led group sessions in exercise,
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Aidoc Secures $150M to Accelerate Enterprise-Scale Clinical AI Across 2,000 Hospitals
What You Should Know
Aidoc has raised $150M in Series E funding, led by Growth Equity at Goldman Sachs Alternatives, bringing its total funding to over $500M. The round included participation from General Catalyst, SoftBank Investment Advisors, and NVentures (NVIDIA's venture capital arm).Capital will be used to further develop Aidoc's CARE™ clinical foundation model and its aiOS™ enterprise platform.The company currently analyzes more than 60 million patient cases annually and is deployed
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Koda Health Secures Investment from UPMC Enterprises for AI-Enhanced Advance Care Planning Platform
What You Should Know
The Investment: Koda Health secured a Series A strategic investment from UPMC Enterprises to aggressively scale its AI-enhanced Advance Care Planning (ACP) platform across complex patient populations.The Financial Toll: The American healthcare system currently spends an estimated $200 billion annually on care that patients would not have wanted had they been engaged in care planning earlier in their journey.The Technology Engine: The platform navigates patients through
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Accenture Ventures Invests in Iridius to Scale Compliant-by-Design AI for Life Sciences and Pharmaceuticals
What You Should Know
Accenture Ventures has made a strategic investment in Iridius, an enterprise AI infrastructure company specializing in compliant-by-design solutions for highly regulated industries.The partnership will build end-to-end compliance workflows across the life sciences value chain, covering regulatory submissions, pharmacovigilance, and clinical operations.Iridius technology uses a knowledge engine to translate complex global regulatory standards into machine-readable logic,
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Almanac Health Launches with $10M to Scale Research-Validated Clinical AI for Point-of-Care Support
What You Should Know
Almanac Health has raised $10M in a seed round led by F-Prime, with participation from General Catalyst and Lightspeed Venture Partners, bringing total funding to nearly $12M.The platform was founded by Cyril Zakka, MD, a physician-researcher at Stanford who developed the first retrieval-augmented generation (RAG) system for clinical medicine.Unlike many "black box" solutions, Almanac is grounded in peer-reviewed evidence and is currently undergoing rigorous clinical
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Backed by Redesign Health, Gravity Rail Launches with $2.75M to Provide No-Code AI Operating System for Healthcare
What You Should Know
Gravity Rail has officially launched with a $2.75M seed investment led by Redesign Health.The platform functions as a model-agnostic operating system, allowing healthcare teams to build and manage AI engagement workflows across voice, SMS, email, and web without writing code.Unlike outsourced "black box" solutions, Gravity Rail enables operations teams to translate Standard Operating Procedures (SOPs) into live AI infrastructure using natural language.Early deployments
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Zócalo Health Raises $15M to Expand Community-Based Primary Care and Medicaid Partnerships
What You Should Know
Zócalo Health has closed a $15 million Series A funding round led by EO Ventures, bringing its total capital raised to $22.75M.The company specializes in serving high-need members with complex medical, behavioral, and social needs, a segment that drives a disproportionate share of total healthcare costs.Its "promotoras de salud" (community health workers) model achieved 4x year-over-year revenue growth and expanded from two health plan partnerships in 2024 to more than a
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Courier Health Raises $50M to Solve Biopharma’s Data Fragmentation
The Biopharma Bottleneck: Why Courier Health Raised $50M to Fix Fragmented Patient Journeys
What You Should Know
The Funding: New York-based Courier Health has closed a $50 million Series B funding round led by Oak HC/FT, with participation from existing investors Norwest and Work-Bench.The Clinical Disconnect: Despite massive clinical innovation in life sciences, getting patients prescribed to actually start and stay on their medications is a logistical nightmare. According to the 2026
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