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

Epicore Biosystems Secures Additional $6M for Sweat-Sensing Wearable Expansion

by Fred Pennic 05/01/2025 Leave a Comment

Epicore Biosystems Raises $26M to Advance Sweat-Sensing Wearables

What You Should Know:  - Epicore Biosystems, a leader in digital health solutions specializing in advanced sweat-sensing wearables, today announced an additional $6M in Series B funding.  - The funding brings the company's total Series B raise to $32M and includes backing from a new San Francisco-based investor and notable angel investors, alongside continued support from existing investors Alumni Ventures and Joyance Partners. This follow-on investment builds upon Epicore’s
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Chipiron Secures $17M to Transform MRI Access with Portable Scanner

by Fred Pennic 04/30/2025 Leave a Comment

Chipiron Secures $17M to Transform MRI Access with Portable Scanner

What You Should Know:  - French deeptech startup Chipiron today announced it has raised $17M in a Series A funding round to finalize the development of its compact, affordable MRI system.  - Led by Blast, with participation from the EIC Fund and iXcore, and supported by public funding initiatives including France2030 and the EIC Accelerator, the investment aims to make highly accurate MRI technology accessible worldwide. Tackling MRI Accessibility Challenges Magnetic
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Basil Systems Secures $11.5M to Expand AI-Powered Intelligence Platform for Life Sciences

by Fred Pennic 04/30/2025 Leave a Comment

Basil Systems Secures $11.5M to Expand AI-Powered Intelligence Platform for Life Sciences

What You Should Know:  - Basil Systems, a provider of an AI-powered product lifecycle intelligence platform tailored for the life sciences industry, announced it has raised a total of $11.5M in funding led by Golden Ventures, with participation from Hearst Ventures and Argosy Capital. - The infusion of capital is earmarked for significant expansion efforts, including enhancing its enterprise BasilIntel SaaS platform, deepening product capabilities, and accelerating the adoption of
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Kiwi Launches with $10M to Tackle LATAM Healthcare Financing Gap

by Fred Pennic 04/25/2025 Leave a Comment

Kiwi Launches with $10M to Tackle LATAM Healthcare Financing Gap

What You Should Know:  - Kiwi, a healthcare financial platform, announced its official launch, bolstered by a $10M seed funding round. The $10M seed round comprises $2M in pre-seed equity financing and $8M in debt financing allocated initially for Peru, with a potential extension planned for Mexico. The round saw leadership from key industry figures: Tyler Johnson (CEO at HFD, General Partner at MVRK Capital), Beau Woodward (Director at HFD, General Partner at MVRK Capital and WDC Genesis),
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Femtech: Overture Life Secures $20.6M to Advance IVF Automation

by Jasmine Pennic 04/24/2025 Leave a Comment

Femtech: Overture Life Secures $20.6M to Advance IVF Automation

What You Should Know:  - Overture Life today announced a significant $20.6M strategic funding round, bringing its total capital raised to $57M from leading industry investors.  - Supported by Overwater Ventures, GV (formerly Google Ventures), and Khosla Ventures, the $20.6M strategic round reflects deep investor conviction in Overture’s science-led mission.  - The capital will support additional clinical research and product development, accelerating the refinement and
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Lena Health Raises $2M for AI-Powered Care Coordinator

by Fred Pennic 04/23/2025 Leave a Comment

Lena Health Raises $2M for AI-Powered Care Coordinator

What You Should Know:  - Lena Health, an AI-powered care coordinator raises $2M in seed funding round co-led by Emergent Ventures and Cultivation Capital, the round saw participation from the Texas Medical Center (TMC) Venture Fund and Caravan Health Ventures (CHV).  - The capital is designated for expanding the company's services nationwide, enhancing its capabilities for navigating complex community resource networks, and further augmenting care teams by automating routine, yet
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Biolinq Raises $100M to Expand Biowearable Platform for Metabolic Health

by Fred Pennic 04/22/2025 Leave a Comment

Biolinq Raises $100M to Expand Biowearable Platform for Metabolic Health

What You Should Know:  - Biolinq, a healthcare technology company focused on developing precision multi-analyte biosensors to improve metabolic health raises $100M in Series C financing round led by Alpha Wave Ventures, with participation from several existing investors, including RiverVest Venture Partners, AXA IM Alts, LifeSci Venture Partners, M Ventures, Hikma Ventures, Aphelion Capital, Taisho Pharmaceutical, and Features Capital. - The company will use the funding to support its
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Ascertain Secures $10M to Scale AI-Powered Case Management Solution

by Fred Pennic 04/22/2025 Leave a Comment

Ascertain Secures $10M to Scale AI-Powered Case Management Solution

What You Should Know:  - Ascertain, a healthcare technology company focused on empowering care teams with artificial intelligence (AI) raises $10M in Series A funding round led by Deerfield Management, featuring strategic participation from Northwell Health. - The investment will be used to accelerate Ascertain's growth trajectory and expand access to its innovative AI-powered solutions across the healthcare ecosystem.  - The company aims to enable higher quality patient care,
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PhotoPharmics Secures $6M for Parkinson’s Light Therapy Trial

by Syed Hamza Sohail 04/21/2025 Leave a Comment

PhotoPharmics Secures $6M for Parkinson's Light Therapy Trial

What You Should Know: -  PhotoPharmics, a leader in specialized light therapy for neurodegenerative diseases, today announced the close of its oversubscribed $6 million Series B extension.  -  The round was led by Kickstart Fund with participation from current and new investors, reflecting strong confidence in the company’s clinical promise and the commercial potential of its Parkinson’s therapy. PhotoPharmics Advances Light-Based Therapy for Parkinson’s with Phase 3 Trial and New
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hellocare.ai Raises $47M for AI-Assisted Virtual Care Delivery

by Syed Hamza Sohail 04/18/2025 Leave a Comment

hellocare.ai Raises $47M for AI-Assisted Virtual Care Delivery

What You Should Know: -       hellocare.ai, the leading AI-assisted virtual care delivery platform transforming hospital care models and operations, today announced it has raised $47 million in an oversubscribed funding growth round. -       The round was led by HealthQuest Capital, with participation from a strategic coalition of forward-thinking health systems and digital health investors, including Bon Secours Mercy
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