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

Nurse Capital Invests in Wave Therapeutics & The Nursing Beat

by Jasmine Pennic 11/05/2024 Leave a Comment

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

by Syed Hamza Sohail 11/01/2024 Leave a Comment

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

by Fred Pennic 10/31/2024 Leave a Comment

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

by Fred Pennic 10/31/2024 Leave a Comment

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

by Syed Hamza Sohail 10/31/2024 Leave a Comment

Guardion Secures $6M to Advance Hospital Bed Hygiene 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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Innoventric Secures $28.5M to Expand Transcatheter Tricuspid Valve Treatment

by Syed Hamza Sohail 10/30/2024 Leave a Comment

Innoventric Secures $28.5M to Expand Transcatheter Tricuspid Valve Treatment

What You Should Know: -  Innoventric, a leader in transcatheter tricuspid regurgitation (TR) treatment, today announced a $28.5 million Series B funding round to advance its revolutionary cross-caval technology, bringing the total funds raised since inception to $41 million. -  Innoventric has already successfully completed a first-in-human clinical trial in Europe, and performed many additional implantations -- treating over 40 participants so far. Recently, the company received FDA
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Vara Raises $8.9M to Expand AI-Powered Breast Cancer Screening Globally

by Jasmine Pennic 10/29/2024 Leave a Comment

Vara Raises $8.9M to Expand AI-Powered Breast Cancer Screening Globally

What You Should Know:  - Vara, a Berlin, Germany-based provider of AI-enabled breast cancer detection, has announced the successful closure of a $8.9M (€8M EUR) Series B funding round.  - This investment, co-led by Smart Family Office, FJH, and IBB Ventures, will fuel Vara's continued expansion and its mission to revolutionize breast cancer screening through artificial intelligence. Transforming Breast Cancer Screening with AI Vara's AI-powered software has been shown to
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Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

by Fred Pennic 10/25/2024 Leave a Comment

Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

What You Should Know:  - Osigu, an AI-powered platform for healthcare claims and revenue management in Latin America and the Caribbean, has raised $25 million in Series B funding led by IDC Ventures, with strategic participation from Visa.  - Visa's strategic investment and partnership will drive the development of real-time payment solutions for healthcare providers. Addressing Healthcare Payment Inefficiencies The healthcare sector in Latin America and the Caribbean faces
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General Catalyst Raises $8B w/ $750M for Health Assurance Fund

by Fred Pennic 10/24/2024 Leave a Comment

General Catalyst Raises $8B w/ $750M for Health Assurance Fund

What You Should Know:  - General Catalyst (GC), a global venture capital firm, has announced a significant milestone with the raise of $8B in new capital consisting of $6B for GC’s latest fund - Fund XII - and $2B in separately managed accounts).. - The substantial investment will accelerate GC's mission to advance health assurance and drive transformative innovations across various sectors, including AI, healthcare, and global resilience. $750M Allocated to Health Assurance
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PeopleOne Health Raises $32.3M to Reimagine Value-Based Primary Care

by Fred Pennic 10/24/2024 Leave a Comment

PeopleOne Health Raises $32.3M to Reimagine Value-Based Primary Care

What You Should Know:  - PeopleOne Health, a pioneer in value-based primary care, has secured up to $32.3M in Series B funding led by GV (Google Ventures), with participation from notable investors including healthcare entrepreneur Glen Tullman.  - The funding will accelerate PeopleOne Health's mission to transform primary care by providing a comprehensive, patient-centric, and cost-effective health benefit. Addressing the Healthcare Crisis As healthcare costs continue to
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