What You Should Know:
- Adonis, a healthcare revenue intelligence and automation company raises $31M in Series B funding led by Point72 Private Investments, bringing Adonis’ total funding to $54M.
- With this new funding, Adonis plans to accelerate product innovation, expand its reach within health systems, and grow its team based in New York City. This latest investment round follows a successful Series A round of $17.3M led by General Catalyst just twelve months ago.
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Merck Global Health Innovation Fund Invests in Qure.ai to Expand Lung Cancer Detection
What You Should Know:
- Merck Global Health Innovation Fund (MGHIF), a leader in healthcare impact investing, announced a strategic investment in Qure.ai, a prominent developer of artificial intelligence (AI) solutions for medical imaging.
- The strategic investment fuels Qure.ai's Series D funding round and propels their mission of expanding access to AI-powered imaging technology globally.
Expanding Reach and Capabilities
The funding will be directed towards two key
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INVI Mindhealth Closes $1.5M for Digital Mental Health Solutions
What You Should Know:
- INVI MindHealth, a leading mental health technology company raises $1.5M in Series Seed funding round. This investment will fuel advancements in their mobile application, focusing on user experience and integrating expert content on various mental health topics and solutions.
- Additionally, funds will be allocated to developing "Overwatch," a robust dashboard tool designed to empower team leaders in monitoring and supporting their members'
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Zing Coach Raises $10M to Expand AI-Powered Fitness Coach
What You Should Know:
- Zing Coach, a health-tech leader backed by Palta, has secured $10M in Series A funding led by Zubr Capital and Triple Point Capital.
- The secured funding will empower Zing Coach to expand its development team and bolster marketing efforts to reach new international markets. Additionally, the company will further refine its AI Coach technology.
- Currently, in beta testing, the AI Coach will be available to all Zing Coach users this fall.
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Modern Medical Supplier Better Health Secures $14M for Peer-to-Peer Support Model
What You Should Know:
- Better Health, a medical supply and support provider built on peer-to-peer connection, announces $14 million in strategic funding, which includes investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth - University of Miami Health System, and Mosaic General Partnership.
- This
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Foresite Capital Closes $900M Fund Targeting Precision Medicine & Innovation
What You Should Know:
- Foresite Capital, a San Francisco, CA-based healthcare and life sciences investment firm, announced today the successful closing of its sixth fund with a significant $900M in capital commitments. This new fund fuels Foresite's mission to invest in groundbreaking technologies across the healthcare spectrum.
- Fund VI attracted a diverse group of limited partners, including university endowments, charitable foundations, medical institutions, pension funds,
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AlidaBio Secures $7.5M to Optimize Epitranscriptomic Research
What You Should Know:
- Alida Biosciences (AlidaBio), an innovator in epigenomic research tools, proudly announces the successful completion of a $7.5 million Series A funding round. This funding, led by Genoa Ventures with participation from FusionX Ventures and Vertical Venture Partners, is complemented by two ongoing SBIR grants totaling $4 million from The National Human Genome Research Institute
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DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health
What You Should Know:
- DexCare, Inc., a provider of care orchestration platforms for health systems, announced today the addition of three strategic investors: Community Health Network, Tampa General Hospital, and Texas Health Resources.
- These new partners join DexCare's impressive roster of existing health system investors, including Providence, Kaiser Permanente, and Mass-General Brigham.
Industry Backing Fuels Growth
This strategic investment, led by ICONIQ Growth
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Omniscient Secures Series C Funding to Expand AI-Powered Brain Mapping
What You Should Know:
- Omniscient (o8t®), a Sydney, Australia-based global leader in applying AI to unlock the secrets of the human brain, announced today the successful conclusion of its Series C funding round. This round brings the company's total capital raised to US$60M , marking a significant milestone in its growth trajectory.
- The funding round highlights the confidence of prominent Australian investors, including Will Vicars and Gina Rinehart, in Omniscient's vision and
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Canary Speech Secures $13M for AI-Powered Vocal Biomarkers
What You Should Know:
- Canary Speech, Inc. (Canary), a pioneer in AI-powered voice biomarker technology, announced today it has closed a $13M Series A funding round.
- The round was led by Cortes Capital, LLC (Love’s Private Equity), with participation from Sorenson Communications, LLC., SMK (Japan), and Hackensack Meridian Health.
Canary's Cutting-Edge Technology
Canary Speech leverages vocal analysis to identify early signs of mental health and neurological conditions.
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