What You Should Know:
- K Health, a leader in AI-driven primary care raises $50M in funding led by Claure Group with participation from investors including Pablo Legorreta (founder and CEO of Royalty Pharma), and existing investors Mangrove Capital Partners, Valor Equity Partners, and Atreides Management, LP.
- With this new funding, K Health is poised to further scale its AI platform and expand its reach. The company's innovative approach has the potential to transform the primary
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
ONWARD Medical Secures $56.6M Loan to Advance Spinal Cord Stimulation Therapies
What You Should Know:
- ONWARD Medical N.V. (Euronext: ONWD), a leading medical technology company specializing in innovative spinal cord stimulation therapies, announced the signing of a loan agreement of up to €52.5M ($56.6M) with Runway Growth Capital LLC, a U.S.-based lender.
- This strategic partnership will provide vital funding for the company's continued growth and advancement of life-changing SCS therapies for people with spinal cord injury (SCI).
- ONWARD Medical is a
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VenoStent Raises $20M for Dialysis Solution, Secures $3.6M NIH Grant for U.S. Dialysis Therapeutic Clinical Trial
What You Should Know:
- VenoStent, Inc., a medical device company pioneering a new approach to improve dialysis patient outcomes, announced the successful completion of its Series A funding round. The round closed at $20M, with Norwest Venture Partners contributing an additional $4M to join Good Growth Capital and IAG Capital Partners as co-leads.
- VenoStent also welcomes Dr. Zack Scott, Norwest General Partner, and Dr. Ehi Akhirome, Norwest Investor, to its board of
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Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare
What You Should Know:
- Sidecar Health, a health insurance provider for businesses raises $165M in a Series D funding round led by Koch Disruptive Technologies with participation from new and existing investors such as GreatPoint Ventures, BOND, Cathay Innovation, Drive Capital, Duke University, Menlo Ventures, and Morpheus.
- Sidecar Health's $165 million funding round and strategic partnership with Koch Industries position them as a major disruptor in the employer-sponsored health
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Form Health Secures $38M to Expand Science-Based Telehealth Obesity Care
What You Should Know:
- Form Health, the leading provider of science-based obesity care in the United States raised $38M in Series B funding led by Sound Ventures, the round also included participation from M13, SignalFire, and Next View Ventures.
- By combining science-based treatment plans with a convenient telehealth platform and a focus on building a team of top specialists, Form Health aims to make effective and personalized weight loss solutions accessible to a wider
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CipherHealth Secures Investment from Atalaya Capital Management
What You Should Know:
- CipherHealth, Inc., a leading innovator in patient-centered communication solutions, today announced a strategic investment from Atalaya Capital Management. This capital infusion will fuel CipherHealth's ongoing growth and expansion efforts.
- CipherHealth's solutions are designed to deliver personalized, relevant, and actionable communication to patients. This ensures that patients receive the information they need, when they need it, ultimately leading to
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Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation
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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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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