First Human Receives Neuralink Brain Implant, Raising Hopes and Concerns
What You Should Know:
- Elon Musk's brain-computer interface (BCI) company, Neuralink, announced a major milestone on Monday: the first human patient has successfully received a Neuralink implant and is recovering well.
- The successful implantation and promising initial results represent a significant step for Neuralink. However, addressing ethical concerns, ensuring transparency, and rigorously evaluating safety
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Peloton Equity Invests in OnPoint Healthcare to Combat Physician Burnout with AI
What You Should Know:
- Peloton Equity, a private equity firm focused on healthcare growth companies, announced a significant investment in OnPoint Healthcare Partners, a leader in AI-powered solutions for reducing physician burnout and improving administrative efficiencies.
- This partnership aims to empower OnPoint to accelerate its growth and impact on healthcare delivery. With the investment, Peloton representatives and Michael Clark, President of RAAPID.AI, will join OnPoint's board
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Fabric Acquires Conversational AI Care Assistant GYANT
What You Should Know:
- Fabric, a leader in healthcare experience optimization, has announced the strategic acquisition of GYANT, a company specializing in conversational AI care assistants and patient engagement suites.
- The acquisition of GYANT positions Fabric as a leading force in the digital transformation of healthcare. Their comprehensive suite of solutions is already attracting progressive healthcare providers and innovators, like OSF Healthcare, who are looking to reimagine care
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State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market
What You Should Know:
The year 2023 marked a stark shift for digital health, transitioning from the heady days of record-breaking funding to a harsh reality of tightening belts and consolidation, according to a new report from CB Insights.
- The CB Insights report, State of Digital Health 2023, reveals that while the pandemic initially fueled a gold rush of innovation, the tide has turned, leaving a landscape of both challenges and opportunities.
Funding Plummets, Deals Dry Up
Global
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ObjectiveHealth Secures Growth Investment to Expand Innovative Clinical Research Model
ObjectiveHealth, a pioneer in integrated specialty research, today announced a strategic investment from Vitruvian Partners, a renowned global growth equity firm.
- This strategic investment will fuel ObjectiveHealth's expansion and its mission to revolutionize clinical research by seamlessly integrating trials into the practices of community-based physicians.
Transforming Clinical Trials, One Patient at a Time:
ObjectiveHealth stands out with its innovative approach. They act as a
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Swift Medical Secures $8M to Power AI-Driven Wound Care
What You Should Know:
- Swift Medical, a digital health leader in AI-powered wound care, has announced a successful $8M funding round co-led by BDC Capital's Women in Technology Venture Fund and funds managed by Virgo Investment Group.
- The strategic investment will fuel the company's mission to revolutionize chronic and acute wound care through advanced technology and artificial intelligence.
The Future of Wound Care
Swift Medical boasts a proven track record, serving as the
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Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression
What You Should Know:
- Motif Neurotech, a pioneer in minimally-invasive bioelectronics for mental health, announced today an impressive $18.75 million Series A funding round. Led by Arboretum Ventures, the investment saw participation from prominent players like KdT Ventures, Satori Neuro, and Dolby Family Ventures, alongside existing supporters Divergent Capital and PsyMed Ventures.
- Motif Neurotech's innovative approach represents a potential paradigm shift in mental health treatment.
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Precision Psychiatry: Circular Genomics Secures $8.3M to Tackle Depression with CircRNA Test
What You Should Know:
- Circular Genomics, a pioneer in unlocking the secrets of circular RNA (circRNA) for precision psychiatry and neurology, has secured $8.3 million in a Series A funding round. Led by Mountain Group Partners, this vital investment brings on board new partner UNM Rainforest Innovations and bolsters support from existing investors like Cottonwood Technology Fund and Tramway Venture Partners.
- The new funding will empower Circular Genomics to build and scale commercial
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Isaac Health Secures $5.7M to Combat Dementia Deserts & Revolutionize Brain Care
What You Should Know:
- Isaac Health, a rising leader in digital brain health, has successfully closed an oversubscribed $5.7 million Seed funding round led by Meridian Street Capital and B Capital, bringing together prominent players like Primetime Partners, Co-Found Partners, VU Venture Partners, and AirAngels.
- This crucial funding round empowers Isaac Health to accelerate their mission by expanding their innovative brain health provider platform. advancing technology for improved
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Health2047-Backed HEAL Security Emerges from Stealth with $4.6M
What You Should Know:
- Health2047, the American Medical Association's venture studio dedicated to healthcare innovation, announced its investment in and launch from stealth of HEAL Security, a cognitive cybersecurity platform built specifically for the healthcare industry.
- Health2047's investment in HEAL Security underscores the urgent need for robust and specialized cybersecurity solutions within the healthcare industry. Their platform equips health systems with the necessary tools to
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