What You Should Know:
- Selux Diagnostics, Inc., a personalized diagnostics company to combat superbug infections and fight antibiotic resistance raises $50M in Series C financing led by RA Capital Management, with participation from Sands Capital, Schooner Capital and Northpond Ventures.
- The funding will support the U.S. commercial launch of its Next-Generation Phenotyping (NGP) rapid Antimicrobial Susceptibility Testing (AST) platform.
Precision diagnostics for
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Benchling Acquires Overwatch Research to Accelerate Breakthroughs for Biopharma Companies
What You Should Know:
- Today, R&D Cloud pioneer Benchling announced it has acquired Overwatch Research to accelerate in vivo research.
- The acquisition will create the industry’s first comprehensive, cloud-native in vivo solution – a critical component of drug discovery and development – drastically accelerating the time it takes biopharma companies to bring products to market.
Digital Transforming R&D
In vivo studies are a critical component of drug discovery and
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Omada Health Raises $192M to Expand Digital Therapeutics for Chronic Disease
What You Should Know:
- Omada Health, a chronic care integrated healthcare provider, today announced its $192M in Series E funding round led by Fidelity Management & Research Company with participation from aMoon, existing investors Perceptive Advisors, Wellington Management, Civilization Ventures, and others.
- Omada Health will utilize the funding to accelerate hiring at all levels to meet growing customer demands, a technological roadmap for care and coaching personalization to
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Story Health Secures $22.6M for AI-Driven Virtual Specialty Care Platform Across Cardiology
What You Should Know:
- Story Health, a health technology and services company that extends specialty care into patient’s homes raises $22.6M in Series A funding co-led by Northpond Ventures and B Capital Group. The round also included participation from new investor LRVHealth and existing investors Define Ventures and General Catalyst, bringing the company’s total funding to approximately $27M.
- The Story Health platform empowers specialists through intelligent embedded clinical software
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EarliTec Diagnostics Raises $19.5M to Advance Autism Diagnosis and Treatment in Children
What You Should Know:
- EarliTec Dx, a digital health company developing novel diagnostic and therapeutic products for children with Autism Spectrum Disorder (ASD) and early childhood vulnerabilities, today announced a $19.5 million financing led by Bernie Marcus, with participation from the Georgia Research Alliance (GRA).
- This round of financing will be used to support filing with the U.S. Food and Drug Administration (FDA) for 510K clearance, as well as commercialization of the
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NourishedRx Raises $6M to Accelerate Intelligent Food-for-Health Platform
What You Should Know:
- NourishedRx, a digital health company raises $6M in seed funding led by S2G Ventures with additional investors Route 66 Ventures, Connecticut Innovations, Primetime Partners, and other individual investors.
- The company will utilize the funding to expand its high-tech, a high-touch platform to provide personalized, culturally relevant food solutions to health plan members nationwide.
Personalized Nutrition
Founded in 2019, with the support of the Mailman
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Equip Raises $58M for Virtual, Evidence-Based Eating Disorder Treatment
What You Should Know:
Equip, a provider of virtual, evidence-based eating disorder treatment in the U.S., today announced a $58M Series B funding round, bringing the company’s total funding to $75M.
The Series B round was led by The Chernin Group (TCG), an early investor in Headspace and was joined by Tiger Global and General Catalyst, as well as existing investors F-Prime Capital, Optum Ventures, and .406 Ventures. Katie Couric Media invested alongside American soccer champion Alex Morgan
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FitOn Acquires Peerfit, Raises $40M to Expand Reach
What You Should Know:
- FitOn, the No. 1 fitness app and digital fitness platform, announced today it has raised $40M in new funding and is expanding its reach in healthcare and wellness through the acquisition of Peerfit, a corporate wellness leader.
- Peerfit’s founder, Ed Buckley, will stay on in his current role as CEO to continue leading the tremendous growth of the Peerfit business.
Redefine wellness at work
Peerfit is a longtime leader in the corporate wellness space,
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Ro Raises $150M, Launches New Digital Clinic for Skincare
What You Should Know:
- Ro raises $150M in new funding led by ShawSpring Partners, with participation from General Catalyst, FirstMark Capital, TQ Ventures, SignalFire, BoxGroup, The Chernin Group, Initialized Capital, Altimeter Capital, Baupost Group, and Seven Seven Six.
- Ro also announced today the launch of Ro Derm -- a digital clinic for skincare and the latest Ro-branded offering following the launch of Ro Mind, a digital clinic for mental health, and Ro Pharmacy, a cash-pay online
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LifeSpeak To Acquire Wellbeats for up to $92.5M
What You Should Know:
- LifeSpeak Inc. (TSX: LSPK), today announced it will acquire Wellbeats Inc., an on-demand physical well-being platform, for up to $92.5M USD. As the leader in mental health and total wellbeing for employers, this acquisition enables LifeSpeak to meet the rapidly growing demand for a comprehensive, single-vendor solution that addresses both mental and physical health support needs.
- Wellbeats, a Minnesota-based market-leading provider of an on-demand,
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