What You Should Know:
- Canid, the healthcare technology company dedicated to simplifying pediatric vaccine management secures $10M in Series A funding round led by Telescope Partners with participation from FJ Labs, Brooklyn Bridge Ventures, SeedtoB, and others.
- The new funding brings Canid's total capital raised to $12.9M. Canid plans to use the funding to fuel the company's expansion as it supports a growing number of independent pediatricians across the U.S.
- The
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
ArcheHealth Secures $6.7M o Launch AI-Powered Operational Intelligence Platform for Hospitals
What You Should Know:
- ArcheHealth, a company poised to be a leader in healthcare operational intelligence has secured a $6.7M round of seed funding.
- The investment will fuel the launch of its AI-powered platform designed to reduce healthcare costs and drive operational performance improvement for hospitals and health systems. The seed round was funded by prominent investors LRVHealth, Martin Ventures, and Texas Health Resources.
Addressing the Pressing Need for
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Swedish Femtech Venture Studio Daya Ventures Raises Capital for Global Expansion
What You Should Know:
- Daya Ventures, a Swedish venture studio that has rapidly established itself by building femtech companies from scratch, today announced the first close of its ongoing funding round.
- The company has successfully secured SEK 2 million of a total targeted SEK 8 million, with investments from high-profile backers from both Wall Street and Europe. The capital injection is earmarked to scale Daya's proven model of creating an "Ecosystem for Women's Health"
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AssistIQ Secures $11.5M to Transform Hospital Supply Chains with AI
What You Should Know:
- AssistIQ, an AI company utilizing computer vision to revolutionize how hospitals manage surgical and procedural supply chains secures $11.5M in Series A funding round led by Battery Ventures, with participation from return investor Tamarind Hill. With this funding, Battery Ventures Principal Brandon Gleklen will join AssistIQ’s Board of Directors.
- The company’s platform is gaining traction across academic and community hospitals, capturing every item used in
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Kyron.bio Secures $6.2M to Optimize Biologic Drug Development with Precision Glycan Engineering
What You Should Know:
- Biotechnology company kyron.bio announced the successful closing of a $6.2M (€5.5M) seed funding round aimed at solving critical challenges in biologic drug development, specifically varying efficacy and the dangers of side effects.
- The round was led by HCVC, with participation from Verve Ventures, Entrepreneurs First, Saras Capital, and numerous reputable angel investors.
- The funds will be used to accelerate the development of kyron.bio’s proprietary
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Brooklyn Health Secures $6.5M to Expand AI-Powered Precision for Clinical Trial Endpoints
What You Should Know:
- Brooklyn Health, a neuroscience technology company focused on objective measurement of mental health announced it has secured $6.5M in seed funding led by HealthX, with participation from Metrodora Ventures, Story Ventures, RiverPark Ventures, Laconia Capital, Everywhere Ventures, Hypothesis Studio, Blue Falcon Capital, and others.
- The funding coincides with the company's debut of its new electronic clinical outcome assessment (eCOA) solution, Willis. Willis
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WellTheory Secures $5M to Launch AI Tools to Transform Autoimmune Care
What You Should Know:
- WellTheory, a whole-person care platform for autoimmune disease secures $5M in new funding and the successful rollout of its proprietary AI tools, Care Hub and Care Scribe, across its care operations.
- New investors Samsung Next, Opal Ventures, and Up2 Fund joined the round, with continued support from existing investors Accel, OVO Fund, and BoxGroup.
- The new capital will fuel the company’s expansion into the employer and health plan markets and
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WorkDone Secures $1.8M to Tackle EHR Documentation Errors with AI Copilot
What You Should Know:
- WorkDone, a healthcare AI startup closes $1.8M in pre-seed funding round aimed at tackling one of healthcare's most costly and persistent challenges: documentation errors in Electronic Health Records (EHRs).
- The round, which took place in April this year, saw backing from Pioneer Fund, DVC, Fjor, Ryan Chan, Eric Norman, and other notable early-stage investors.
Addressing a Costly Challenge in Healthcare Documentation
Inaccurate or incomplete
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Axle Health Secures $10M to Transform Home Healthcare Operations with AI-Powered Logistics
What You Should Know:
- Axle Health, a pioneering technology company focused on transforming home healthcare operations secures $10M in Series A financing round led by F-Prime, with participation from Y Combinator, Pear VC, and Lightbank.
- The new capital infusion will fuel Axle Health's aggressive expansion plans. The company intends to scale its proprietary healthcare logistics platform, enhance its AI-powered scheduling and routing algorithms, accelerate the development of its
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Biostate AI Secures $12M to Optimize RNA Sequencing, Precision Medicine
What You Should Know:
- Biostate AI, an innovator at the intersection of artificial intelligence and RNA sequencing raises $12M in Series A funding spearheaded by Accel, with participation from Gaingels, Mana Ventures, InfoEdge Ventures, and existing investors Matter Venture Partners, Vision Plus Capital, and Catapult Ventures. This brings the company's total funding to over $20M.
- The newly acquired funds will be pivotal in advancing Biostate AI’s mission to unlock affordable and
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