What You Should Know:
- Unlearn®, a leading AI company using digital twins to revolutionize clinical trials, announced today a $50M Series C funding round led by Altimeter Capital. This investment, bringing Unlearn's total funding to over $130M, will fuel its mission to eliminate trial and error in medicine through faster, smaller, and more ethical clinical trials.
- Unlearn collaborates with pharmaceutical companies, biotechs, and academic institutions to optimize and streamline clinical
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Ambience Healthcare Secures $70M to Advance AI-Driven Healthcare Operating System
What You Should Know:
- Ambience Healthcare, the leading AI operating system for healthcare organizations, announced a $70M Series B funding round co-led by Kleiner Perkins and OpenAI Startup Fund.
- This funding comes on the heels of Ambience's rapid commercial success, with deployments at major healthcare systems like UCSF, Memorial Hermann, and John Muir Health.
Breaking Down Silos and Improving Efficiency
Ambience's platform approach fosters collaboration and breaks down silos
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Stellar Sleep Raises $6M to Expand Digital Sleep Therapy Platform for Chronic Insomnia
What You Should Know:
- Stellar Sleep, a San Francisco, CA-based company offering the first digital solution specifically designed for chronic insomnia management raises $6M in seed funding to expand its reach and make effective treatment more accessible. The seed funding was led by Initialized Capital with participation from Y Combinator, Lombardstreet Ventures, Switch Ventures, Moonfire Ventures, Scrum Ventures, 8vdx and Goodwater.
- Stellar Sleep's innovative approach offers a beacon of
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Cohere Health Secures $50M for AI-Powered Prior Authorization Platform
ArteraAI Raises $20M to Personalize Cancer Therapy With Multimodal AI
What You Should Know:
- ArteraAI, a pioneer in multi-modal artificial intelligence (MMAI) for cancer treatment personalization, announced today an additional $20M in funding.
- This latest round, backed by prominent investors like Prosperity7 Ventures, EDBI, and Wilson Sonsini Goodrich & Rosati, brings the company's total funding to $110M since its inception less than a year ago.
Revolutionizing Patient Care with AI
ArteraAI's MMAI platform analyzes digital pathology images and
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Radiology AI Marketplace CARPL Secures $6M to Bridge Radiologist Gap with Seamless Integration Tools
What You Should Know:
- As healthcare demands rise with an aging population and growing emphasis on early disease detection, the burden on radiologists is reaching a critical point. To address this challenge, enterprise imaging AI marketplace platform CARPL has announced a $6M funding round, aiming to bridge the radiologist gap by streamlining access and integration of AI tools into clinical workflows.
Navigating the Maze of AI Solutions
With over 200 companies developing AI
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First Human Receives Neuralink Brain Implant, Raising Hopes and Concerns
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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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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