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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

BioIntelliSense Acquires Patient Monitoring Company AlertWatch

by Fred Pennic 10/18/2022 Leave a Comment

BioIntelliSense Acquires AlertWatch to Expand Continuous Patient Monitoring Solutions

What You Should Know: - BioIntelliSense, Inc. acquires AlertWatch, an FDA-cleared, clinically proven patient monitoring solution. AlertWatch uniquely provides robust integration, data analysis and a patented intuitive display of contextual patient data for more efficient, actionable clinical decisions. - As part of the recently announced strategic partnership with Medtronic, its Patient Monitoring business will distribute AlertWatch to hospitals throughout the U.S.
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Viome Raises $67M to Expand Microbiome & At-Home Test Kits

by Jasmine Pennic 10/18/2022 Leave a Comment

Viome Raises $67M to Expand Microbiome & At-Home Test Kits

What You Should Know: - Viome Life Sciences, a mission-driven digital health company, announced additional $67M in funding toward its Series C round. - Led by Bold Capital Group, the $67M raise brings the company’s total funding to over $150M and will be used to support the development of its at-home tests that leverage precision nutrition to improve health and increase longevity by addressing the epidemic of chronic diseases, cancers, and aging. - Viome will expand its proprietary mRNA
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EngagedMD Raises $11MM for Modern Fertility Treatment

by Fred Pennic 10/18/2022 Leave a Comment

EngagedMD Raises $11MM for Modern Fertility Treatment

What You Should Know: - EngagedMD, Inc., a global technology company serving both clinics and patients in the fertility space raises $11M led by MonCap. - As part of the investment, EngagedMD welcomes Jonathan Sockol, Managing Partner of MonCap, to the Company's Board. Modern Fertility Treatment EngagedMD offers the leading eLearn and eSign solutions for the fast-growing fertility sector, supporting the journeys of more than half of all fertility patients in the
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SURGE Therapeutics Raises $26M to Accelerate Intraoperative Immunotherapy

by Syed Hamza Sohail 10/18/2022 Leave a Comment

SURGE Therapeutics Raises $26M to Accelerate Intraoperative Immunotherapy

What You Should Know: - SURGE Therapeutics (SURGE) recently announced the completion of a $26 million Series A financing led by Camford Capital, with participation from Khosla Ventures, Intuitive Ventures, Pitango HealthTech, 8VC, Alumni Ventures, and the Cancer Research Institute. - The funds will be used to accelerate the development of the SURGE™ intraoperative immunotherapy approach, expand the team, and initiate clinical trials for its injectable biodegradable hydrogel. Using
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Eyenuk Raises $26M for AI-Powered Eye Screening & Predictive Biomarkers

by Syed Hamza Sohail 10/17/2022 Leave a Comment

Eyenuk Raises $26M for AI-Powered Eye Screening & Predictive Biomarkers

What You Should Know: - Eyenuk, Inc., a global artificial intelligence (AI) digital health company and the leader in real-world applications for AI Eye Screening™ and AI Predictive Biomarkers™, today announced it has secured $26 million in a Series A financing round, bringing the Company’s total funding to over $43 million. - The capital raise was led by AXA IM Alts and was joined by new and existing investors including T&W Medical A/S, A&C Foelsgaard Alternativer ApS, Kendall
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Eclipse and Mayo Clinic Create Nucleus RadioPharma for  Cancer Patients

by Syed Hamza Sohail 10/14/2022 Leave a Comment

Eclipse and Mayo Clinic Create Nucleus RadioPharma for Cancer Patients

What You Should Know: - Eclipse, a venture capital firm investing in the digital transformation of the world's physical industries, and Mayo Clinic, a leading nonprofit health organization, recently announced the creation and seed funding of Nucleus RadioPharma, a new company built to ensure cancer patients can access potentially life-saving radiopharmaceuticals by developing technologies to modernize the clinical development, manufacturing, and supply chain of these promising new
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Biotech Startup Obatala Sciences Raises $3M for Organ-on-a-Chip for Research

by Syed Hamza Sohail 10/14/2022 Leave a Comment

Biotech Startup Obatala Sciences Raises $3M for Organ-on-a-Chip for Research

What You Should Know: - Obatala Sciences, a New Orleans biotechnology company recognized for speeding up therapies for obesity, diabetes, and cancer across diverse populations, recently announced the closing of a $3 million Series A finance round co-led by être Venture Capital and Ochsner Lafayette General Healthcare Innovation Fund II and joined by Benson Capital Partners, Elevate Capital Fund, and The Hackett-Robertson-Tobe Group. - The funding will be used to further the
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ChristianaCare Spins Out New Gene Editing Company, CorriXR Therapeutics

by Syed Hamza Sohail 10/13/2022 Leave a Comment

ChristianaCare Spins Out New Gene Editing Company, CorriXR Therapeutics

What You Should Know: - ChristianaCare recently announced it has spun out its first commercial biotechnology private startup company, named CorriXR Therapeutics. The company will use CRISPR gene editing technology to develop new, clinically relevant oncologic therapeutics in areas of unmet medical need, starting with squamous cell carcinoma of the lung. Its close relationship with ChristianaCare and the ChristianaCare Gene Editing Institute uniquely positions it to research and develop
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FOLX Health Raises $30M, Launches Expert-Led Support Groups for LGBTQIA+ Community

by Syed Hamza Sohail 10/12/2022 Leave a Comment

FOLX Health Raises $30M, Launches Expert-Led Support Groups for LGBTQIA+ Community

What You Should Know: - FOLX Health, the first digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, today announced $30M in new financing led by 7wireVentures, with participation from new investor Foresite Capital and existing investors, including Bessemer Venture Partners, Define Ventures, and Polaris Partners. - Lee Shapiro, Managing Partner of 7wireVentures and former Chief Financial Officer of Livongo Health, will join FOLX Health’s Board
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Pleno Secures $40M to Disrupt Sequencing Market, Scale Multi-omics

by Fred Pennic 10/12/2022 Leave a Comment

Genetics Startup Pleno Launches Out of Stealth with $15M

What You Should Know: - Pleno, Inc, a multi-omic instrument platform company revolutionizing biological target detection for clinical testing and biomedical research raises $40M in Series A funding led by Deerfield Management and Foresite Capital.  - The funding will accelerate the development of Pleno’s Hypercoding™ instrument platform, called RAPTOR ™, which is slated for early customer access in 2023 and full availability in 2024. Release below
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