What You Should Know:
- Today, SiPhox Health, a Burlington, MA-based company building the next generation of lab-grade home health testing with silicon photonics raises $27M in funding, including a $10M Seed led by Khosla Ventures and Y Combinator, and a $17M Series A led by Intel Capital.
- The SiPhox Home and Health testing systems offer innovative and efficient blood collection solutions for consumers, healthcare systems, pharmaceutical companies, and research teams focusing on
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
UK Startup OrganOx Secures $32.6M for Liver Transplantation Device
What You Should Know:
- OrganOx, a United Kingdom-based medical technology company committed to making every donated organ count with metra®, a fully automated normothermic machine perfusion (NMP) device for liver transplantation raises £25M ($32.6M USD) in a growth round led by Lauxera Capital Partners (“Lauxera”) with support from existing investors.
- The proceeds from the funding will enable OrganOx to significantly expand its commercial footprint across strategically key areas
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PE Firm Thoma Bravo Makes Strategic Investment in Bluesight & Medacist Acquisition
What You Should Know:
- Today Thoma Bravo, a private equity software investment firm, announced a strategic growth investment in Bluesight, the Medication Intelligence™ Company. Current investor New Leaf Ventures will remain invested in the business. Financial terms of the transaction were not disclosed.
- This investment will support Bluesight's acquisition of Medacist, the lead innovator in drug diversion monitoring, and drive the growth of Bluesight's inventory management and
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FemTech: Herself Health Raises $26M To Power Primary Care for Women 65+
What You Should Know:
- Herself Health, a New York City-based healthcare company providing comprehensive primary care to women 65+raises $26M in Series A fuding led by Michael Cline of Accretive serving as the lead investor. The company has raised $33 million to date. Juxtapose also participated in the Series A.
- Founded in 2022, Herself Health provides value-based care to women 65+ with a focus on helping women feel seen and heard as they age in a way that the current healthcare
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Causaly Secures $60M to Accelerate AI-Powered Biomedical Research
What You Should Know:
Causaly, the leading AI platform for biomedical research raises $60M in Series B funding led by ICONIQ Growth, with participation from Index Ventures, Marathon Venture Capital, EBRD, Pentech Ventures and Visionaries Club. Strategic individuals also participated in the round, including Alex Gorsky (former Chairman and CEO of Johnson & Johnson) and Olivier Pomel (CEO and Co-Founder of Datadog). The investment brings the total funding raised to $93 million,
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Affect Therapeutics Secures $16M to Expand App for Drug and Alcohol Addiction
What You Should Know:
Today, Affect Therapeutics - a McLean, VA-based company reimagining alcohol and drug addiction treatment with smartphone apps that put an integrated treatment program into the pocket of its members raises $16M in Series A funding led by ARTIS Ventures. The funding also included additional participation from previous investors AlleyCorp and CityLight, as well as new investments from LifeArc Ventures, Samsung Next, and What If Ventures. Founded in 2020, Affect
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Fold Health Lands $6M for Optimization Platform for VBC Primary Care
What You Should Know:
- Fold Health,a San Francisco, CA-based platform supporting value-based primary care raises $6M in funding from Iron Pillar and global angel investors.
- Fold partners with leading value-based primary care groups, ACOs, health systems, health plans and digital health companies, to 10x the reach and effectiveness of collaborative care teams in their mission to radically improve outcomes.
Supercharge Primary Care
Despite the rapid shift to value-based
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French FemTech Startup Sonio Raises $14M for Augmented Prenatal Ultrasounds
What You Should Know:
Sonio, a French medtech specializing in pregnant people and children's health raises $14M following the initial commitment of the EIC Fund (European Innovation Council) last December. This round is led by Cross Border Impact Ventures, a North American impact fund dedicated to the health of women and children, and the Elaia funds, French Tech Seed managed on behalf of the State by Bpifrance in the framework of France 2030, OneRagtime, as well as business angels very
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Verifiable Lands $27M to Automate Healthcare Provider Credentialing
What You Should Know:
Verifiable, an API-first innovator to the antiquated provider network management software category, has raised $27 million in Series B funding led by Craft Ventures to accelerate its next stage of growth and product innovation. Verifiable’s comprehensive suite of network management solutions and real-time verifications empowers healthcare organizations to expedite credentialing from multiple weeks to a matter of days. For customers, these efficiency gains can
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Digital Health Funding Reaches $6.1B in First Half of 2023
What You Should Know:
Digital health funding in H1 2023 shows fewer deals, lower check sizes, and a smaller cohort of sector investors, according to the latest Rock Health report. Founders, investors, and healthcare innovators are adjusting to the new status quo, with some startups pursuing unlabelled raises, seasoned investors looking for the next big startups, and companies making decisions to sunset their businesses while their assets may continue as acquisitions or relaunched
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