What You Should Know:
Hemanext, a Lexington, MA-based blood processing, storage, and transfusion technology company raises $18M in Series B funding from noted global private investors with deep finance and healthcare expertise.
To date, the company has raised approximately $130M (inclusive of $8M in grant funding from the National Institutes of Health).
RBC Processing and Storage System
The company's research and development efforts center on the study of hypoxically stored red blood
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
SEMCAP Launches Investment Strategy to Address Healthcare Market Opportunity
What You Should Know:
- Growth equity investor SEMCAP is launching SEMCAP Health, its healthcare investment strategy to address the significant opportunities at this unprecedented time in the healthcare industry.
- SEMCAP Health takes influential minority or majority positions in high-growth healthcare tech and tech-enabled services business. The most recent example is SEMCAP Health’s investment in
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Valera Health Secures $45M to Increase Mental Health Access for High Acuity Patients
What You Should Know:
Valera Health, a virtual mental health provider serving high acuity patients raises $44.5M in growth equity raise led by Heritage Group.
The round also included participation from Cigna Ventures, Horizon Healthcare Services and existing investors, which include Windham Ventures, AXA Venture Partners, Aquiline Technology Partners, Trinnovate Ventures (BCBS AZ), Figure Eight Investments, Watershed VC, and Alsora Capital.
Care that is comprehensive, inclusive, and
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Carta Healthcare Secures $20M for AI-Enabled Clinical Data Solutions
What You Should Know:
- Carta Healthcare, a pioneer in harnessing the power of clinical data, today announced it closed a $20 million series B round led by South Korean firm Paramark Ventures. Other contributors to the round include Memorial Care Innovation Fund (MCIF) and Frist Cressey Ventures, led by heart surgeon, incoming chair of The Nature Conservancy’s Board of Directors and former U.S. Senate Majority Leader Bill Frist.- Carta will use the
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MedCrypt Raises $25M for Medical Device Cybersecurity Platform
What You Should Know:
- Today, MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers raises $25M in Series B funding led by Intuitive Ventures and Johnson & Johnson Innovation.
- The round included participation from institutional investors Section 32, Eniac Ventures, Anzu Partners, and Dolby Family Ventures. This round of funding brings the company's total to date to $34.4M.
Rising Need for Medical Device Cybersecurity
This round stems
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HealthJoy Raises $60M for Healthcare Navigation Platform to Reduce HR Burden
What You Should Know:
- HealthJoy, a healthcare navigation platform that drives benefits satisfaction, improves care outcomes, improves employee satisfaction and reduces HR burden raises $60M in Series D funding led by Valspring Capital with participation from new investors Endeavour Vision and CIBC Innovation Banking. Existing investors US Venture Partners, GoHealth co-founders Brandon Cruz and Clint Jones, Health Velocity Capital, Nueterra Capital and Epic also participated
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Elion Raises $3M to Expand Digital Health Marketplace
What You Should Know:
- Elion, a San Francisco-based independent digital health technology marketplace company, today announced it has raised $3.3M in seed funding from leading digital health investors NEA, Max Ventures, 8VC, AlleyCorp, Charge Ventures and Floating Point, with additional participation from a broad set of healthcare founders and angels.
- In addition to the round of funding, Elion has released its beta product to the public. The company plans to use the funding to
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COTA Secures New Financing to Accelerate Cancer Research and Treatment Innovation
What You Should Know:
- COTA, Inc., an oncology real-world data and analytics company, announced its latest financing by an investment fund managed by Deerfield Management and additional capital from existing investors.
- The company will use this new funding to further expand its real-world data platform and services in order to drive more efficient and inclusive drug development in oncology.
- Perella Weinberg Partners LP served as exclusive financial advisor and Goodwin Procter
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Bain Capital PE Makes Strategic Investment in CitiusTech
What You Should Know:
- CitiusTech, a leading provider of technology and consulting services to healthcare and life sciences companies, today announced a strategic growth investment from Bain Capital Private Equity (“Bain Capital”).
- Bain Capital joins Baring Private Equity Asia (“BPEA”), which acquired a majority stake in CitiusTech in 2019, as a significant shareholder to accelerate the Company’s growth. Financial terms of the private transaction were not disclosed.
Technology-Driven
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Prenuvo Raises $70M for Whole Body MRI Scans
What You Should Know:
- Prenuvo, an Redwood City, CA-based advanced, radiation-free whole body imaging for early detection of cancer and other diseases raises $70M in Series A equity and debt funding led by Felicis, with participation from existing investors including Tony Fadell, NYT bestseller author and founder of Nest; Dr. Timothy A. Springer, Lasker award recipient; Anne Wojcicki, CEO of 23&Me; Steel Perlot, with Eric Schmidt as chairman; entrepreneur Rande Gerber; and wellness
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