What You Should Know: - Proximie, a health technology platform company focused on digitizing operating and diagnostic rooms, announced the completion of its $38 million Series B equity financing led by F-Prime Capital, with participation from new investors Questa Capital, Eight Roads, Maverick Ventures, and the support of existing investors Global Ventures, BECO Capital and Cedar Mundi Ventures. - Founded in 2016 by NHS surgeon Dr Nadine Hachach-Haram, Proximie’s platform enables surgeons
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Virtual Reality
AppliedVR Lands $29M for VR Platform to Treat Chronic Pain
What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of digital medicine, today announced $29 million in Series A funding, bringing its total funds raised to date to $35 million. The round, which includes key investors F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures and Cedars-Sinai, will fuel the company’s growth as it pursues full FDA approval over the next year. - Founded in 2015, AppliedVR provides
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VR and AR Simulation Medical Training Can Reduce Medical Errors
Human error is an inevitable event in the practice of any trade, including healthcare and medicine. The errors made in medicine can have many negative effects for patients and healthcare providers. A study out of Johns Hopkins in 2016 found that medical errors accounted for over 250,000 deaths annually in the United States – making it the third leading cause of death in the country (Makary 2016). Research has shown that most medical errors occur during the administration and prescribing stages
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XRHealth to Launch Virtual Reality Telehealth Clinic in Israel In November
What You Should Know: - XRHealth announce it will launch a new virtual reality telehealth clinic in Israel, slated to open on November 1st. - The VR-driven telehealth clinic treats patients in Israel for symptoms related to Stress & Anxiety, ADHD, Motor & Cognitive Rehabilitation, post-COVID-19, Parkinson’s, Brain Injury, and more. XRHealth, a Boston, MA-based provider of extended reality therapeutic applications, today announced a new virtual reality
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FDA Grants AppliedVR Breakthrough Designation for Virtual Reality Chronic Pain Treatment
What You Should Know: - FDA awards AppliedVR Breakthrough Device designation for treating treatment-resistant fibromyalgia and chronic intractable lower back pain - AppliedVR’s EaseVRx program helps patients learn self-management skills grounded in evidence-based cognitive-behavioral therapy (CBT) principles and other behavioral methods. AppliedVR, a pioneer advancing the next generation of digital medicine, today announced its EaseVRx product received Breakthrough Device designation
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FundamentalVR Expands VR Surgical Capabilities to Ophthalmology
What You Should Know: - Today, FundamentalVR, global pioneers in immersive VR surgical skills training and skills data analytics, announced the expansion of its surgical specialty capabilities with the addition of ophthalmology. The new capabilities allow it to support medical device and life science companies in improving the way they bring new tools and procedures to market. - Powered by the company’s patented HapticVR™ technology that mimics the physical cues of surgical
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Backed by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform
What You Should Know: - Osso VR raises $14M in Series A funding led by Kaiser Permanente Ventures (KPV) to expand its virtual reality (VR) surgical training platform. - Using immersive VR technology, Osso VR’s scalable platform offers a realistic, hands-on training environment that leads to real-world performance gains and ultimately improved patient outcomes. Osso VR, a Palo Alto, CA-based validated Virtual Reality (VR) surgical training platform, today announced it has raised $14M
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XRHealth Secures Patent to Incorporate Apple Watch into VR/AR Therapy
What You Should Know: - XRHealth has just received a patent for its approach to incorporate biofeedback from devices such as an Apple watch into its remote healthcare therapy platform that utilizes virtual/artificial reality (VR/AR). - XRHealth plans to incorporate their VR/AR therapy with the Apple Watch, specifically since the watch has advanced features including a medical-grade, FDA-cleared electrocardiogram (EKG) that measures heartbeat. XRHealth, the leader in extended
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Mayo Clinic Performs First Shoulder Arthroplasty Procedure Using Mixed Reality
What You Should Know: - Mayo Clinic in Rochester, MN performed the first-ever shoulder arthroplasty procedure using Wright Medical’s groundbreaking BLUPRINT Mixed Reality Technology, which provides surgeons a 3-D holographic view of the patient’s pre-operative plan. - The Mixed Reality Application is the latest addition to Wright’s BLUEPRINT ecosystem and enables a surgeon to maintain a direct view of the surgical site and simultaneously visualize and manipulate a
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18 Healthcare Augmented Reality and Virtual Reality Companies to Watch
Augmented reality (AR) and virtual reality (VR) are redefining what's possible in healthcare, as well as other sectors. The 18 companies listed below are some of the top virtual and augmented reality companies in the medical industry. Defining Augmented Reality Augmented reality is a technology that blends real-world elements with virtual ones. For example, a person might visit a trade show and aim their smartphone at a display to activate an AR experience that allows them to see
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