Health tech deals
A new partnership between Cera, Europe’s largest HealthTech company, and automated living registry platform uMed is bringing clinical research directly to the homes of those who need access to innovative treatments the most. The collaboration enables Life Sciences organisations to access ‘invisible’ cohorts - such as the housebound and elderly – enabling them to participate [...]
Citrine Angels has invested more than US$2m in women-led startups since 2019, marking a new milestone for the investor group. The investments were made across 30 startups by more than 70 women investors, many of whom were first-time angel investors before joining Citrine. Citrine, based in the Mid-Atlantic region of the US, previously announced its [...]
Sanofi is investing US$294m to expand its AI centre in Toronto, creating 50 new high-skilled jobs in AI and machine learning. The biopharma company will use the funding to grow its global AI Centre of Excellence (COE), which was established in downtown Toronto in 2022. The expansion builds on more than 150 roles created at [...]
Auryx has raised US$2m to develop earbud health monitors using everyday earbuds for continuous health tracking. The Cambridge startup says its platform draws health insights from sound, allowing devices people already use to capture a broader range of physiological signals than traditional optical wearables. The company started in a Cambridge pub, where PhD researchers Erika [...]
Alesi Surgical, a surgical technology company tackling surgical smoke in operating theatres, has successfully closed a £7m funding round led by IW Capital and supported by existing shareholders, IP Group and Mercia Ventures. The funding will support international commercial expansion and further development of Alesi’s Ultravision2 platform as regulation around smoke control tightens. Dr Dominic [...]
TriFetch has announced a US$1.9 million pre-seed round led by Nexus Venture Partners with participation from angels from Google, Hipprocratic, Mercor, MIT to scale its automation platform for the front, mid, and back office of specialty care. TriFetch is building an end-to-end automation layer for independent specialty clinics, covering patient calls and scheduling, referral processing, [...]
The British Business Bank has committed £100m to a fund investing in UK health tech companies. The backing for Apposite Healthcare Growth I will be the bank's largest fund commitment to date. Apposite Healthcare Growth I will invest in innovative companies across medical products, diagnostics, life sciences tools, digital health and pharmaceutical outsourcing [...]
AcuityMD has raised US$80m to add advanced AI capabilities to its MedTech AI platform and support adoption of medical technology. The funding brings the company's total capital raised to more than US$160m and values the business at US$955m. AcuityMD said MedTech companies face pressure not only to launch innovations successfully, but also to capture and [...]
Coral has announced a US$12.5 million investment led by Lightspeed and Z47. The company was founded by Ajay Shrihari and Aniket Mohanty. Instead of asking providers to rebuild their infrastructure, Coral connects to existing EHR systems, fax lines, and payer portals and automates end-to-end administrative workflows for specialty healthcare providers, including DME suppliers, infusion centers, [...]
brainjo has raised €2m for VR mental health tech, with its first product focused on children with ADHD. The Regensburg-based startup develops Digital Health Applications, known as DiGAs, which can be prescribed by therapists or physicians and reimbursed by health insurance. Its VR-based tools are designed to complement traditional psychotherapy rather than replace it, allowing [...]
