Health tech deals
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 [...]
The UK government has announced £237m for 36 community diagnostic centres (CDCs) across England. CDCs are local sites, often on high streets, in shopping centres or retail parks, where patients can get tests such as MRI and CT scans without going to hospital. The investment will pay for four new centres in Gorton [...]
Helical has announced a US$10 million seed round led by redalpine with participation from Gradient, BoxGroup, Frst and notable angels including Aidan Gomez (CEO Cohere), Clement Delangue (CEO HuggingFace) and footballer Mario Goetze. The Helical virtual AI lab for pharma is an application layer that turns biological foundation models into decision-ready, reproducible in-silico discovery workflows. [...]
Eka Ventures has closed its €91.5m Fund II to back UK startups in health, wellbeing and sustainability. According to Eka, the raise establishes it as the UK’s largest early-stage impact VC, investing in companies that deliver both commercial and societal benefits in health, wellbeing and sustainability. The oversubscribed fund has been backed by leading limited [...]
The MHRA has secured £3.6m to expand AI Airlock, the UK’s first regulatory sandbox for AI medical devices. Following a successful second phase, the Department of Health and Social Care has allocated £1.2m a year for the next three years, from 2026 to 2029, to the programme. The newly approved multi-year funding will allow the [...]
Bioniq, a London-based health startup backed by football star Cristiano Ronaldo, has agreed to be acquired by US wellness group Herbalife. Founded in 2019, Bioniq develops personalised health products and supplements. Its conscious product offering caught the attention of several well-known athletes turned investors, including Ronaldo’s former Manchester United teammate Diogo Dalot. Herbalife, [...]
Doctronic has raised US$40m in series B funding, marking its third funding round in less than a year. The round was co-led by Abstract and Lightspeed Venture Partners, with participation from existing investors Seven Stars, Union Square Ventures, Tusk Ventures and Mantis. Last year, Doctronic secured a US$20m series A and US$5m from Union Square [...]
