Health tech deals
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 [...]
Sanius Health, the London-based AI and patient data platform, has acquired Cambridge cancer digital health company THERAPYAUDIT, developer of the beetroot therapy audit care platform used by NHS clinicians to monitor treatments, track outcomes and coordinate complex cancer and care pathways. The acquisition expands the reach of Sanius Health technology to more than 35 NHS hospitals, [...]
Harris Health Alliance (HHA) has completed the acquisition of eRedbook, the UK’s most established digital parent held child health record. This is an asset purchase from Heathersoft, bringing the eRedbook, supporting technology and customer base into the HHA portfolio. eRedbook is a widely recognised digital platform, used to support the capture and sharing of key [...]
Health Lean Analytics has secured more than €2.1m in funding, as the Barcelona-based company looks to expand its hospital data and AI platform. The transaction combines private capital and public funding, with Novanta, a US-listed public company, acting as a technology and strategic partner. HLA plans to use Novanta's manufacturing and medical technology expertise, along [...]
Ternary has raised £3.6m in seed funding to scale a new AI drug discovery platform designed to create molecular glue drugs. Molecular glues are small drug molecules that force two proteins inside a cell to stick together. When they bind, they can switch off harmful proteins or restore lost function. In theory, this approach could [...]
Bliss has raised US$270k for culturally informed AI therapy aimed at widening mental health access for diaspora communities. Originally founded in Albania and headquartered in Finland, mental health startup Bliss has raised US$270,000 in angel funding led by Keiretsu Forum, Finest Love VC and Plug and Play to develop AI infrastructure designed to support culturally [...]
Novo Nordisk has dropped its lawsuit against Hims after the companies reached a Wegovy deal to sell branded weight loss medicines through the platform. Early last month, Hims & Hers said it was going to launch a cheaper, off-brand version of the weight loss pill Wegovy, just weeks after Novo Nordisk launched its reformulation of [...]
The NIHR has awarded £2.31m to 24 chronic condition tech projects aimed at stopping a single long-term illness progressing into multi-morbidity. This funding will support the development of technology-assisted workforce solutions focused on preventing a single chronic condition from progressing to multi-morbidity, the presence of two or more long-term health conditions, in community, home and [...]
Delphyr has raised €1.75m to support its artificial intelligence platform designed to reduce the administrative workload faced by healthcare professionals. Founded in 2023, the Amsterdam-based platform supports healthcare professionals in hospitals, primary care and mental health settings with quick search and summary tools. It consolidates patient data from notes, lab results and correspondence into a [...]
Eight Sleep has raised US$50m at a US$1.5bn valuation as the sleep technology startup moves to expand into artificial intelligence-driven health. The round was led by Tether Investments as a “strategic” investment in the New York-based company. The startup has now raised more than US$250m in total funding. Co-founder and chief executive officer [...]
