Health tech deals
Exact Imaging has raised US$10m to accelerate global sales of ExactVu, its micro-ultrasound prostate biopsy system. The funds will be used to speed up sales and wider adoption of ExactVu worldwide. ExactVu uses high-resolution micro-ultrasound for urologic imaging. Micro-ultrasound provides higher-resolution images than standard ultrasound, helping clinicians see tissue in greater detail. The [...]
Eli Lilly has agreed to buy Orna Therapeutics for US$2.4bn. The deal was announced on Monday. Orna is developing a treatment that uses circular RNA and specialised lipid particles to prompt a patient’s body to produce the cell therapies needed to fight disease. Circular RNA is a form of genetic material that forms [...]
QuantX Biosciences has raised US$85m in Series B funding to develop two oral small-molecule drug candidates. The financing will back a STAT6 inhibitor and an IL-17 inhibitor, oral small molecules designed for immunology and inflammation diseases. The raise brings QuantX’s total funding to US$130m since its founding in 2022. Alongside its two lead [...]
ArrayPatch has raised €1.6m in the first close of its €3m seed funding round to advance ITZ-DerMap, its microneedle patch for nail fungus. The Cork-based biotech is developing microneedle therapeutics, with its lead programme focused on onychomycosis, commonly known as nail fungus. ArrayPatch’s DerMap platform uses pain-free microneedle patches made up of tiny needles that [...]
Aerska has raised US$39m to develop RNA interference drugs targeting genes linked to Alzheimer’s and Parkinson’s. The Dublin-based biotech is developing medicines that use RNA interference, a method that can switch off harmful genes involved in neurological diseases. The raise brings Aerska’s total funding to US$60m, following an €18m seed fundraising announced last year. [...]
Eikon Therapeutics has raised US$381.2m in an IPO, selling 21.2m shares at US$18 each. The shares were priced at the top of the company’s targeted US$16 to US$18 range. The offering comes as IPO activity shows signs of picking up in 2026, following a government shutdown in October of the previous year that forced many [...]
Stratus Medical has raised US$10m to complete development of its lower back pain treatment technology for interventional radiology. Founded in 2019 and based in Texas, the company makes tools for interventional radiologists and other providers performing radiofrequency heat lesion procedures for lower back pain. Radiofrequency heat lesion procedures use heat to destroy nerves that are [...]
Gardia has raised €8.5m in series A funding for its AI fall-detection wristband for older adults. The Germany-based healthtech company has developed a mobile emergency system worn on the wrist that automatically detects falls and works indoors and outdoors without needing a smartphone. The funding will be used to accelerate Gardia’s expansion across the DACH [...]
Lotus Health has raised US$35m in a series A round to expand its "AI doctor", which provides free, round-the-clock primary care. Together with a seed round, the company said this brings its total funding to US$41m. The company said it will use the funding to build out its infrastructure, clinical team and runway for its [...]
Over-60s health startup Lateral has secured £2.5m in seed funding from UK backers. The funding round was led by UK fintech investor Augmentum with support from Triple Point and TinyVC. Lateral, a nine-strong team, said it has identified a gap in the market among the over 14m people in the UK aged 60 [...]
