A $30 million (€26 million) extension has helped Ada Health to close its latest series B round at $120 million (€105 million).
Among the new investors from Europe and the US are Farallon Capital, Red River West, Bertelsman Investments and Schroders Capital, the latter with an acquisition of vehicles. With the funding provided, Ada Health plans to expand into the US healthcare market.
“Today’s...
French startup SafeHeal has closed a €40M financing round led by Sofinnova Partners, a European venture capital firm and Singapore-based medical device company, Genesis MedTech. The colovac device aims to ease digestive surgeries.
WHY IT MATTERS
With the funding secured, SafeHeal is to continue and accelerate a running clinical trial named SAFE-2 in the US and Europe which has already been...
Munich-based digital health company Temedica has announced that its newly launched data analytics platform Permea has closed its first deal in Germany.
The partner is NOVENTI Health SE, Germany’s largest provider of enterprise resource planning (ERP) systems for pharmacies and Europe’s largest billing centre in the healthcare sector.
WHY IT MATTERS
The first Permea partnership follows the launch...
US-company Spright is currently building up a drone-based delivery network for health care across the US with more than 300 locations.
The medical flight service provider has signed a purchase agreement with German drone pioneer Wingcopter worth $16 million (€14.4M).
The companies aim to meet the demand for medical drone services in the US with news of partnership being announcement last week....
SeqOne Genomics, a French digital health startup focused on genomic analysis solutions for personalised medicine, has announced a €20 million Series A funding round.
The round was led by Omnes, Merieux Equity Partners and the Software Club.
The investments will go straight into the company’s venture to accelerate machine learning adoption and big data integration with the vision to better support...
Wellster Healthtech Group announced that a total of $60 million (€53m) has been raised in a series B financing round.
The German startup seeks to build a digital telemedical platform for women’s health and achieve European market leadership in the isector.
WHY IT MATTERS
The announcement of another $20 million (€17.7m) funding comes six months after the first funding announcement worth $40...
The German Federal Institute für Drugs and Medical Devices (BfArM) has added a new digital therapeutic to its digital health applications (DiGA) directory for public reimbursement.
Cara Care is the first DiGA that addresses gastroenterological issues and widespread digestive health problems such as Irritable Bowel Syndrome (IBS), Inflammatory Bowel Disease (IBD), food and reflux intolerances.
The...
Seed funding of €2 million has been raised by medtech startup Inflow for its novel science-based app for ADHD patients, according to EU Startups.
Among the investors are Hoxton Ventures and Route 66 Ventures, along with angel investor Quit Genius.
WHY IT MATTERS
With the launch of their innovative app, the London-based founders Levi Epstein and Seb Isaacs want to enable ADHD patients to actively...
Scewo, a medtech company from Switzerland, has launched a pioneering technology for wheelchair users that has recently been approved as a medical aid in Germany.
According to a report from EU Startups the power wheelchair is the first of its kind that can climb stairs while using only two wheels. It has digital steering functions and will be further developed towards autonomous driving in the...
Doctolib, the French telemedicine pioneer, has announced that 300,000 medical professionals in Europe are now using the online booking platform and additional services on a monthly basis.
According to the news covered by Techcrunch, Doctolib also introduced newly launched tools for medical messaging and administration during a virtual press briefing.
WHAT’S THE IMPACT
Among the 300,000 users are...
 _0.jpeg?itok=AKSr2ePZ "Berlin startup addresses irritable bowel syndrome and other gastrointestinal problems with a digital therapy program.")
