Healthcare data and analytics and tech-enabled services will be the sectors most impacted by generative AI, according to a survey by investment firm GSR Ventures.
The survey, which included responses from more than 40 healthcare technology venture capitalists, found that over 71% believe ChatGAPT/GenAI changes their investment strategy "somewhat" or "a little." In contrast, 12% say it affects...
Senior care technology platform Sage raised $15 million in a Series A funding round led by Maveron.
Distributed Ventures, ANIMO Ventures and Goldcrest Capital also participated in the round. Natalie Dillion, partner at Maveron, will join Sage's board of directors.
Sage offers a coordinated-care platform for senior living communities that allows residents and their caregivers to connect with...
Global healthcare investment firm OrbiMed announced it raised more than $4.3 billion in commitments for its private investment funds – OrbiMed Asia Partners V, OrbiMed Royalty & Credit Opportunities IV and OrbiMed Private Investments IX.
A range of university endowments, pension funds, medical institutions, foundations, family offices and sovereign wealth funds invested in the funds.
WHAT IT...
Mesh Bio secures funding for refining digital twin engine
Singaporean startup Mesh Bio has received undisclosed funding from East Ventures to assist with its regional expansion.
The company is currently working on a digital twin solution for managing rising cases of chronic diseases, particularly in Southeast Asia, where 62% of all deaths in the region are due to non-communicable conditions. Mesh...
Ventricle Health, a virtual platform focused on cardiac care, secured $8 million in seed funding led by RA Capital Management with participation from Waterline Ventures alongside other investors.
The company offers value-based home and virtual cardiology care in support of Accountable Care Organizations, primary care practices and partners in Florida, Texas, Ohio and the Mid-Atlantic region. ...
Evident Vascular, a company creating AI-enabled intravascular ultrasound technology, announced its launch today with $35 million in Series A financing.
Vensana Capital led the round.
WHAT IT DOES
The California-based company devised AI-enabled transcatheter intravascular ultrasound technology that captures images inside a patient's blood vessels to evaluate vascular disease and enhance image...
Good Doctor collects $10M for Indonesia expansion
Telehealth startup Good Doctor has raised $10 million in a Series A funding round led by MDI Ventures. Existing investor Grab also joined this round.
In a statement, CEO Danu Wicaksana said the fresh funds will be used to develop its enterprise technology platform, as well as new products and services.
The fund will also help in its expansion...
Artificial intelligence could have profound implications for the field of oncology, concluded panelists speaking to journalist and moderator Katie Couric at the Constellation Forum 2023 at Northwell Health last week.
Dr. Richard Barakat, physician in chief and executive director of cancer services and research division at Northwell Health, noted that using AI in imaging will help radiologists and...
Hemant Taneja, CEO and managing director of venture capital firm General Catalyst, and Dr. Marc Harrison, former CEO of Intermountain Health, announced the formation of a new business venture owned by General Catalyst dubbed the Health Assurance Transformation Corporation (HATCo) that will see Harrison as its CEO.
The pair also announced the intent to buy a health system that will put technology...
Mental health platform Headway announced it closed a $125 million Series C funding round led by Spark Capital, boosting its valuation to more than $1 billion.
Existing investors a16z, Accel and Thrive participated in the round, as well as new strategic investors led by Health Care Service Corp.
Will Reed, general partner at Spark Capital, will join the company's board of directors.
WHAT THEY...
