Rural-focused e-clinics chain CureBay scored another Rs 620 million ($7.5 million) in funding as part of a Series A round led by Elevar Equity. This comes on top of the first $6 million it raised in 2022.
According to their press release, the additional funds will be used to invest in their membership programme by hiring over 200 data scientists and experts in pharmacy and diagnostics. It will...
Elephas, an oncology-focused diagnostics platform, announced it secured $55 million in Series C funding, bringing its total raise to $116.5 million.
Venture Investors Health Fund and the State of Wisconsin Investment Board (SWIB) led the round.
Existing investors Northpond Ventures, Moore Strategic Ventures, WARF Ventures, Tao Invest, Sands Capital and ARCH Ventures also participated in the...
Tech-enabled heart disease detection company CardioSignal announced it secured $10 million in Series A funding, bringing its total raise to $23 million.
DigiTx Partners led the round. Sandwater also participated, alongside existing investor Maki.vc.
Dr. David J. Kim., managing director of DigiTx, will join CardioSignal's board of directors.
WHAT IT DOES
CardioSignal uses gyroscope and...
AI-enabled, family-powered autism therapy company Forta announced it closed a $55 million Series A funding round led by Insight Partners.
Alumni Ventures and Exor Ventures also participated in the round, as well as the founders of Forward, Flexport, Curative, 23&Me, Prelude Fertility, Warby Parker, Harry's and Allbirds.
WHAT IT DOES
Forta combines AI and LLMs with a 50-hour training course...
Venture capital firm General Catalyst announced its recently formed business venture Health Assurance Transformation Corporation (HATCo) intends to purchase Ohio-based Summa Health, a nonprofit healthcare system with over 30 locations throughout the Akron and Canton areas.
Summa Health, founded in 1989, is an integrated delivery system that has been operating for over 130 years. It was formed...
Editor's note: Since the release of this article, General Catalyst has announced its intent to purchase Ohio-based healthcare system Summa Health.
Digital health stakeholders need to renew their focus on getting back to the basics, such as improving care access, outcomes, cost and workforce retention, says Holly Maloney, managing director at General Catalyst.
Maloney joined MobiHealthNews to...
Harbor Health, a Texas-based primary care clinic group that offers virtual and in-person care, announced it scored $95.5 million in funding, led by General Catalyst, with participation from Alta Partners and 8VC.
The investment brings the company's total raise to more than $128 million.
The funds will be used to grow its services and expand its specialty care offerings, including designing...
Boston-based virtual reality platform XRHealth announced it secured $6 million in funding, led by Asabys Partners, with participation from NOVA Prime Fund and the company's current investors.
WHAT IT DOES
XRHealth's platform allows patients with stress and anxiety, chronic pain, fibromyalgia, and neurological conditions to connect with a provider via telehealth and receive recommended therapies...
VMocion, a technology company focused on allowing users to "feel" the motion they see in extended reality (XR) experiences, announced it secured $3 million in seed funding.
AZ Crown and Mayo Clinic participated in the round.
Eric Crown of Insight Enterprises will join the company's board of directors.
WHAT IT DOES
VMocion's 3V technologies provide users with a sense of physical motion while in...
Veradigm, a data-driven healthcare technology company, announced it acquired revenue cycle optimization platform Koha Health the same day law firm Robbins Geller Rudman & Dowd LLP announced it filed a class action lawsuit against the health technology company on behalf of its investors.
The class action lawsuit was filed against Veradigm on behalf of purchasers of the company's common stock...
