Back-to-back news over the past few years since the recent pandemic reported on the aggressive global expansion of South Korean companies in the medical imaging AI space.
From securing regulatory approvals to closing national and regional-scale distribution and partnerships, these innovators (such as Lunit, VUNO, and Coreline Soft) seemed to have convinced health systems worldwide of the...
In November 2021, California-based virtual reality-therapeutic company AppliedVR became the first medical extended reality (XR) company to be granted FDA De Novo clearance for a virtual reality healthcare product.
AppliedVR's RelieVRx (formerly EaseVRx) is a fully immersive VR experience designed to help individuals manage chronic low back pain and provide a non-pharmacologic option for pain...
San Francisco-based health data analytics company Innovaccer scored $275 million in a Series F funding round, which was a combination of primary and secondary funding.
The round brings the company's total funding to $675 million.
WHAT IT DOES
Innovaccer, founded in 2014, works with life sciences companies, government organizations, providers and payers.
Its Healthcare Intelligence Cloud is a...
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, announced it closed a $141 million Series B round, bringing its valuation to $1.64 billion.
Kleiner Perkins, the venerated VC firm that backed Amazon, Genentech and Google, led the round. Existing investors SV Angel, Premji, General Catalyst, a16z, NVIDIA, Universal Health Services and...
Alice Zheng, partner at women's health-focused venture capital firm Foreground Capital, sat down with MobiHealthNews to discuss women's health funding in 2025–and the changing investment environment around the sector.
MobiHealthNews: Tell me about your work in women's health and your investments.
Alice Zheng: I'm a partner at a fund called Foreground Capital, which invests exclusively in women's...
Julia Strandberg, executive vice president and chief business leader of connected care at Royal Philips, told MobiHealthNews that key healthcare trends in 2024 included advancements in home-based care and digital health reimbursement.
While these innovations aim to improve patient outcomes, she said, challenges remain in scaling care delivery and aligning incentives. However, progress in...
Lotte, one of South Korea's biggest conglomerates, is liquidating its digital healthcare business this year.
Late in December, the company decided in a shareholders' meeting to close Lotte Healthcare, which it opened in April 2022 with a 70 billion won ($45 million) investment.
Alongside liquidating Lotte Healthcare, the conglomerate also decided to sell its joint venture, Theragen Health, which...
When asked by MobiHealthNews how they see AI's place in the sector changing in 2025, executives explained how the focus of AI will shift from what it can do to what it does, and the role the technology can play in extending current provider capacity via clinical decision support, ambient charting, inbox management and streamlining care operations.
Some leaders said AI will revolutionize how...
San Francisco-based data intelligence and AI provider Databricks has raised $10 billion of expected non-dilutive financing in a Series J funding round, completing $8.6 billion to date. The new funding brings the company's valuation to $62 billion.
Thrive Capital, Andreessen Horowitz, GIC, WCM Investment Management, Insight Partners and DST Global coled the round, with participation from existing...
