Investor

Oura Ring
By  Anthony Vecchione 12:56 pm December 20, 2024
Health-tracking ring maker Oura announced it closed a $200 million Series D funding round led by Fidelity Management & Research Company and Dexcom. The investment raises the company’s valuation to $5.2 billion. WHAT IT DOES The Oura Ring hosts a number of different sensors designed to monitor a wearer's health while sleeping or engaging in physical activities. They include an NTC body-...
Five business people sitting on chairs in a circle
By  Jessica Hagen and Anthony Vecchione 11:54 am December 20, 2024
MobiHealthNews reached out to executives from across the digital health landscape and questioned them about unexpected and impactful occurrences from the past year.  Leaders singled out the closing of retail clinics, challenges in the Medicare Advantage market, the FDA's concerns about off-label advertising, the wide variety of AI use cases and the plethora of uses for GLP-1s beyond weight...
Person speaking to healthcare provider on a tablet
By  Jessica Hagen 02:37 pm December 19, 2024
New Jersey-based Culina Health, a digital platform offering clinical nutrition care, has secured $7.9 million in Series A funding in a round led by Healthworx, which is the innovation and investment arm of Blue Cross Blue Shield insurer CareFirst. Collab Capital, Collide Capital, Rethink Impact, Vamos Ventures, Cake Ventures, GW Ventures and Tensility Venture Partners also participated in the...
Healthcare professional in scrubs looking at a tablet
By  Jessica Hagen 12:30 pm December 19, 2024
As 2024 comes to a close, MobiHealthNews asked executives from across the digital health sector about their biggest surprises and most noteworthy events from the year.  The execs highlight AI's potential, oncology imaging breakthroughs, nutrition's role in healthcare, inflated AI valuations, cyberattacks and policy shifts, emphasizing the need for practical integration, patient trust and system...
Business officials shake hands to close a deal
By  Adam Ang 07:36 pm December 17, 2024
Toronto-listed HEALWELL AI is making a multi-million-dollar purchase of New Zealand-based Orion Health to combine their capabilities in data infrastructure and AI.  The Canadian healthcare AI company signed a deal to acquire Orion Health, which offers health data management solutions, for CA$165 million or NZ$200 million ($115 million).  The transaction, advised by JP Morgan, is expected to close...
Three healthcare professionals sitting at a table talking
By  Jessica Hagen and Anthony Vecchione 12:49 pm December 17, 2024
MobiHealthNews queried health executives from across the digital health industry and asked them for their insights into key issues impacting health systems and patients. In part two of this two-part series on the year's biggest takeaways, executives discuss topics ranging from smart monitors to advances in telehealth, wearables and the direct-to-consumer movement.  Amit Khanna, senior vice...
Two people sitting across from each other at a desk shaking hands
By  Jessica Hagen 11:21 am December 16, 2024
Precision Neuroscience, a brain-computer interface company that connects AI with human intelligence, announced it closed a $102 million Series C funding round led by General Equity Holdings, bringing its total raise to $155 million. Steadview Capital, B Capital and Duquesne Family Office, the investment firm of Stanley F. Druckenmiller, participated in the round.  The funding comes less than two...
Healthcare provider standing next to a patient while looking at a tablet
By  Jessica Hagen 01:38 pm December 13, 2024
Wavegate Corporation, a company that makes neuromodulation technology for chronic pain management, has secured $26 million in a Series A funding round led by UCEA Capital Partners Ltd.  WHAT IT DOES  The Louisiana-based company offers its Ellipse Spinal Cord Stimulator Platform for treating chronic pain. The platform includes the company's patented and FDA-cleared StimuLux technology, which uses...
Healthcare provider holding a tablet
By  Jessica Hagen 12:33 pm December 12, 2024
MobiHealthNews asked executives from across the digital health industry – in places from Fortune 500 companies to emerging startups – to share their biggest takeaways from 2024. Their responses highlight a diverse range of perspectives and insights. In part one of this two-part series on the biggest takeaways of the year, explore executives' thoughts on key trends, including the growing focus on...
Three people standing in front of a large board showing the world map
By  Jessica Hagen 09:00 am December 12, 2024
Healthcare data and analytics company Tuva Health has launched with $5 million in seed funding.  Virtue led the round, with participation from Y Combinator, Box Group and health tech angel investors.  WHAT IT DOES  Tuva Health provides tools for pharmaceutical companies, payers and providers to gather insights from EHR and claims datasets via an open-source data model.  The company will use the...