Astarte Medical, a Yardley, Pennsylvania digital health startup focusing on infant microbiome health, has raised a $5 million Series A from a large stable of investors including Viking Global Investors, Lunsford Capital, OCA Ventures, Keiretsu Forum MidAtlantic, Keiretsu Capital Fund, Ben Franklin Technology Partners, Wing VC and Next Act Fund. This is the company's first institutional round, but...
VitalTrax, a Philadelphia-based startup focused on patient engagement in clinical trials, has received a $150,000 seed investment. It is the first investment from a new $6 million digital health fund, launched this past December, led by Ben Franklin Technology Partners, Safeguard Scientifics, and Independence Health Group.
"With its strong leadership and dedication to consumerizing the...
Independence Health Group, the parent company of Independence Blue Cross, will be one of three companies to pitch in $2 million toward a new funding initiative for early stage digital health companies in Philadelphia. Investor/accelerator groups Ben Franklin Technology Partners and Safeguard Scientifics will also pitch in $2 million each, making a total of $6 million available.
"While we will...
