Halodoc, a health tech startup in Indonesia, recently raised US$80 million in a Series C funding led by a unit of Indonesian conglomerate PT Astra International.
The investing round was also supported by Singapore's Temasek, Telkomsel's venture arm TMI, Denmark-based Novo Holdings and Bangkok Bank.
WHY IT MATTERS
Proceeds from the funding round will be used for Halodoc's expansion of services and...
During the global pandemic, digital health has certainly turned the heads of provider organizations, but the investment numbers are, in and providers weren’t the only ones to take notice.
Six months into 2020, investors have poured a record-shattering $5.4 billion into the digital health industry, according to the latest Rock Health Report. [Last week MobiHealthNews published its biannual...
The European Institute of Innovation and Technology (EIT) Health Wild Card programme will bring together 45 participants to find solutions in areas of high unmet need within women’s health and digital therapeutics. The annual hackathon goes online in the wake of the COVID-19 pandemic and will run from 1– 10 July.
Beginning with two challenges set by EIT Health, the annual Wild Card programme...
To say that COVID-19 and recent social unrest have placed the economy in an unusual situation would be nothing short of an understatement. The past few months have seen tens of millions of Americans file for unemployment, businesses across the country shut down and tentatively resume services, major heated gatherings in the streets of major cities, and many policymakers still holding their breath...
EIT Health. EU-backed healthcare collaboration network EIT Health announced in December that it awarded nearly €6 million in funding to startups working to improve the diagnosis and treatment of conditions including heart disease and Parkinson’s. Over 100 early stage companies and SMEs from 14 countries in Europe received a grant last year to further their growth through the EIT Health Headstart...
As we do every quarter, MobiHealthNews has rounded up our Q2 2016 coverage into a handful of longform stories. This section is on funding. In the second quarter of 2016, MobiHealthNews tracked funding for health tech companies that totaled about $500 million, not including an $80 million raise from tech-savvy health insurance company Bright Health, which is given an honorable mention at the end...
If you look at the numbers alone, digital health mergers and acquisitions are pacing 2015's record-breaking year. MobiHealthNews tracked 18 acquisition deals during the first six months of 2016. The grand total from 2015 came to 37, which beat out 2014's 33 deals.
However, the first half of 2016 brought few big dollar acquisitions. Instead it included a number of small undisclosed acquisitions...
Investment in digital health for the first half of 2016 has reached $3.9 billion, breaking funding records and showing a robust market that is expected to continue growing, according to a midyear report by digital health network and accelerator StartUp Health.
The report found the first half of 2016 to post the largest mid-year total on record for the industry, besting both last year's $2.9...
At the MobiHealthNews 2016 event in San Francisco earlier this month, two investors shared tips for health tech startups assessing their first deployments with providers and payers. Kleiner Perkins’ Lynne Chou O’Keefe and Hearst Health Ventures’ Ellen Koskinas also offered up the names of some of the best early partners for health tech startups, pointed to a few areas of interest to their funds,...
Thanks to big $100 million-plus deals from digital health companies like Oscar, Flatiron Health and Jawbone, the amount of venture capital flowing into digital health during the first three months of the year puts 2016 on track to be a record year for funding. Digital health companies raised slightly more than $2 billion in Q1, according to CB Insights. Because of different scopes and definitions...
