Pregnancy and postpartum care startup Ruth Health is closing its business after reflecting "on challenges ahead in a fragmented maternity care space where [it] failed to find scalable product market fit," the company's CEO said.
Ruth offered virtual pelvic floor physical therapy and lactation support, which could be accessed during pregnancy and after birth, as well as C-section recovery, which...
New York City-based startup Trovo Health, which offers an AI-powered platform backed by a multidisciplinary clinical team that assists providers with complex tasks, announced its launch with $15 million in seed funding.
Oak HC/FT led the round. Cofounder and managing partner at Oak HC/FT, Andrew Adams, will join Trovo's board of directors.
The company will use the funds to build its technology...
Pediatric telehealth startup Summer Health announced the close of a $11.65 million Series A raise led by 7wireVentures and Lux Capital.
Pivotal Ventures, a Melinda French Gates fund, participated in the raise, alongside existing investors Sequoia Capital, Box Group and Chelsea Clinton’s Metrodora Ventures.
Alyssa Jaffee, partner at 7wireVentures, Alfred Lin of Sequoia Capital, Deena Shakir of...
Scottish sensor technology startup Novosound secured a patent for its ultrasound instrumentation system, the Slanj digital platform, which is targeted at the medical and wearable-device market.
Novosound produces a wearable, WiFi-enabled ultrasound device that uses gel-free, high-resolution sensors to solve issues associated with traditional ultrasound technology.
The patent gives Novosound...
Pakistani telemedicine startup Sehat Kahani has gained $2.7 million in a Series A funding round led by the health tech fund Amaanah Circle from Singapore.
Epic Angels, Cross Fund, USAID Investment Promotion Activity, Augmentor, Impact Investment Exchange and the Elahi Group of Companies also participated in the funding round.
WHAT IT DOES
Founded in 2017 by two women doctors, Dr Sara Saeed...
In 1848, the California Gold Rush began, and with it, came dreams of wealth and prosperity. In seven short years, more than 300,000 people made their way to “The Golden State” to stake their claims. But for the majority, the hope of striking it rich never materialized. The truth was that California simply had far more dirt than gold.
In the end, the merchants and traders made all the money. Levi...
Humanity launched an iPhone app in the U.K. that claims to slow aging by tracking movement, nutrition, mental health and sleep data, and using that information to provide recommendations on reducing biological age.
According to TechCrunch, an Android version of the app is in progress, and the app will launch worldwide in early September.
“It's been an incredible journey for us, as we start to...
Special purpose acquisition companies, or SPACs, have taken the digital health market by storm over the past year and a half. Already in 2021 there have been more completed or announced public exits by digital health companies than for the entirety of 2020. What’s more, over 80% of them have been through SPAC mergers, according to a new Rock Health report.
For those not already on the SPAC...
After the digital health sector raised $13.8 billion in capital last year, it’s no wonder that everyone from established life sciences companies to budding startups is looking for a way to break into the market.
Achieving success takes more than a clever idea though, and according to a McKinsey report based on the business strategies of six digital health startups, it takes six steps to build a...
APEX Ventures has announced it is marketing its second fund and actively seeking digital health startups for investment.
The fund will be headed by partner Dr Gordon Euller, a radiologist who has previously worked at Medical University Vienna (AKH Wein), as well as at McKinsey & Company in London.
APEX Ventures also plans to issue a call, along with the Herman Hauser Investment Group, for...
