investment

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By  Jessica Hagen 10:19 am October 14, 2022
NeuroFlow, a behavioral health company, secured a $25 million investment led by growth equity impact investor SEMCAP Health. The company raised $7.5 million in a Series A funding round in 2019 and $20 million in Series B financing in 2021. WHAT IT DOES NeuroFlow's cloud-based platform allows healthcare providers to track, assess and connect with patients between traditional office visits. The...
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By  Emily Olsen 12:39 pm January 13, 2022
Health tech companies raised $39.7 billion across 1,186 deals in 2021, more than double 2020's $18.1 billion, according to Silicon Valley Bank's Healthcare Investments and Exits report. The hefty number from last year was four times higher than the average annual investment from 2018 and 2019, which clocked in at $11 billion. The report notes 60% of funding came from 105 "mega-rounds," deals...
By  Tammy Lovell 01:32 am April 1, 2020
London-based startup Air Doctor, has raised a Series A funding round of $7.8 million from Kamet Ventures – the AXA-backed venture builder – and The Phoenix Insurance Company. This latest round follows Air Doctor’s seed round of $3.1 million in July 2018. WHAT THEY DO Founded in 2016, Air Doctor connects travellers who fall sick abroad with local private physicians who are skilled at treating non-...
By  Leontina Postelnicu 07:23 am February 14, 2020
Alzheimer’s Research UK is launching a project to improve early detection of neurodegenerative diseases such as Alzheimer's through the use of technology, the charity announced on 11 February. Having already secured funding from Microsoft founder and philanthropist Bill Gates, as well as the Iceland Foods Charitable Foundation, the plan is for the initiative to attract up to £100m over the course...
By  Tammy Lovell 12:29 pm January 31, 2020
Health tech venture-backed investments continued strong in 2019, hitting a record and cementing health tech as the fastest growing healthcare sector, according to a report by Silicon Valley Bank (SVB). The Healthcare Investments and Exits Report predicts that health tech investments in Europe and the US will continue to rise in 2020, driven by provider operations and alternative care companies....
By  Leontina Postelnicu 04:14 am October 22, 2019
It’s no secret that the tech industry has a diversity problem. In June, a magazine featured an image of 15 male executives from Silicon Valley, who were meeting in Italy, in which two female tech entrepreneurs were photoshopped in after the fact. While many in the industry are waking up to the issue, with some jumping on the bandwagon and others remaining behind, a number of innovators are...
By  Leontina Postelnicu 06:57 am August 15, 2019
German startup secures funding. Berlin-based digital health startup mika has landed a seven-figure financing deal from venture capital firm Ananda Impact Ventures and VC Fonds Technologie Berlin, managed by the IBB investment company. The exact sum was not disclosed to the media. The startup, founded in 2017 by Dr Gandolf Finke and Dr Jan Simon Raue, has developed an app to support cancer...
By  Leontina Postelnicu 06:09 am August 8, 2019
NHSX, the new unit for digital, data and technology, and the Accelerated Access Collaborative, the umbrella organisation for UK health innovation, are setting up a national AI lab in what is seen as the latest effort to move the NHS into the digital age. WHAT HAPPENED Health and social care secretary Matt Hancock unveiled the plans this week, with the new lab set to be supported by a £250m fund...
By  Leontina Postelnicu 03:36 am June 12, 2019
Last week, Santosh Mohan, managing director of the Brigham Digital Innovation Hub, cautioned during an Enterprise Insights Series event in Boston that the digital health market was still in its “early days”, with many expectations unfulfilled as of yet. “I want to say we are not in an investment bubble. I think the digital health solutions have started to show value and we are moving beyond...
By  Dean Koh 12:08 am April 26, 2019
China's Tencent Trusted Doctor, a venture backed by tech giant Tencent Holdings, announced that it had raised $250M in a fundraising round. The investment was led by Country Garden Holdings, Tencent Holdings and Sequoia Capital, Tencent Trusted Doctor said in a statement. The fundraising marked the first investment since the entity was formed through a merger of Tencent Doctorwork and Trusted...