Digital health is on the brain of some emerging entrepreneurs this year. Last week the Thiel Foundation announced its latest winners of its entrepreneurial technology fellowship, and among them were three candidates with a digital health focus.
“Healthcare is a difficult industry for young founders to break into — it's fractured and heavily regulated,” Allyson Dias, director of the Thiel...
Hello, a heavily hyped and funded Silicon Valley company focused on passive sleep monitoring, is shutting down according to multiple media reports and a medium post from founder James Proud. Hello's Sense device raised $2.4 million in a landmark crowdfunding campaign in 2014 and followed that with a total of $40 million in venture funds from Singapore investment firm Temasek and a slew of high...
Palo Alto, California-based G-Tech Medical, which is developing a wearable, disposable sensor patch for patients with gastrointestinal problems, has received funding from investor Peter Thiel's nonprofit fund, Breakout Labs. The grant was for $350,000. G-Tech is also looking to raise additional money to fund its next phase of development.
G-Tech's patches measure the electrical activity from the...