Digital therapeutics (DTx) firm Sidekick Health today announced a raise of $55 million (€52M) in Series B funding.
The round was led by London-based venture capital firm Novator Ventures, with additional participation from Wellington Partners, Asabys Partners, and Frumtak Ventures, and a US-based strategic investor that will be revealed at a later stage.
WHAT IT DOES
Sidekick develops and...
German healthtech startup Avi Medical has raised €50 million in Series B funding for its telemedicine platform.
The round was led by Balderton Capital with participation from Heal Capital, Addition, Picus Capital, Vorwerk Ventures, Eurazeo and 3VC.
UiPath founder Daniel Dines and Forward Health Founder Adrian Auon also participated in the round. The latest funding brings the total raised by Avi...
Automata, an automation company helping life sciences innovate, diagnose and discover at scale, today announced a $50 million (£36.8M) raise in Series B funding.
The round was led by Octopus Ventures with participation from returning investors Hummingbird, Latitude Ventures, ABB Technology Ventures, Isomer Capital as well as strategic investors including In-Q-Tel.
WHAT IT DOES
The firm’s Automata...
Fertility startup ExSeed Health closes £2.5M seed round
Male fertility startup ExSeed Health has announced the closure of a £2.5 million seed extension round, led by Ascension with participation from Trifork, Hambro Perks, and R42 Group.
The investment will drive further European expansion for the firm, which has teams in London and Copenhagen.
ExSeed’s smartphone-based sperm testing kit does...
A $30 million (€26 million) extension has helped Ada Health to close its latest series B round at $120 million (€105 million).
Among the new investors from Europe and the US are Farallon Capital, Red River West, Bertelsman Investments and Schroders Capital, the latter with an acquisition of vehicles. With the funding provided, Ada Health plans to expand into the US healthcare market.
“Today’s...
A Nigeria-based company has just secured one of the largest funding rounds for an African healthtech venture to date.
Reliance Health, a digital health insurance provider that uses technology and data science to transform all aspects of the health insurance experience – from purchasing premiums to accessing care, for example – has closed a total of $40 million (€35 million) in Series B funding....
Wellster Healthtech Group announced that a total of $60 million (€53m) has been raised in a series B financing round.
The German startup seeks to build a digital telemedical platform for women’s health and achieve European market leadership in the isector.
WHY IT MATTERS
The announcement of another $20 million (€17.7m) funding comes six months after the first funding announcement worth $40...
Israeli medical device company, Butterfly Medical Ltd, has raised $7 million in a Series B round led by Philadelphia-based New Rhein Healthcare Investors.
Butterfly Medical successfully completed the enrolment of 49 patients to its multi-centre clinical study testing its implantable device for patients suffering from benign prostatic hyperplasia (BPH) or an enlarged prostate.
Follow-up results...
Swedish firm Joint Academy has raised $23 million in Series B funding for its clinical evidence-based digital treatment for chronic joint pain, which connects patients with licensed physical therapists.
The round was led by international investment company Kinnevik and participated in by existing investors Karl-Johan Persson (H&M chairman) and Alfvén & Didrikso. To date, the company,...
On Friday, health navigation platform Rightway Healthcare announced a $20 million Series B funding round led by Thrive Capital.
This news comes less than a year after the New York-based startup scored $8 million in its Series A round to expand its sales team and grow its products in new markets. Since the winter raise, the company has hired 50 new staffers and opened a new office.
As part of...
