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By  Adam Ang 10:21 pm July 21, 2024
AIRS Medical bags $20M to take more global markets Korean medical AI company AIRS Medical has raked in $20 million in a Series C funding round led by BSK Investment and Shinyoung Securities.  Based on a press statement, the company will use its fresh funds to continue its global expansion and invest in R&D.  Last year, AIRS Medical launched its flagship product, SwiftMR, in the United States...
By  Dave Muoio 10:48 am September 3, 2020
Biofourmis, a Boston-based predictive-care startup that's leaning more and more into digital therapeutics, has wrapped up $100 million in Series C financing. The raise was led by SoftBank Vision Fund 2, and also saw contributions from prior backers Openspace Ventures, MassMutual Ventures, Sequoia Capital and EDBI. With this major jump from last May's $35 million Series B, the company is now...
By  Dave Muoio and Laura Lovett 03:27 pm June 5, 2020
The deaths of George Floyd, Breonna Taylor, Ahmaud Arbery and others have lit a powder keg in the U.S. and abroad, leading to nearly two weeks of protests and demonstrations that highlight the pervasive and long-standing issues of racism, racial inequality and police brutality.  As public pressure mounts on those in positions to create change, a number of technology and health organizations have...
By  Dave Muoio 02:47 pm January 30, 2020
Alto, a digital pharmacy and drug delivery company, will announce next week the close of a $250 million Series D funding round headed by SoftBank’s Vision Fund 2, Reuters and others reported this morning. Greenoaks Capital, Jackson Square Ventures and other prior backers also participated in the round. This round would bring Alto’s total raise to more than $350 million, and its valuation to more...
By  Dave Muoio 12:10 pm June 17, 2019
Collective Health, an employee benefits platform that uses predictive analytics to match employees with programs, has raised $205 million in a Series E funding round led by SoftBank. New backers PSP Investments, DFJ Growth and G Squared also participated alongside returning backers Founders Fund, GV, Maverick Ventures, Mubadala Ventures, NEA and Sun Life. WHAT THEY DO Since its launch in 2013,...
By  Dave Muoio 01:48 pm June 12, 2019
Gympass, a platform that offers fitness classes through an employer’s benefits program, announced today new strategic funding led by SoftBank’s Vision Fund Lain America Fund, and support by previous backers such as General Atlantic, Atomico and Valor Capital Group. Bloomberg and others are pegging the investment at $300 million, lending the startup a $1 billion-plus valuation when taking its...
By  Aditi Pai 09:26 am May 12, 2015
New York City-based startup Talkspace, which offers therapy sessions via the web and mobile devices, has raised $9.5 million in a round led by Spark Capital, with participation from SoftBank, according to TechCrunch. Existing investors Metamorphic Ventures and TheTime also participated. This brings the company's total funding to at least $13 million. Talkspace's app, available on iOS and Android...