Investments in the digital health sector dipped substantially last year compared to the prior year, from $15.3 billion in 2022 to $10.7 billion in 2023. While funding in the industry has decreased, so has the need to rethink how digital therapeutics are created to ensure clinical effectiveness and company longevity.
Dr. Guido Giunti, leader of the digital therapeutics research group at the...
Return on investment and clinical validation will be the most significant indicators for success for digital health companies in 2023, according to a survey by investment firm GSR Ventures.
The survey, which included responses from more than 50 investors, found that more than 94% deemed ROI to be "important" or "very important" to a digital health company's success, and 79% said clinical evidence...
Swiss healthtech focused private equity firm, MTIP has announced the closing of its MTIP Fund II at $250 million (€221m) in capital commitments.
The oversubscribed fund, which closed above its target of $225 million (€199m), continues its predecessor fund’s strategy of investing in growing and innovative healthtech companies primarily across Europe.
MTIP Fund II is a designated ‘dark green’ fund...
Aevice Health, a Singapore-based medical technology company, has raised S$2.8 million ($2.1 million) from a pre-Series A funding round participated by Toho Holdings, Pureland Group Venture, Silicon Solutions Partners, AIP Ventures and SEEDS Capital of Enterprise Singapore.
WHY IT MATTERS
A spin-off from Nanyang Technological University, Aevice Health creates non-invasive wearable devices that...
Indonesian health startup Prixa has raised $3 million in an investment round led by Telkom Indonesia's MDI Ventures and Trans-Pacific Technology Fund and joined by publicly-listed Siloam Hospitals Group.
WHY IT MATTERS
The fresh funds will be used to scale its platform and user base while supporting its existing B2B customers and improving healthcare access and digital health transformation in...
This week San Francisco-based Ringadoc announced an additional $700,000 in funding for its seed round, which combined with its previously raised $1.2 million, brings its total round of funding up to $1.9 million. While Founders Fund's FF Angel led the round, the new $700,000 comes from Los Angeles-based Siemer VC, Telegraph Hill Group, and Dr. Lyle Dennis, who is the Chief of Neurology at Bon...