In a surprising turn, Withings founder Eric Careel bought his company back from Nokia, two years after selling it for $200 million. The circumstances were fortuitous: Nokia was looking to offload the digital health business, which it had apparently come to see as a failed experiment.
Less than four months after the deal, the company has launched its first device in this newest iteration of the...
Merck Sharpe and Dohme (MSD), the UK subsidiary of US pharma company Merck and Co., has partnered with Wayan Open Future, a digital startup accelerator run by Spanish telecom company Telefonica to create a new digital health accelerator focused on preventative health.
Called Velocity Health, the new accelerator will offer a group of startups $48,800 (32,000 pounds) in funding plus an additional $...
San Francisco-based Omada Health, an online and mobile diabetes prevention program, raised $23 million in a round led by Andreessen Horowitz, with participation from Kaiser Permanente Ventures and return backers U.S. Venture Partners and The Vertical Group. This brings Omada Health's total funding to $28.5 million.
Omada Health's program, Prevent, lasts 16 weeks and aims to help those that are at...
