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...
RACCOON.WORLD RAISES FUNDING FOR PHYSIOTHERAPY TELEMEDICINE
EU-based digital physiotherapy startup, Raccoon.World has raised €660K in funding from Fast Track to Innovation (FTI). The money will be spent on further R&D, scientific research and certification of the renewed product, as well as potential partners.
The startups' platform, Raccoon.Recovery allows physiotherapy professionals to...
Infertility is a fairly common problem in the US. The CDC reports that about 10 in every 100 women in the country has difficulty becoming or staying pregnant.
This has given rise to the emerging ‘FemTech’ industry, and in particular fertility tech, digital products designed to support individuals looking to get pregnant. Recently, venture capital firm Octopus released a report outlining the...
Yesterday morning addiction focused digital therapeutic Quit Genius scored $11 million in Series A funding. Octopus Ventures led the round with participation from Y Combinator, Startup Health and Triple Point Ventures.
This brings the company's total funding pot to $13.5 million.
WHAT THEY DO
The company is geared at treating individuals with tobacco-, opioid- and alcohol-use disorder through...
Investment into mental health technology has boomed, reaching £580 million in 2019, according to a study by early stage investor Octopus Ventures.
The research, based on analysis of the latest Pitchbook data, shows an almost five-fold increase in mental health tech investment in the last six years, rising from £120 million in 2014.
Octopus says this trend is down to corporates increasingly...
Adherium, the Australia-based, AstraZeneca-backed smart inhaler company, has hired a new CEO. Arik Anderson will head up the company, while former CEO Garth Sutherland steps down into an executive director role on the company's board. Anderson has a background in executive roles at medical device companies, most recently serving as president of perfusion and surgical devices at Terumo...
Medication adherence startup MediSafe has raised $14.5 million in a round led by Octopus Ventures and M Ventures (the venture arm of Merck Pharmaceuticals), with participation from existing investors Pitango Venture Capital, 7wire ventures, lool Ventures, TriVentures and Qualcomm Ventures. The company also announced that it will begin expanding into Europe using some of the funds.
"We’re...
Big Health, the UK digital health startup behind sleep health app Sleepio, has raised $12 million (9.5 million pounds) in a round led by Octopus Ventures. Kaiser Permanente Ventures also contributed to the round, as did Omada Health CEO Sean Duffy, returning investor Index Ventures, and JamJar Investments. The startup's app is not direct-to-consumer, Big Health sells its sleep health program and...
