Pregnancy and postpartum care startup Ruth Health is closing its business after reflecting "on challenges ahead in a fragmented maternity care space where [it] failed to find scalable product market fit," the company's CEO said.
Ruth offered virtual pelvic floor physical therapy and lactation support, which could be accessed during pregnancy and after birth, as well as C-section recovery, which...
Pediatric telehealth startup Summer Health announced the close of a $11.65 million Series A raise led by 7wireVentures and Lux Capital.
Pivotal Ventures, a Melinda French Gates fund, participated in the raise, alongside existing investors Sequoia Capital, Box Group and Chelsea Clinton’s Metrodora Ventures.
Alyssa Jaffee, partner at 7wireVentures, Alfred Lin of Sequoia Capital, Deena Shakir of...
Scottish sensor technology startup Novosound secured a patent for its ultrasound instrumentation system, the Slanj digital platform, which is targeted at the medical and wearable-device market.
Novosound produces a wearable, WiFi-enabled ultrasound device that uses gel-free, high-resolution sensors to solve issues associated with traditional ultrasound technology.
The patent gives Novosound...
Safety-focused large language model company Hippocratic AI announced the closing of an oversubscribed $53 million Series A funding round, bringing its total raise to $120 million.
The funding brings the valuation of the company to $500 million.
The round was co-led by General Catalyst and Premji Invest, with participation from Memorial Hermann Health System and SV Angel.
Additional investors...
ORLANDO – Pawan Kohli, strategic advisor at Redesign Health, spoke at HIMSS24 Venture Connect on experiencing failure and the lessons startups can learn to ensure they thrive in an ever changing digital health market.
Global digital health funding was cut substantially in 2023 compared with 2022, while deals dropped to the lowest level since 2016. Additionally, there were just three mega-rounds...
An APAC study on healthcare technology startups provides insights into how the COVID-19 pandemic has affected the sector.
The report also reveals how SMEs can be supported to overcome the common challenges they face in upscaling and growth.
Titled "Asia Pacific's Healthcare Technologies Ecosystem: Enhancing Start-up and SME success," the Medtronic-Economist Impact whitepaper was released...
An auditory training startup in Australia has bagged a $20,000 services package from Queensland-based digital marketing and branding firm Guerilla. Elliot Miller, founder of Hearoes, recently took home the Founder of the Year award from the 14-week Lumina-X HealthTech Accelerator programme for startups in the healthcare industry.
WHAT IT DOES
Hearoes was borne out of Miller's experience with his...
Forty-one startups have been selected to participate in the H+ Digital Health Innovation Programme which starts on 16 September 2020.
The programme is jointly organised by the InsurTech Hub Munich and the dmac/Digital Health Hub Nuremberg/Erlangen.
During the "Business Development Weeks" the main focus will be on establishing business relationships and developing their own business model.
There...
Kistein Monkhouse, CEO and cofounder of Patient Orator, and Dr. Tamir Wolf, CEO and cofounder of Theator, join host Jonah Comstock and MobiHealthNews Managing Editor Laura Lovett to discuss disparate health outcomes for racial minority groups, how their startups are looking to address these inequities, and what else those in the healthcare industry can do to help.
More about this episode:...
A study found at least 34 ongoing COVID-19 projects from European medtech startups aimed at supporting healthcare professionals.
The analysis was carried out by Oxford University data visualisation spin-out Zegami through Google searches and talking to people in the industry.
UK-based companies topped the list, with a total 11 ongoing projects. This includes a project from Zegami which uses X-...