Eleos, an AI behavioral healthcare company, announced it raised $60 million in a Series C funding round, bringing its total raise to more than $120 million.
The round was led by Greenfield Partners, with participation from existing investors F-Prime Capital, Eight Roads, Menlo Ventures and ION.
Additional investors include the Michael & Susan Dell Foundation, Union Tech Ventures and...
Neurotechnology company, Grey Matter Neurosciences, announced it secured $14 million in seed financing, which will be used to develop an ultrasound headset for individuals with Alzheimer's disease and test that device in clinical trials.
The financing was led by the Wittington Innovation Fund, with participation from Toronto Innovation Acceleration Partners, Ontario Brain Institute and Ontario's...
Lindus Health, a company that conducts end-to-end clinical trials for the life sciences sector, announced it raised $55 million in Series B Funding.
The round was led by Balderton Capital with participation from Visionaries Club and existing investors Creandum, Firstminute and Seedcamp.
WHAT IT DOES
Lindus Health offers fully integrated CRO (contract research organization) services and in-house...
DarioHealth, a digital chronic condition management platform, closed a $25.6 million private placement of convertible preferred stock, with most of the funds secured from existing shareholders.
The balance of the funds was provided by a network of accredited healthcare investors and executives from within the healthcare sector.
Private placement is a way for a company to sell debt or equity...
Cornerstone Robotics (CSR), a surgical robotics company, announced it raised more than $70 million in Series C funding.
EQT led the round, with participation from Qiming Venture Partners, Alpha JWC Ventures, the Innovation and Technology Venture Fund, eGarden Ventures, CTS Funds, K2VC, and Long-Z Capital.
WHAT IT DOES
CSR manufactures advanced surgical systems. In 2024, the company obtained the...
South Korean wearable robot heads to US
WIRobotics, a robotics manufacturer from South Korea, is set to launch its wearable gait assistance robot in the United States.
Called WIM (We Innovate Mobility), the wearable exoskeleton, launched last year, features different modes: assist, resist, hike, and slow walk. It comes with a companion mobile application that provides analysis of gait, including...
Qualified Health, a public benefit corporation that provides the infrastructure for generative AI in healthcare, has launched with $30 million in seed funding.
The funding round was led by SignalFire, Healthier Capital, Town Hall Ventures, and Frist Cressey Ventures, with participation from Intermountain Ventures, Flare Capital Partners, and other companies in the healthcare and technology...
Lotte, one of South Korea's biggest conglomerates, is liquidating its digital healthcare business this year.
Late in December, the company decided in a shareholders' meeting to close Lotte Healthcare, which it opened in April 2022 with a 70 billion won ($45 million) investment.
Alongside liquidating Lotte Healthcare, the conglomerate also decided to sell its joint venture, Theragen Health, which...
Executives highlighted AI's transformative potential in healthcare when asked by MobiHealthNews how they see AI's place in the sector changing in 2025.
Some expect multimodal AI and advanced diagnostic imaging to make significant strides next year, while others showcased AI's promise in improving diagnostics, addressing provider burnout, automating tasks, streamlining drug development and...
