Investing

Two people shaking hands in front of a big window with six other people watching
By  Jessica Hagen and Anthony Vecchione 02:29 pm December 23, 2024
MobiHealthNews asked executives from across the digital health landscape to look into their crystal balls and closely examine how digital health investments will materialize in 2025. The exec highlighted how AI and data, return on investment, sustainability, merger and acquisition activity, and the administration's choices for HHS, CMS, and the FDA may influence the everchanging funding...
Oura Ring
By  Anthony Vecchione 12:56 pm December 20, 2024
Health-tracking ring maker Oura announced it closed a $200 million Series D funding round led by Fidelity Management & Research Company and Dexcom. The investment raises the company’s valuation to $5.2 billion. WHAT IT DOES The Oura Ring hosts a number of different sensors designed to monitor a wearer's health while sleeping or engaging in physical activities. They include an NTC body-...
Person speaking to healthcare provider on a tablet
By  Jessica Hagen 02:37 pm December 19, 2024
New Jersey-based Culina Health, a digital platform offering clinical nutrition care, has secured $7.9 million in Series A funding in a round led by Healthworx, which is the innovation and investment arm of Blue Cross Blue Shield insurer CareFirst. Collab Capital, Collide Capital, Rethink Impact, Vamos Ventures, Cake Ventures, GW Ventures and Tensility Venture Partners also participated in the...
Two people sitting across from each other at a desk shaking hands
By  Jessica Hagen 11:21 am December 16, 2024
Precision Neuroscience, a brain-computer interface company that connects AI with human intelligence, announced it closed a $102 million Series C funding round led by General Equity Holdings, bringing its total raise to $155 million. Steadview Capital, B Capital and Duquesne Family Office, the investment firm of Stanley F. Druckenmiller, participated in the round.  The funding comes less than two...
Healthcare provider standing next to a patient while looking at a tablet
By  Jessica Hagen 01:38 pm December 13, 2024
Wavegate Corporation, a company that makes neuromodulation technology for chronic pain management, has secured $26 million in a Series A funding round led by UCEA Capital Partners Ltd.  WHAT IT DOES  The Louisiana-based company offers its Ellipse Spinal Cord Stimulator Platform for treating chronic pain. The platform includes the company's patented and FDA-cleared StimuLux technology, which uses...
Three people standing in front of a large board showing the world map
By  Jessica Hagen 09:00 am December 12, 2024
Healthcare data and analytics company Tuva Health has launched with $5 million in seed funding.  Virtue led the round, with participation from Y Combinator, Box Group and health tech angel investors.  WHAT IT DOES  Tuva Health provides tools for pharmaceutical companies, payers and providers to gather insights from EHR and claims datasets via an open-source data model.  The company will use the...
Five people sitting in a circle talking
By  Jessica Hagen 08:30 am December 12, 2024
Redesign Health, a company that builds, launches and finds funding for other healthcare startups, has closed a $175 million investment for a new fund focused on igniting the creation of healthcare companies. Declaration Partners, Euclidean Capital and True North Advisors participated in the round.  WHAT IT DOES Redesign has launched more than 60 health tech companies since its founding in 2018,...
Doctors performing surgery
By  Jessica Hagen 11:43 am December 11, 2024
California-based Capstan Medical, maker of robotic-enabled tools for heart valve disease, closed an oversubscribed $110 million Series C round led by Eclipse.  Existing investors Intuitive Ventures, Yu Galaxy, and new investor Gideon Strategic Partners, participated in the round.  WHAT IT DOES The company offers surgical robotics with catheter-based technology and implants to repair and replace...
Individual sitting on a couch and looking at a computer
By  Jessica Hagen 12:39 pm December 10, 2024
GPT-enabled conversational AI provider Hyro announced it finalized an extension of its Series B funding round. The company told MobiHealthNews that the total Series B funding equates to $35 million, bringing the company's total raise to $50 million.  Healthier Capital led the extension, joining the company's previous investors, Liberty Mutual, Macquarie Capital and Black Opal Ventures.  Amir Dan...
Person looking at their wrist wearable
By  Jessica Hagen 04:59 pm December 9, 2024
Editor's note: This article has been updated with a quote from Cala Health's CEO. Calif.-based Cala Health, the maker of wearable neuromodulation therapy, announced that it has completed the initial closing of an oversubscribed $50 million growth round. Vertex Growth Fund and Nexus NeuroTech Ventures coled the round, with participation by all the company's existing investors, including Johnson...