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-...
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...
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...
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...
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...
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,...
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...
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...
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...
Former employees of California-based virtual healthcare provider HealthTap have filed a complaint in the State of Delaware against the company, venture firm Mohr Davidow Ventures (MDV), board members and executives, alleging that MDV orchestrated a process to dilute the company's valuation to become a majority controlling shareholder.
The lawsuit also names HealthTap board members and executives...
