Investing

Deep Bio's prostate cancer analysis AI
By  Adam Ang 02:47 am September 13, 2024
Pharmaceutical and diagnostics giant Roche has recently integrated a suite of AI algorithms into its enterprise digital pathology software. The company has collaborated with South Korean firm Deep Bio to power the navify digital pathology platform with the prostate cancer analysis AI solution, DeepDx Prostate. The AI technology provides pathologists with gland-level Gleason grading, measurements...
Person standing in their living room next to a lot of boxes while holding a phone
By  Jessica Hagen 04:26 pm September 10, 2024
Viome Life Sciences announced a $25 million internal Series D and the appointment of its new chief operating officer, Kal Raman. Khosla Ventures, Marc Benioff, Bold Capital WRG Ventures and others participated in the round.  Raman joins Viome as COO after previously holding the position of senior vice president of non-media business, marketing and retail technology at Amazon and chief digital...
Two individuals sitting in a home looking at each other while wearing face masks
By  Jessica Hagen 12:18 pm September 9, 2024
Vesta Healthcare, a virtual care company for individuals receiving home care, closed a $65 million Series C round with new debt financing. RA Capital Management led the round with participation from Chrysalis Ventures, Oak HC/FT, CareCentrix/Walgreens, Deerfield Management, Kaiser Permanente Ventures, Nationwide, Lux Capital and Generator Ventures.  Horizon Technology Finance Corporation, a...
Numerous people sitting in a courtyeard looking at something out of frame
By  Jessica Hagen 01:10 pm September 5, 2024
Thatch, an employer-focused health benefits platform, announced it secured $38 million in a Series A funding round led by General Catalyst and Index Ventures.  New investors SemperVirens and the General Partnership participated in the round, as did existing investors Andreessen Horowitz (a16z) and Avid Ventures. WHAT IT DOES Thatch offers employers ICHRA benefits plans that allow them to set a...
Person looking at smartphone health information
By  Anthony Vecchione 03:45 pm September 3, 2024
Doccla, a provider of virtual ward and remote patient monitoring services, secured £35 million ($38.6 million) in an oversubscribed Series B funding round.  Lakestar led the round, with participation from Elaia and existing investors General Catalyst, which previously led its Series A round in 2022, and Speedinvest and Bertelsmann Investments, which co-led Doccla’s 2021 seed round alongside Giant...
Ben Robbins, general partner at GV (Google Ventures)
By  Jessica Hagen 01:39 pm August 29, 2024
Ben Robbins, general partner at GV (Google Ventures), sat down with MobiHealthNews to discuss how the multibillion-dollar venture firm invests in digital health companies, AI's place in healthcare and how government fits into the sector.  MobiHealthNews: How do you decide which companies to invest in? You have a background in psychiatry. Does that influence what captures your attention in a...
Holly Maloney, managing director at General Catalyst
By  Jessica Hagen 01:23 pm August 27, 2024
Holly Maloney, managing director at General Catalyst, says there has been a shift from the exuberant investments made during the COVID era to a more stable and strategic funding environment, creating a healthy investment climate for long-term growth and innovation. Maloney sat down with MobiHealthNews to discuss how this shift has affected General Catalyst's strategic evolution in digital health...
Two people sitting next to each other at a desk while looking at a tablet
By  Jessica Hagen 04:44 pm August 26, 2024
Solace, a healthcare navigation platform, announced it secured $14 million in Series A funding, bringing its total raise to $21 million. Inspired Capital led the funding round with participation from existing investors Torch Capital and Craft Ventures and new investors Coalition Operators, Anne Wojcicki, the late Susan Wojcicki and RiverPark Ventures.  WHAT IT DOES Solace, founded in 2022,...
A doctor reviewing a patient's record on a laptop computer
By  Adam Ang 09:59 pm August 22, 2024
More APAC leaders to invest in genAI: report Asia-Pacific will see increased investment in generative AI technology over the coming years.  In the ninth edition of Royal Philips' Future Health Index report, over six in 10 APAC leaders polled said they plan to invest in genAI in the next three years. At present, almost 40% of them have already invested in the technology.  While there is great...
Person sitting in a chair while looking at a tablet
By  Anthony Vecchione 01:31 pm August 22, 2024
Mindset Care, a platform that streamlines the application process for Social Security disability benefits for people with mental illnesses and their caregivers, secured $13 million in funding. Science Inc. led the round, with participation from Tubbs Ventures, Wellington Management, XYZ, LiveEdge Capital and Enable Ventures. The company was launched from Science Inc.’s startup studio. WHAT IT...