Healthy aging

SpaceX building
By  Jessica Hagen 02:37 pm August 23, 2023
NASA announced that four astronauts will launch to the International Space Station (ISS) by August 25 on a six-month science expedition to perform research to improve healthcare options on Earth. Launched from the Kennedy Space Center, NASA's SpaceX Crew-7 astronauts will bring multiple research investigations sponsored by the ISS National Lab.  Among the various studies, researchers from the...
A person exercising on a Peloton treadmill
By  Jessica Hagen 02:04 pm August 17, 2023
New York-based Peloton announced the launch of Peloton for Business, its new B2B offering that will supply equipment and content to clients in the sectors of corporate wellness, multifamily residential businesses, hospitality, community wellness, healthcare, education and gyms. The company will offer access to its Peloton Bike for use by an unlimited number of users, partnership services that...
A person laying in a hospital bed with a newborn on their lap and another person standing beside them
By  Jessica Hagen 01:34 pm August 15, 2023
Baby tech company Owlet reported a drop in revenue to $13.1 million in the second quarter of 2023, compared to $18.3 million for the same period last year. It also reached a milestone, garnering FDA clearance in June for BabySat, its medical pulse oximetry wire-free sock for infants.  The company reported a net loss of $8.5 million in Q2 2023, compared to $11.7 million in Q2 2022, and an...
Numerous students sitting in a classroom with a vantage point from the front
By  Jessica Hagen 04:50 pm August 8, 2023
Daybreak Health, a digital mental health company for children and teens focused on schools, has raised $13 million in Series B funding led by Union Square Ventures, bringing its total raise to $25 million.  Existing investors Maven Ventures, Lightspeed Venture Partners and Y Combinator participated in the round alongside new investor Lux Capital.   WHAT THEY DO Daybreak partners with schools and...
Healthcare provider talking to a patient in a hospital gown while both look at a tablet
By  Jessica Hagen 06:06 pm August 7, 2023
Medicare Advantage insurtech company Clover Health announced it received a notice from NASDAQ stating the company has regained compliance with the minimum bid price requirement of closing at $1 or more per share for at least 10 consecutive days.  The company said that thanks to NASDAQ's notice, it will revisit its plans to effect a reverse stock split and share reduction proposal, as noted in a...
Person looking at images projected onto a wall with a city in the background
By  Jessica Hagen 05:08 pm July 25, 2023
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, added $15 million in funding to its seed round, bringing its total raise to $65 million since its launch in May. The California-based company also announced its Founding Partner Program. It is partnering with healthcare systems and digital health companies to guide the development of its...
Person standing on a balcony looking at the sky with a tablet in their hand
By  Doug Hirsch 12:54 pm July 24, 2023
2023 will be known, sadly, as the year millions of Americans were removed from Medicaid. As states reset their Medicaid eligibility rules post-pandemic, more rapid “unwinding” out of the gate is being seen than was predicted. Even though the public health emergency, which guaranteed continuous coverage for enrollees, just ended in May, 3,289,000 people on Medicaid have been disenrolled as of July...
Healthcare provider sitting next to a hospital bed with a teenager in it looking at a phone
By  Jessica Hagen 03:36 pm July 14, 2023
Digital therapeutics company Big Health announced it acquired Limbix, a maker of prescription digital therapeutics aimed at treating depression in teens and young adults.  Limbix is the creator of SparkRx, a PDTx that uses the principles of cognitive behavioral therapy to address depression in teens and young adults ages 13 to 22.  The self-guided CBT-based treatment was released in October 2021...
Person sitting in a chair looking out a window with a healthcare provider next to them with their hands on the person's shoulders
By  Jessica Hagen 04:54 pm July 12, 2023
AI-powered senior-focused digital health company CarePredict announced it scored $29 million in Series A-3 investment co-led by Aspire Healthtech Partners and SV Health Investors' Medtech Convergence Fund. Existing investors Las Olas Venture Capital and Secocha Ventures participated in the round, as did individual investors.   WHAT IT DOES CarePredict offers an AI-enabled platform for senior care...
Person inserting a contact lens into their eye
By  Jessica Hagen 11:34 am July 11, 2023
Ophthalmology technology company Smartlens announced it closed a $6.1 million Series A equity financing round led by Ambit Health Ventures.  Stanford University, Sophia Innovation Capital, Graphene Ventures, Plaisance Capital Management, Boutique Venture Partners, Wilson Sonsini Investments and 3E Bioventures also participated in the round. WHAT IT DOES Smartlens offers miLens, an electronics-...