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...
Cardiovascular imaging company Cleerly announced it raised $106 million in a Series C funding round.
The round was led by Insight Partners and Battery Ventures, with participation from preexisting investors.
WHAT IT DOES
Cleerly is a digital healthcare company that offers heart disease-diagnosis solutions. It developed a standard for coronary artery disease by integrating quality clinical...
Offcall, a platform focused on helping physicians with their careers and finances, has launched with $2 million in funding from Bloomberg Beta, Roar Ventures and 26 practicing physicians nationwide.
Physicians who participated in the round include Dr. Shiv Rao, founder and CEO of AI-enabled medical documentation company Abridge; Dr. Joseph Habboushe, CEO and cofounder of MDCalc; and Dr. Cheri...
Medical device company PhotoniCare announced it secured $4.6 million in Series B funding. The financing is the first close in an expected $9 million funding round.
The company also announced the formation of a manufacturing partnership with Gentex Corporation for its first-in-class, FDA-cleared OtoSight Middle Ear Scope.
It also finalized the relocation of its headquarters from Champaign,...
TailorMed, a platform that allows healthcare providers to manage their finances, check health plans and estimate out-of-pocket costs for uninsured patients, announced a $40 million financing round, combining equity and debt, led by Windham Capital Partners.
Samsung Next, BrightEdge, Citi Impact Fund and the investment arms of OSF Healthcare, Ballad Ventures, Inception Health, UnityPoint Health...
Vuno receives second 510(k)
South Korean medical AI company Vuno has obtained a 510(k) clearance from the United States Food and Drug Administration for its chest X-ray analysis AI software.
The VunoMed Chest X-ray Triage quickly screens for pneumothorax and pleural effusion in chest X-ray images.
This FDA win is a second for Vuno, who first received a 510(k) for its brain image analysis AI in...
Synapticure, a telemedicine company focused on people and caregivers living with neurodegenerative diseases, announced it has raised $25 million in a Series A funding round led by B Capital.
New investors CVS Health Ventures, RA Capital Management, CommonSpirit Health and Nexus NeuroTech Ventures participated in the round, with participation from existing investors Google Ventures, Rock Health...
Venture capital firm General Catalyst announced the expansion of the General Catalyst Institute into India, focusing on five key pillars, including using AI to address societal challenges and working with policymakers and entrepreneurs to build on India's strengths in telemedicine and pharmaceuticals in order to impact the healthcare sector.
The General Catalyst Institute, launched in September,...
Precision Neuroscience, a brain-computer interface company that connects AI with human intelligence, has scored $93 million in a planned $100 million funding round, with the deal valuing the startup at around $500 million, according to a Bloomberg report that attributes the information to "a person familiar with the situation."
WHAT IT DOES
Private company Precision Neuroscience offers a brain...
Ohio-based Summa Health and General Catalyst's Health Assurance Transformation HATCo, has signed a definitive agreement to purchase Summa for $485 million.
Summa Health is a nonprofit healthcare system with over 30 locations throughout the Akron and Canton areas.
The purchase price, when added to Summa Health’s current cash, will allow the health system to dispose of $850 million in existing...
