Investing

Scientist in a laboratory
By  Jessica Hagen 01:14 pm March 13, 2025
Tech-enabled drug discovery company Insilico Medicine secured $110 million in an oversubscribed Series E funding round.   A large equity fund of Value Partners Group, an asset management firm in Asia, and new and existing investors participated in the round. WHAT IT DOES Massachusetts-based Insilico's proprietary generative AI platform, Pharma.AI, utilizes biology, clinical medicine, scientific...
Person sitting in a park while wearing an orange sweater with a hood
By  Jessica Hagen 04:04 pm March 12, 2025
Neuromod, a medical device company out of Dublin focused on treating tinnitus, secured €10 million ($10.9 million) in equity financing, expanding its Series B raise.  The raise builds on the company's €10.5 million ( $11.43 million) oversubscribed Series B financing in 2020.  Existing investors Fountain Healthcare Partners and Panakès Partners led the round.  WHAT IT DOES Neuromod is a global...
Wall Street sign
By  Jessica Hagen 11:31 am March 12, 2025
Hinge Health, a digital musculoskeletal care platform, filed for an IPO on Monday with the U.S. Securities and Exchange Commission to go public under the symbol HNGE, despite recent stock market volatility due to uncertainty around U.S. trade policies.   The San Francisco-based company, founded in 2015, provides individuals with musculoskeletal conditions access to health coaches, orthopedic...
Person grabbing their shoulder due to discomfort
By  Jessica Hagen 12:21 pm March 11, 2025
Hybrid musculoskeletal care provider Vori Health announced it has raised an oversubscribed $53 million in a Series B funding round. NEA led the round with participation from Echo Health Ventures, Max Ventures, AlleyCorp and Intermountain Health's Intermountain Ventures. WHAT IT DOES Vori Health offers virtual and in-person musculoskeletal care. The company connects patients with specialty medical...
A person checking their fitness tracker data on their mobile phone
By  Adam Ang 07:35 pm March 10, 2025
Digital chronic disease management platform Health2Sync has recently raised $20 million in a Series C funding round led by Taiwania Capital. Wistron, Pegatron, BE Health Ventures, ABIES Capital, and Cathay Venture also joined the round. This latest investment brings its total capital raised since its founding in 2013 to over $30 million.  WHAT IT'S FOR In a media release, the company said it...
Interface of Heidi AI scribe
By  Adam Ang 07:58 pm March 6, 2025
Australian startup Heidi Health has raised another $16.6 million in Series A funding from a round led by Headline. The follow-on investing round was also joined by Local Globe, Anthology (Menlo Ventures and Anthropic), as well as existing investors Blackbird, HESTA, Possible Ventures and Archangel Ventures.  Formerly Oscer, Heidi relaunched in 2024 with a customisable AI-powered clinical...
Group shot: Alex McLeod of InterSystems, Gaye Bok of Mass General Brigham, Megan Zweig of Rock Health Advisory and Dan Gannon of iRhythm Technologies.
By  Anthony Vecchione 06:24 pm March 6, 2025
LAS VEGAS - At the HIMSS Global Health Conference & Exhibition, Megan Zweig, president and CEO of Rock Health Advisory; Gaye Bok, partner of AI and digital innovation fund at Mass General Brigham; and Dan Gannon, senior director of digital solutions for iRhythm Technologies, discussed venture funding of digital health startup companies and interoperability and integration. The group engaged...
Three business people sitting around a table and talking
By  Jessica Hagen 12:35 pm February 24, 2025
Musician and record producer Pharrell Williams' nonprofit organization, Black Ambition, is accepting applications for the 2025 Black Ambition Prize Competition, which will provide more than $1 million in funding for up to 25 applicants focused on innovating in the healthcare, technology, AI, consumer products and services, and media and entertainment. Early-stage underrepresented entrepreneurs...
Healthcare provider standing next to a window while looking at a tablet
By  Jessica Hagen 02:57 pm February 21, 2025
OpenEvidence, an AI-enabled medical research aggregate platform for doctors, has closed a Series A funding round with Sequoia Capital, boosting its valuation to $1 billion and bringing its total raise to more than $100 million.  WHAT IT DOES  OpenEvidence is a free medical information platform that offers an AI-enabled medical copilot for doctors in the U.S. It aggregates and synthesizes clinical...
Harrison.ai co-founders during a product demonstration
By  Adam Ang 02:53 am February 19, 2025
Harrison.ai has recently raised a total of $112 million in a Series C funding round led by Aware Super, ECP, and Horizons Ventures.  The earlier reported $20 million investment from the Australian government's National Reconstruction Fund Corporation adds to this pool. Ord Minnett, Wollemi Capital Group, Blackbird Ventures, and Alpha JWC Ventures also participated in this round.  Founded in 2018...