Investing

Person sitting in a chair while looking out a window with another person standing beside them
By  Jessica Hagen 03:01 pm January 29, 2025
SafelyYou, maker of AI-enabled technology for fall detection and prevention, closed a $43 million Series C funding round led by Touring Capital, bringing its total raise to more than $100 million.  Samsung Next, Omega Healthcare Investors, Foundation Capital, Founders Fund, Cross Creek and Qualcomm Ventures participated in the round.  The San Francisco-based company offers ambient AI technology...
Two people looking at each other and smiling
By  Anthony Vecchione 12:18 pm January 29, 2025
The Helper Bees, an independent technology platform focusing on how older adults live and age, announced it has raised $35 in a Series C funding round. The round was led by Centana Growth Partners, with support from Silverton Partners, Impact Engine, Northwestern Mutual Future Ventures and Alumni Ventures.  WHAT IT DOES The Helper Bees is an independent aging platform that aims to help insurers...
Surgeon standing in front of a computer dressed in surgical gear
By  Anthony Vecchione 01:27 pm January 27, 2025
Elucent Medical, a guided surgical technology company, will receive $30 million in growth capital from Trinity Capital. WHAT IT DOES Elucent Medical's flagship product EnVisio System utilizes a spatial field generator measuring continuous data points across multiple planes to display exact 3D positioning of the SmartClip marker and SmartSensor that is used to guide soft-tissue surgical excision....
Person sitting in a house looking at a computer and smiling
By  Jessica Hagen 01:05 pm January 27, 2025
Virtual women's healthcare platform Allara Health scored $26 million in Series B funding, bringing its total raise to $38.5 million.  Index Ventures led the round with participation from existing investor GV (Google Ventures). WHAT IT DOES  Allara Health offers a virtual care platform for women battling chronic hormonal conditions, such as endometriosis, polycystic ovarian syndrome (PCOS) and...
Two healthcare professionals looking at a computer screen with data on it
By  Jessica Hagen 12:03 pm January 27, 2025
Manas AI, an AI-driven drug discovery platform, has launched with $24.6 million in seed funding in a round co-led by General Catalyst and LinkedIn cofounder Reid Hoffman.  Greylock and other strategic investors participated in the round.  LinkedIn cofounder Reid Hoffman and Dr. Siddhartha Mukherjee, an oncologist, researcher and author, founded Manas AI. WHAT IT DOES  Manas AI is a drug discovery...
Technician working in a lab
By  Anthony Vecchione 01:03 pm January 23, 2025
Lindus Health, a company that conducts end-to-end clinical trials for the life sciences sector, announced it raised $55 million in Series B Funding. The round was led by Balderton Capital with participation from Visionaries Club and existing investors Creandum, Firstminute and Seedcamp.  WHAT IT DOES  Lindus Health offers fully integrated CRO (contract research organization) services and in-house...
Healthcare provider on a tablet
By  Anthony Vecchione 01:08 pm January 21, 2025
DarioHealth, a digital chronic condition management platform, closed a $25.6 million private placement of convertible preferred stock, with most of the funds secured from existing shareholders.  The balance of the funds was provided by a network of accredited healthcare investors and executives from within the healthcare sector. Private placement is a way for a company to sell debt or equity...
A surgeon operating using robotic technology
By  Adam Ang 01:24 am January 17, 2025
Cornerstone Robotics bags $70M Series C funding Surgical robotics maker Cornerstone Robotics from Hong Kong has raised over $70 million in a Series C funding round led by EQT. It also received additional investment from the Hong Kong government's Innovation and Technology Venture Fund.  The company, established in 2019, will use its fresh funds to expand into key global markets in Europe and...
JLK CEO Dong-Min Kim showcasing their stroke AI solution
By  Adam Ang 07:26 am January 14, 2025
Back-to-back news over the past few years since the recent pandemic reported on the aggressive global expansion of South Korean companies in the medical imaging AI space.  From securing regulatory approvals to closing national and regional-scale distribution and partnerships, these innovators (such as Lunit, VUNO, and Coreline Soft) seemed to have convinced health systems worldwide of the...
Mudit Garg, CEO of Qventus
By  Jessica Hagen 07:00 am January 13, 2025
Qventus, which offers health systems an AI-based care automation platform, has garnered $105 million in Series D funding in a round led by KKR.  Bessemer Venture Partners also participated in the round alongside new strategic investors HonorHealth, Northwestern Medicine and Allina Health.  Mudit Garg, CEO of Qventus, sat down with MobiHealthNews during the JPM Healthcare Conference to discuss the...