Investor

Doctors performing surgery
By  Jessica Hagen 11:43 am December 11, 2024
California-based Capstan Medical, maker of robotic-enabled tools for heart valve disease, closed an oversubscribed $110 million Series C round led by Eclipse.  Existing investors Intuitive Ventures, Yu Galaxy, and new investor Gideon Strategic Partners, participated in the round.  WHAT IT DOES The company offers surgical robotics with catheter-based technology and implants to repair and replace...
Individual sitting on a couch and looking at a computer
By  Jessica Hagen 12:39 pm December 10, 2024
GPT-enabled conversational AI provider Hyro announced it finalized an extension of its Series B funding round. The company told MobiHealthNews that the total Series B funding equates to $35 million, bringing the company's total raise to $50 million.  Healthier Capital led the extension, joining the company's previous investors, Liberty Mutual, Macquarie Capital and Black Opal Ventures.  Amir Dan...
Person looking at their wrist wearable
By  Jessica Hagen 04:59 pm December 9, 2024
Editor's note: This article has been updated with a quote from Cala Health's CEO. Calif.-based Cala Health, the maker of wearable neuromodulation therapy, announced that it has completed the initial closing of an oversubscribed $50 million growth round. Vertex Growth Fund and Nexus NeuroTech Ventures coled the round, with participation by all the company's existing investors, including Johnson...
Telehealth provider on a computer with two people sitting on a couch looking at the computer
By  Jessica Hagen 01:25 pm December 9, 2024
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...
Person in a diagnostic imaging machine
By  Anthony Vecchione 01:36 pm December 6, 2024
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...
Healthcare provider sitting with their head in their hands
By  Jessica Hagen 11:43 am December 6, 2024
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...
Depiction of a sound wave traveling through a human ear
By  Anthony Vecchione 01:31 pm December 3, 2024
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,...
Healthcare provider wearing a lab coat with a stethoscope around their neck while looking at a computer
By  Jessica Hagen 11:15 am November 22, 2024
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...
A doctor analysing a chest X-ray image
By  Adam Ang 08:32 pm November 21, 2024
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...
Two people stretching together
By  Jessica Hagen 12:53 pm November 20, 2024
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...