Neuranics, a Scottish deep-tech semiconductor company, has secured $8 million in seed funding for its magnetic sensing technology.
Blackfinch Ventures led the round, with participation from Archangels, Old College Capital, the University of Glasgow, Par Equity and the University of Edinburgh's venture investment fund.
WHAT IT DOES
Neuranics offers ultrasensitive, low-power magnetic sensing...
Mass layoffs at the U.S. Department of Health and Human Services (HHS), including the Food and Drug Administration (FDA), will impact the medical device regulatory process, says Ben Wolf, partner in Alston & Bird’s Health Care Group.
Wolf, an FDA attorney, sat down with MobiHealthNews to discuss how staffing cuts at the Agency could lead to longer review times for medical device approvals...
Willow, maker of wearable breast pumps, announced it acquired British femtech company Elvie to scale the companies' maternal health platforms.
San Francisco-based Willow offers in-bra breast pumps, pumping accessories and breast care. The company most recently received FDA 510(k) clearance for its breast pump, Willow Generation 3 Breast Pump, in October of last year.
Elvie offers its own line...
Biotechnology and precision medicine company Caris Life Sciences announced it raised $168 million in growth capital funding.
Caris Life Sciences has now raised $1.86 billion in capital since 2018.
Braidwell LP led the round with participation from new investors Perceptive Advisors, Woodline and Ghisallo.
Millennium Management and First Light Asset Management also participated in the round.
WHAT...
Thatch, an employer-focused health benefits platform, has secured $40 million in a Series B funding round, bringing its total raise to $84.5 million.
Index Ventures led the round, with participation from existing investors Andreessen Horowitz (a16z), PeopleTech Partners, General Catalyst, The General Partnership and SemperVirens, and new investor ADP Ventures.
The company also announced the...
Solace, a healthcare navigation platform, announced it scored $60 million in Series B funding.
Menlo Ventures led the round with participation from existing investors Inspired Capital, Torch Capital and Craft Ventures, and new investor SignalFire.
WHAT IT DOES
Solace matches patients with advocates who help them navigate their healthcare journey, whether through navigating a new diagnosis,...
Canadian company WELL Health, which offers front- and back-office management software applications for physicians, announced its plans to exercise its call right to acquire a majority controlling interest in precision care company HEALWELL AI concurrent with the anticipated closing of HEALWELL's proposed acquisition of Orion Health on April 1.
HEALWELL AI is a preventative healthcare company that...
Dozee bags $8M for global expansion
Dozee is seeking to enter new international markets following its latest fundraising.
The Indian medical device maker raised INR 71.5 crore ($8.3 million) from Temasek Trust's C3H and other investors.
"Beyond the [United States], we are exploring new international markets while broadening our product portfolio to cover the entire continuum of care — from...
Editor's note: This article has been updated with a quote from Layer Health's cofounder and CEO.
Layer Health, an AI-enabled chart review company, announced it secured $21 million in Series A funding.
Define Ventures led the round, with participation from GV (Google Ventures), Flare Capital Partners and MultiCare Capital Partners.
WHAT IT DOES
Layer Health's AI platform is built on machine...
Aura, an AI-enabled digital protection platform, announced it officially closed its Series G funding round, raising $140 million in equity and debt and bringing its valuation to $1.6 billion. The round initially closed in August 2024.
Ten Eleven Ventures and Madrone Capital led the round, with participation from new investor AT&T Ventures. Existing investors General Catalyst, Warburg Pincus...
