New York-based virtual care company Teladoc Health announced it has signed a definitive agreement to acquire virtual preventative care company Catapult Health in an all-cash deal worth $65 million.
The deal includes an additional $5 million in contingent earnout consideration, meaning Teladoc agrees to pay additional cash or provide equity interests to Catapult should certain events occur after...
Venture Capital firm General Catalyst announced the creation of a new wealth management business, GC Wealth.
GC Wealth aims to support clients from their earliest stages through their evolution.
The business will offer "specialized support, responsible collaboration and unique experiences that connect clients to global transformations shaping the future."
It will focus on prioritizing fee...
Oxford Science Enterprises (OSE) and Cedars-Sinai Intellectual Property Company announced a partnership to support health-tech startups expanding from the United Kingdom to the United States.
The collaboration will provide funding, resources and market access to emerging companies developing healthcare technologies to accelerate the adoption of AI-driven healthcare tools by combining Oxford's...
AI Optics, an AI-enabled medical device company, has received FDA 510(k) clearance for its Sentinel Camera.
The handheld retinal imaging system captures high-quality images of the human eye, helping to address gaps in retinal disease screening through a portable and accessible tool.
The aim of the Sentinel Camera is to enable point-of-care retinal imaging that would eliminate the need for some...
Bicycle Health, a company that offers virtual opioid disorder treatment, announced it secured $16.5 million in funding.
Existing Questa Capital led the round with participation from other existing investors, including Frist Cressey Ventures, SignalFire, Hustle Fund, Valeo Ventures, City Light Capital and InterAlpen Partners. New investor JSL Health also joined the round.
The Boston-based company...
California-based Rad AI, a generative AI radiology workflow company, has secured $60 million in an oversubscribed Series C funding round, which brings the company's total raise to more than $140 million and bumps up its valuation to $525 million.
Transformation Capital led the round with participation from existing investors Cone Health, World Innovation Lab, Khosla Ventures, Kickstart Fund,...
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...
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...
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....
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...
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