Andreessen Horowitz (a16z) Bio + Health announced it is partnering with pharma giant Eli Lilly and Company to form a new venture capital fund, dubbed the Biotech Ecosystem Venture Fund.
The aim of the fund is to drive transformative progress in healthcare by investing in therapeutic platforms and cutting-edge technology companies.
The fund will be managed by a16z Bio + Health and deploy up to $...
12:16 pm
February 6, 2025
The National Kidney Foundation (NKF) Innovation Fund announced it has made an investment in Northernmost, a medical device company to aid in the development of the company's kidney pump, NoMo.
NoMo technology is designed to modernize the preservation and transport of donor kidneys for transplantation.
In a statement, the NKF explained that 71% of donor kidneys are preserved in static cold storage...
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...
Digital health startup Drive Health, launched an AI health assistant in collaboration with Google Public Sector.
The aim of Nurse Avery is to serve as a secure, responsive and personalized healthcare assistant.
The application offers access to care plan details, medication instructions and answers to symptom-related questions, while facilitating communication with providers.
The AI assistant's...
Athelas, a healthcare technology company involved in revenue cycle management (RCM), ambient AI and electronic medical records (EMRs), announced a strategic partnership with Resilient Healthcare, a company that provides at-home physical therapy, primary and acute care.
Athelas, powered by healthcare software company Commure, will become Resilient Healthcare's preferred vendor for EMR and RCM. ...
AI startup Affineon Health, offers an AI-powered inbox that aims to simplify provider workflows and lessen administrative burdens, announced it raised $5 million in an oversubscribed funding round.
The round brings Affineon's total capital raised to $6 million.
GPG Ventures led the round with participation from existing investors, AI Fund and other new investors, including Deepwater, Benhamou...
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...
NeuroFlow, a behavioral health technology and analytics company, announced it acquired virtual mental and behavioral health platform Quartet Health in a deal that is expected to close at the end of January.
NeuroFlow’s technology and analytics platform combines behavioral health into physical health workflows while focusing on the "enablement of care delivery and visibility into quality and risk...
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...
Baby tech company Owlet has announced the launch of Owlet360, a subscription service where caregivers can access their infant's health and sleep data on the baby's development and health.
Owlet360 will provide analysis of a baby's health and sleep data as compared to other infants in the company's dataset, sleep patterns, the ability to watch and share video clips of a baby, temperature and...
