$200M+ Boosts Global Innovation from Infant Gut Health to Cardiac Care | StartUp Health Insights: Week of Mar 12, 2023
From AI-powered dental tools to chronic neuropathic pain, health tech is making waves with investors around the world. See which innovative startups secured millions in funding this week.
This week’s reported health innovation funding included:
Overjet, a Boston, MA-based AI platform for dental professionals, raised $53.2M led by March Capital, with participation from General Catalyst, Insight Partners, E14 Fund, Crosslink Capital, Spring Rock Capital, Liquid 2 Ventures, Harmonic Growth Partners, and the American Dental Association. <source>
CodeMatrix, a Boston, MA-based company providing an AI solution focused on healthcare and revenue cycle management, raised $40M led by Transformation Capital, with participation fromSignalFire and Frist Cressey Ventures. <source>
Biobot, a Singapore-based company which specializes in robotic prostate biopsy and treatment solutions, raised $24M led by Tony Tan, with participation from ZIG Ventures and new strategic investors. <source>
Nalu Medical, a Carlsbad, CA-based company focused on solutions for chronic neuropathic pain, raised $20M from B Capital. <source>
Tava Health, a Salt Lake City, UT-based mental health platform, raised $20M led by Catalyst Investors, with participation from Peterson Partners, Toba Capital, SpringTide, and Blue Heron Capital. <source>
Braincheck, an Austin, TX-based digital health tech company focused on the digital cognitive assessment market, raised $15M led by Next Coast Ventures, S3 Ventures, and UPMC Enterprises. <source>
Tiny Health, creator of an at-home gut microbiome test specifically for babies, raised $8.5M led by Spero Ventures, with participation from TheVentureCity, Overwater Ventures, Next Coast Ventures, Peterson Ventures, and angels at Parenthood Ventures. <source>
Fijoya, a Tel Aviv, Israel-based personalized platform for employer-sponsored health and wellness services, raised $8.3M led by Venture-Creation fund of Team8. <source>
Chamber Cardio, a Washington, DC-based company that offers a platform to help cardiology teams transition to value-based care, raised $8M led by General Catalyst, with participation from AlleyCorp, Company Ventures, American Family Ventures, and CityLight. <source>
Preemptive AI, a startup developing AI models to interpret biomedical signals, raised $6.4M led by Inspired Capital and Meridian Street, with participation from the Allen Institute, AI2, and Precursor Ventures. <source>
Foundation Health, a San Francisco, CA-based company delivering tech-enabled pharmacy and telehealth experiences, raised $6M from Garry Tan (Y Combinator), Transpose Platform, Tuesday VC, Alt Capital, Box Group, Liquid Ventures, Exceptional Capital, Calm/Storm Ventures, PageOne Ventures, and angel investors Paul Johnson (Lemonaid) and Meghan Fitzgerald (Grey Ghost Advisors). <source>
Vital View Technologies, a South Bend, IN-based maker of congestive heart failure monitoring tools, raised $5.5M from Elevate Ventures, Pier 70 Ventures, Notre Dame Pit Road, and RedRock Equity Group. <source>
Sooma Medical, a Helsinki, Finland-based provider of effective brain stimulation treatments for psychiatric and neurological disorders, raised €5M ($5.4M) led by Voima Ventures. <source>
Milu Health, a New York, NY-based health tech company that uses AI to drive cost savings in healthcare for employees and employers, raised $4.8M led by Andreessen Horowitz (a16z) Bio + Health, with participation from BoxGroup, PagsGroup, 81 Collection, and others. <source>
MDaaS Global, a Nigerian health tech company that operates a network of tech-enabled diagnostic centers across the country, raised $3M led by Aruwa Capital and Newton Partners, with participation from Ventures Platform. <source>
Cognito, a Victoria, BC-based startup that provides virtual mental health services, raised $2M from Standup Ventures, Garage Capital, Graphite Ventures, Spring Impact Capital, and Simplex Ventures. <source>
Keirón, a Chilean healthtech startup that offers a range of SaaS platforms for hospitals, laboratories, and health insurers, raised $1.7M led by Taram Capital, with participation from Consorcio, Nakama Ventures, and LarrainVial Asset Management. <source>
Phase Genomics, a Seattle, WA-based genomics technology development company, raised $1.5M from the Bill & Melinda Gates Foundation. <source>
Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.
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