AI, Autoimmune Breakthroughs & Global Access Drive This Week’s Health Innovation Funding | StartUp Health Insights: Week of Aug 12, 2025
From SetPoint Medical’s $140M push to treat chronic autoimmune diseases to AI-designed antibodies, autism therapy, and smarter hospital systems, this week’s funding wave showcases how innovators worldwide are accelerating breakthroughs in care, access, and precision medicine.
By Nicole Kinsey
This week’s reported global health innovation funding included:
SetPoint Medical, a Valencia, CA-based med tech company developing therapies for people living with chronic autoimmune diseases, raised $140M co-led by Elevage Medical Technologies and Ally Bridge Group. <source>
Truemeds, a Mumbai, India-based startup that recommends generic alternatives to consumers for the branded medicines they need, raised $85M led by Accel, with participation from Peak XV Partners. <source>
Chai Discovery, a San Francisco, CA-based company that uses AI to predict and reprogram interactions between biochemical molecules to design completely new antibodies for viruses and cancer, raised $70M led by Menlo Ventures, with participation from Yosemite, DST Global Partners, SV Angel, Avenir, DCVC, Thrive Capital, OpenAI, Dimension, Neo, Lachy Groom, and Fred Ehrsam. <source>
Positive Development, a McLean, VA-based provider of developmental therapy for autistic children and their families, raised $51.5M co-led by aMoon, B Capital, and Flare Capital Partners, with participation from Digitalis Ventures, Healthworx, CareFirst, and others. <source>
Artisight, a Chicago, IL-based developer of an AI-driven smart hospital platform, raised $40M. <source>
Tahoe Therapeutics, a San Francisco, CA-based provider of AI-powered models for the human cell, raised $30M led by Amplify Partners, with participation from Databricks Ventures, Wing Venture Capital, General Catalyst, Civilization Ventures, Conviction, Mubadala Capital Ventures, and AIX Ventures. <source>
August Health, a San Francisco, CA-based provider of an EHR platform for care tracking and analytics, raised $29M led by Base10 Partners, with participation from General Catalyst, Matrix Partners, Equitage Ventures, the Senior Living Transformation Company, and Stanford University. <source>
Arintra, an Austin, TX-based developer of GenAI-native autonomous medical coding, raised $21M led by Peak XV Partners, with participation from Endeavor Health Ventures, Y Combinator, and other investors. <source>
Maxwell Biosciences, an Austin, TX-based health tech company providing a new category of immune-inspired small molecules designed to mimic the body’s natural defenses, raised $20M from undisclosed investors. <source>
Skylight Health, a Nashville, TN-based specialist-centric model designed to close critical gaps in access and coordination across the specialty care continuum, raised $13M led by Valtruis, with participation from Andreessen Horowitz (a16z) and Allen & Company. <source>
Elion, a New York, NY-based provider of an AI-powered research and intelligence platform for health tech, raised $9.3M led by NEA, with participation from Cedars Sinai Health Ventures, TMV, Scrub Capital, Alumni Ventures, Max Ventures, AlleyCorp, and Floating Point. <source>
Translucent AI, a New York, NY-based developer of an AI-powered financial platform designed exclusively for healthcare operators, raised $7M from NEA, Virtue, FPV, and Redesign Health. <source>
Resolvd AI, a New York, NY-based solution that automates complex reconciliation workflows for health systems, raised $1.6M from Spice Capital, Betaworks, Factorial Capital, and angel investors. <source>
Slipstream, a Blue Bell, PA-based tech company serving the pharmaceutical and biopharmaceutical industry, raised an undisclosed amount from GreyLion Partners and Denali Growth Partners. <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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