Senior-focused technology company Intuition Robotics, which offers an AI-powered care companion robot for seniors experiencing loneliness, announced it closed a $25 million funding round, which includes $20 million in venture capital and $5 million in debt.
The round was led by Woven Capital, the growth fund of Toyota, with participation from OurCrowd, Toyota Ventures, Western Technology...
Questa Capital Management, a healthcare-focused venture firm, announced it closed a $397 million venture growth equity fund dubbed Questa Capital III, bringing its total raise to over $1 billion.
Commitments came from blue-chip investors, including endowments, foundations, family offices, pension plans, fund-of-funds and consultants.
WHAT IT DOES
The company's current portfolio includes:
in-...
Value-based cancer care platform Thyme Care announced it secured $60 million in Series B funding co-led by Foresite Capital and Town Hall Ventures, bringing its total raise to over $80 million.
Current investors Andreessen Horowitz BIO + Health, Casdin Capital, Frist Cressey Ventures and AlleyCorp participated in the round.
Town Hall Ventures' cofounder and general partner David Whelan will...
California-based AI drug discovery startup Genesis announced it scored a whopping $200 million in an oversubscribed Series B funding round, bringing its total raise to $280 million.
The company also announced that approximately $24 million of SAFE notes from a prior funding round were converted amid the closing of the Series B round.
Andreessen Horowitz and a "U.S.-based life sciences-focused...
The assets of respiratory health company AireHealth will be auctioned off on September 13, including the patents, software, hardware and intellectual property for the company's remote patient respiratory care platform.
Florida-based Fisher Auction Company will conduct the online auction through its bidding platform.
AireHealth, founded in 2018, developed an FDA-cleared nebulizer with Bluetooth...
Viome Life Sciences announced it closed a $86.5 million oversubscribed Series C funding round, bringing its total raise to $175 million.
Bold Capital and Khosla Ventures participated in the round alongside existing and new investors.
The company also announced the launch of its Gut Intelligence Test in 200 CVS locations.
WHAT IT DOES
The company offers a total body intelligence test for users...
New Parkinson's app uses metronome beats to train gait
A new mobile app for people with Parkinson's Disease helps them walk better using metronome beats.
The gait re-training tool, developed as part of a larger clinical trial for PD research, delivers rhythmic metronomic beats that trigger movement.
Now developed separately as an app called Walking Tall, it now features training sessions on...
TikTok joins youth mental health campaign in Korea
Social media platform TikTok in South Korea, together with the non-profit organisation Mental Health Korea, has tied up with the National Center for Mental Health to promote the mental well-being of young people.
Based on their memorandum of understanding, the organisations aim to improve youth mental health through the dissemination of correct...
California-based Mendaera, a healthcare robotics company, announced that it had secured $24 million in Series A funding, led by Lux Capital.
Operator Partners, Founders Fund and Allen & Company participated in the round alongside investors Auris Health founder Dr. Fred Moll, Intuitive Surgical and former U.S. Senator Bob Kerrey.
WHAT IT DOES
Mendaera completed the research and design...
Baby tech company Owlet reported a drop in revenue to $13.1 million in the second quarter of 2023, compared to $18.3 million for the same period last year. It also reached a milestone, garnering FDA clearance in June for BabySat, its medical pulse oximetry wire-free sock for infants.
The company reported a net loss of $8.5 million in Q2 2023, compared to $11.7 million in Q2 2022, and an...
