Behavioral Health & AI Take Center Stage in Health Tech Funding | StartUp Health Insights: Week of Apr 16, 2024
This week's global health innovation funding saw big bets on behavioral health solutions and AI-powered advancements, alongside support for caregivers, pediatric care, and emergency services.
This week’s reported health innovation funding included:
Two Chairs, a San Francisco, CA-based behavioral health platform, raised $72M led by Amplo and Fifth Down Capital, with debt funding provided by Bridge Bank. <source>
DeepCure, a Boston, MA-based company developing small molecule therapeutics powered by AI and automation of chemistry, raised $24M led by IAG Capital Partners (IAG), with participation from current investors. <source>
Dot Compliance, a Phoenix, AZ-based company that provides an AI-powered quality management system for medical device manufacturers, biotechnology, and pharmaceutical companies, raised $17.5M led by IGP Capital and Vertex Ventures, with participation from TPY Capital. <source>
RFX Solutions, an Oklahoma City, OK-based SaaS compliance software platform for healthcare facilities, raised $9M led by Arthur Ventures. <source>
Somite, a Boston, MA-based developer of AI for stem cell biology, raised $5.3M led by TechAviv, with participation from Next Coast Ventures, Trust Ventures, Texas Venture Partners, Lerer Hippeau, and others. <source>
LunaJoy Health, a St. Petersburg, FL-based women’s mental health company, raised $4.2M from Y Combinator, FoundersX Fund, Goodwater Capital, Magic Fund, and VentureS. <source>
Medulance, a New Delhi, India-based emergency healthcare services company, raised $3M led by Alkemi Growth Capital, with participation from Dexter Capital, Aman Gupta, and Namita Thapar. <source>
Keep Company, a Bethesda, MD-based platform that provides support to employees with caregiving responsibilities, raised $1.2M from Techstars, Idea Fund Partners, VEST Her Ventures, Pixel Perfect Ventures, TEDCO, and Inspire Access.
Huddle Up (fka DotCom Therapy), a Denver, CO-based pediatric digital health company, raised an undisclosed amount in Series C funding led by Kayne Anderson Growth Capital, with participation from New Capital Partners, LRV Health, HealthX Ventures, and OSF Ventures. <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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