Breaking Down This Week's $350M+ in Health Innovation Funding | StartUp Health Insights: Week of Jan 21, 2025
From AI-powered medical imaging to fertility tech and mental health chatbots, here’s a recap of the global health startups that secured more than $350M in funding this week.
Written by Nicole Kinsey
This week’s reported global health innovation funding included:
Core Sound Imaging, a Raleigh, NC-based provider of a medical imaging platform, raised $80M from PSG. <source>
Nelly, a Berlin, Germany-based startup digitalizing medical practices across Europe, raised €50M ($51M) led by Cathay Innovation, with participation from Notion Capital, b2venture, Lakestar, Motive Ventures, and Arc Investors. <source>
Slingshot AI, a New York, NY-based mental health chatbot, raised $40M led by Andreessen Horowitz, with participation from the Cultural Leadership Fund and angel investors. <source>
FIZE Medical, a Tel Aviv, Israel-based fluid management optimization company using AI-enabled algorithms to prevent long-term kidney damage and improve patient outcomes, raised $30M led by Rapha Capital Management, with participation from Valitas Venture Capital and eHealth Ventures. <source>
Labviva, a Boston, MA-based AI procurement platform for life sciences, raised $25M led by 53 Stations, with participation from Biospring Partners, B Capital Group, and Glasswing Ventures. <source>
Conceivable Life Sciences, a New York, NY-based biotech company that specializes in fertility care, raised $18M led by ARTIS Ventures, with participation from Atlantic Health Venture Studio, Muse Capital, Scrub Capital, ACME Capital, Black Opal Ventures, Cadence Healthcare Ventures, Future Positive Capital, Stride.VC, and Time BioVentures. <source>
Eternal, a San Francisco, CA- and New York, NY-based startup developing a platform to use diagnostics and coaching to keep athletes active, healthy, and performing their best for as long as possible, raised $13M co-led by Courtside and Lightspeed Venture Partners, with participation from Founders Fund, Next Ventures, Bling Capital, and other investors. <source>
Upward Health, a New York, NY-based in-home, multidisciplinary medical group providing 24/7 whole-person care, raised $12.5M from Trinity Capital. <source>
IntusCare, a New York, NY-based provider of predictive analytics solutions for geriatric care, raised $11.5M led by Deerfield Management, with participation from Citi Impact Fund, Jumpstart Nova, and other investors. <source>
Teal Health, a San Francisco, CA-based women’s health startup creating an at-home option for women to screen for cervical cancer as well as providing telehealth follow-up, raised $10M led by Emerson Collective and Forerunner, with participation from Serena Ventures, Metrodora, and Labcorp. <source>
Lady Technologies, a San Francisco, CA-based creator of the kegg fertility tracker, raised $6.5M led by Relentless Consumer Partners. <source>
Peregrine Health, a Nashville, TN-based provider of behavioral health solutions, raised $5M led by BIP Ventures, Martin Ventures, and Chapman Capital. <source>
CareGenix, a Rosemont, IL-based provider of virtual healthcare services, raised an undisclosed amount from Decathlon Capital Partners. <source>
Cresta, a Palo Alto, CA-based provider of an end-to-end generative AI platform for contact centers, raised an undisclosed amount from SCAN Group. <source>
Layer Health, a Cambridge, MA-based AI company bringing a comprehensive chart review algorithm to market, raised an undisclosed amount from MultiCare. <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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