Drug Discovery, Micro-Robotics, and Digital Wellness | StartUp Health Insights: Week of Oct 22, 2024
This week's global health innovation funding features a diverse range of health tech startups, from AI-powered drug discovery and robotics to digital solutions for health benefits, motion analysis, chronic diseases, wellness, and much more.
This week’s reported health innovation funding included:
Nuclera, a Cambridge, UK-based biotech company that has developed a microwave-sized platform that can be used to make proteins for discovery and research, raised $75M led by Elevage Medical Technologies. <source>
Oshi Health, a New York, NY-based startup that specializes in digestive healthcare, raised $60M led by Oak HC/FT, with participation from Bessemer Venture Partners, Flare Capital Partners, Frist Cressey Ventures, CVS Health Ventures, and Takeda Digital Ventures. <source>
Beam Benefits, a digitally-native employee benefits company that offers dental, vision, life, disability, and supplemental health coverage, raised $40M from Trinity Capital. <source>
OneStep, a New York, NY-based startup that uses motion analysis via smartphone sensors to deliver insights about central nervous system, musculoskeletal, and cardiorespiratory functions, raised $36M co-led by Team8 and Vintage Investment Partners, with participation from LionBird, Aleph, and 10D. <source>
Alchemy, a San Francisco, CA-based company that helps develop and scale in-house pharmacy programs focused on HIV and Hepatitis C (HCV) patient populations, raised $31M led by Andreessen Horowitz Bio + Health, with participation from Magic Johnson, Sandberg Bernthal Venture Partners, Banc of California, Twine Ventures, Springbank, and AlleyCorp. <source>
Horizon Surgical Systems, a Malibu, CA-based micro-robotics company advancing microsurgery with automated AI-enabled robotics, raised $30M led by ExSight Ventures and an unnamed corporate investor, with participation from Main Street Advisors and University of California (UC Investments). <source>
Healthie, a New York, NY-based provider of an API-first EHR, scheduling, and engagement platform, raised $23M led by TCV, with participation from Birchmere, Velvet Sea Ventures, Greymatter, and Watershed. <source>
HealthEx, a San Francisco, CA-based startup using AI to automate patient data consent processes, raised $14M led by General Catalyst, with participation from Electric Capital. <source>
Counsel Health, a Canton, MA-based virtual medical practice specializing in messaging-based care, raised $11M led by Andreessen Horowitz (a16z) Bio + Health, with participation from Asymmetric Capital Partners, Floodgate Fund, Pear VC, and individual investors. <source>
Ash Wellness, a New York, NY-based startup that provides the infrastructure and tech stack to enable at-home health testing kits, raised $10M led by Merck Global Health Innovation Fund. <source>
Ikerian and subsidiary RetinAI, a Bern, Switzerland- and Boston, MA-based developer of AI and software solutions for medical imaging and healthcare data management, raised $8M led by Sanoptis, with participation from THINC Ventures, Zürcher Kantonalbank, and Verve Ventures. <source>
Legion Health, an Austin, TX-based digital psychiatry practice, raised $6.3M from Alumni Ventures, Y Combinator, Acequia Capital, Soma Capital, and angel investors. <source>
Minze Health, an Antwerp, Belgium-based company which specializes in digital health solutions for urology, raised $5.3M led by White Fund, Capricorn Digital Growth Fund, and PMV, with participation from imec.istart future fund. <source>
Pip Care, a New York, NY-based digital health company that optimizes the surgical journey for care teams and patients, raised $5M led by A1 Health Ventures, with participation from UPMC Enterprises. <source>
Manifest, a New York, NY-based digital wellness startup building products for Gen Z, raised $3.4M from a16z Speedrun, HF0, Florida Funders, Soma Capital, Stand Together Ventures Lab, Transpose Platform, 305 Ventures, Mack Ventures, and angel investors. <source>
mPATH, a Winston-Salem, NC-based digital health company dedicated to improving cancer screening, raised $3M from the National Cancer Institute (NCI) and Oncology Ventures. <source>
Siloton, a Bristol, UK-based health tech startup focused on eye disease, raised £860K ($1.1M) from Evenlode Foundation, the Francis Crick Institute, members of the Southeast Angels, and other angel investors. <source>
MDisrupt, an Austin, TX-based marketplace for the health tech and life sciences industries, raised $1M led by American Heart Association 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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