Genomics, AI, and Digital Therapeutics Secure Funding | StartUp Health Insights: Week of Dec 3, 2024
This week's global funding round-up highlights a diverse range of health tech startups – from Europe, Israel, Asia, Canada, and across the US and UK – with a focus on AI-driven solutions, mental health platforms, physician support software, and much more.
This week’s reported health innovation funding included:
Maze Therapeutics, a South San Francisco, CA-based clinical-stage biopharmaceutical company leveraging human genetics to develop novel, small molecule precision medicines for patients living with renal, cardiovascular, and metabolic diseases, raised $115M co-led by Frazier Life Sciences and Deep Track Capital, with participation from Janus Henderson Investors and Logos Capital. <source>
Sirona Medical, a San Francisco, CA-based provider of cloud-native radiology workflow software, raised $42M led by Avidity Partners, with participation from 8VC and GreatPoint Ventures. <source>
Kyan Health, a Zurich, Switzerland-based developer of an AI-driven platform for employee mental health and wellbeing, raised €15.8 ($16.6M) led by Amplo VC and Swisscom Ventures, with participation from GreyMatter Capital, naturalX Health Ventures, Founderful, and Joyance Partners. <source>
Roon, a New York, NY-based company building a health guide platform, raised $15M led by FirstMark Capital and Forerunner Ventures, with participation from TMV and Sequoia Capital. <source>
Baropharm, a Seoul, South Korea-based startup specializing in pharmacy management platforms, raised ₩19B ($13.5M) from Mirae Asset Securities, CJ Korea Express, and other investors. <source>
Practice Better, a Toronto, Ontario-based provider of a practice management software platform for health and wellness professionals, raised $13M from CIBC Innovation Banking. <source>
Fello, a Chicago, IL-based peer support startup focused on loneliness, relationships, parenting, and substance use, raised $7.3M from 62Ventures, The Capital Factory Fellowship Fund, Katalyst Capital, and Offline Ventures. <source>
PocDoc, a Cambridge, UK-based platform that delivers end-to-end digital pathways for the assessment, diagnosis and treatment of disease, raised £5M ($6.4M) from MMC Ventures, Molten VC, Simplyhealth Ventures, and KHP Ventures. <source>
StretchDollar, a San Francisco, CA- and Pittsburgh, PA-based startup dedicated to simplifying health benefits for small businesses, raised $6M led by Fika Ventures and Oscar Health, with participation from Precursor Ventures and Springbank. <source>
FertilAI, a Tel Aviv, Israel-based company that provides doctors with AI-driven patient insights, raised $4.5M led by Longevity Venture Partners and Redseed, with participation from angel investors. <source>
GoodLives, a New Delhi, India-based provider of a creative AI-powered platform for mental health and wellness, raised ₹1.1 crore ($130k) led by Build3, with participation from IIM Lucknow, Rabindranath Tagore University (RNTU), and individual investors. <source>
Laennec AI, a Cardiff, UK-based medical AI company, raised an undisclosed amount from SFC Capital and OVC Ventures, along with grant funding from the Welsh Government, Innovate UK, and the National Institute for Health Research (NIHR). <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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