Health Innovation Funding Tops $440M This Week | StartUp Health Insights: Week of Jul 16, 2024
From cancer care to mental health, investors bet big on the future of health with diverse funding rounds across the industry.
This week’s reported health innovation funding included:
Headway, a mental health startup that connects people with therapists, raised about $100M led by Spark Capital. <source>
Thyme Care, a Nashville, TN-headquartered value-based cancer care enabler, raised $95M comprised of $55M in equity funding from Concord Health Partners, CVS Health Ventures, Town Hall Ventures, a16z Bio + Health, AlleyCorp, Echo Health Ventures, Frist Cressey Ventures, and Foresite Capital, and $40M in debt financing from Banc of California. <source>
Huma, a London, UK-based digital healthcare company that develops apps for hospitals, clinics, and pharmaceutical industry partners, raised $80M from AstraZeneca, Hat Technology Fund 4 by HAT SGR, HV Fund by Hitachi Ventures, and Leaps by Bayer. <source>
Regard, a Los Angeles, CA-based AI-powered clinical insights platform, raised $61M led by Oak HC/FT, with participation from Cedars-Sinai Health Ventures, TenOneTen Ventures, Calibrate Ventures, and Techstars. <source>
Octagos Health, a Houston, TX-based provider of AI-driven cardiac device monitoring solutions, raised $43M led by funds managed by Morgan Stanley Expansion Capital, with participation from Mucker Capital and other strategic investors. <source>
Neuspera Medical, a San Jose, CA-based neuromodulation company, raised $23M led by Vertex Ventures HC and Treo Ventures, with participation from Action Potential Venture Capital, Windham Venture Partners, Olympus Innovation Ventures, and another strategic investor. <source>
NOWDiagnostics (NOWDx), a Springdale, AR-based developer of over-the-counter (OTC) and point-of-care (POC) diagnostic tests, raised $22.5M led by DigitalDx Ventures, with participation from Labcorp Venture Fund and Kompass Kapital Management. <source>
SamanTree Medical, a Lausanne, Switzerland-based medical technology company, raised $14M led by Relyens Innovation Santé, advised by Turenne Capital, with participation from Mutuelles Impact, Wille Finance, Noshaq, WE Life Sciences (Wallonie Entreprendre), Panakès Partners, BOM, and b2venture. <source>
Seven Starling, a Washington, DC-based virtual maternal behavioral health company, raised $10.9M led by RH Capital, with participation from Pear VC, Magnify Ventures, Emerson Collective, Expa, Zeal Capital, Ulu Ventures, Fiore Ventures, and the March of Dimes. <source>
Predicta Biosciences, a Boston, MA-based precision oncology company developing diagnostic and therapeutic products, raised $5.2M led by The Engine Ventures, with participation from Illumina Ventures, Time Boost Capital, the American Cancer Society Bright Edge, and the Oetgen family. <source>
Modicus Prime, an Austin, TX-based computer vision software provider that automates biologics image analysis, raised $3.5M led by Silverton Partners, with participation from Alumni Ventures and others. <source>
Roga, a Los Angeles, CA-based neurotech and mental healthcare startup, raised $1.2M from Exceptional Ventures, ODX by On Deck, Minded Ventures, the AngelList Fund, The Centre for Aging + Brain Health Innovation (CABHI), the Ontario Brain Institute, and angel investors. <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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