Investors

By Aditi Pai April 22, 2014
Instructional video fitness app maker Fitnet raised $1.4 million from Valleys’ Ventures and CIT Gap Funds for its fitness app, Fitnet. Before this funding round, Fitnet was awarded a $300,000 grant from the National Science Foundation and with some startup capital from the founder, the company's total funding to date is just under $2 million. Fitnet's iOS apps offers users guided workouts that...
By Aditi Pai April 22, 2014
Jill Seidman Chicago-based digital health accelerator Healthbox Global Partners, Healthbox's parent company since 2013, raised $7 million. The round was led by Intermountain Healthcare, Health Care Service Corporation, and Chicago Pacific Founders. Healthbox will use the funds to launch three new business units. Since its founding, this is the first time strategic investors have invested in...
By Jonah Comstock April 21, 2014
Weight Watchers is in talks to acquire virtual fitness coaching startup Wello, according to a report from TechCrunch. Wello, a Rock Health company, launched in July 2012. The company connects people to professional trainers via two-way video messaging. Users can choose a trainer or discipline that's most interesting to them. In November 2012 they raised $1 million from Kleiner Perkins, Mohr...
By Jonah Comstock April 21, 2014
The Smart Bra concept from First Warning's 2012 YouTube video. First Warning Systems, the Reno, Nevada-based company that's working on wearable sensors for early detection of breast cancer, has raised $560,000, according to CEO Rob Royea. Steven Welch, a private investor and former COO of BP (not to be confused with DreamIt Health founder Steve Welch) led the round with a $300,000 contribution...
By Jonah Comstock April 17, 2014
The Inspiromatic inhaler. Biopharmaceutical company Opko Health has acquired Israeli smart inhaler company Inspiro Medical for a sum in "the low eight figures", according to Opko's Director of Strategic Investment Les Funtleyder. The company will be using Inspiro's Inspiromatic technology to develop an app-connected inhaler that will be bundled with a forthcoming new drug for asthma, COPD, and...
By Jonah Comstock April 17, 2014
Accelarad's mobile app. Nuance Communications has acquired cloud-based medical image sharing company Accelarad for an undisclosed amount and is launching Accelerad's technology, combined with Nuance's existing networks, under the new name PowerShare Network. "There are 1,900 users connected to [Accelarad's] network today, actively sharing images," Christy Murfitt, director of solutions product...
By Jonah Comstock April 16, 2014
Great Lakes NeuroTechnologies, a company using tablets and wearable sensors for Parkinson's diagnosis and therapy, will use a recent $1.5 million NIH grant to start a move toward direct-to-consumer marketability. This is the latest in a long series of NIH grants for the company since 2005 and brings the company's total grants to $14.2 million. The system, called Kinesia HomeView, is currently...
By Aditi Pai April 16, 2014
Finland-based H2 Wellbeing, maker of employee wellness platform HeiaHeia, raised just over $2 million (1.5 million euros) in a round led by Finland’s Wallstreet Financial Services. Additional backers included unnamed angels and a Finnish funding agency called Tekes. Until now, H2 has run on its own revenues, which the company started generating just two months into its launch, and government...
By Aditi Pai April 15, 2014
Beijing-based Giraffe Tech has so far raised $15,283 (95,048 Yuan) on a crowdfunding platform, called Demohour with five days left in the campaign for a posture-sensing wearable device, called Giraffe Friend, according to a report in TechNode. Giraffe Friend was developed by Xiang Renkai, a student at Peking University, who was inspired by a Chrome plug-in, which allows users to browse the...
By Brian Dolan April 14, 2014
Stockholm, Sweden-based calorie counting app company Lifesum (formerly known as ShapeUp Club) has raised $6.7 million in its first round of funding led by Germany's Bauer Media Group and SparkLabs Global Ventures, according to a report in TechCrunch. The company has 4.5 million members and 6.5 million downloads in Europe for its Android and iOS apps. At the end of last year it reported having...

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