News

By Heather Mack December 6, 2016
Bill Maris, the founder and former CEO of Google Ventures (later renamed GV) who left the company earlier this year, has reportedly raised $230 million for a new fund that will focus on healthcare investments. As Recode reports, sources close to Maris said regulatory filings related to the funding will be released as early as this week. The fund is called Section 32, and will largely be run by...
By Jonah Comstock December 6, 2016
Arthro Therapeutics, a Swedish startup creating digital therapeutics for the treatment of arthritis, has raised $2.2 million in seed funding. Sweet Capital led the round, and previous investors Dendera Ventures and Incos Invest also contributed. Several angel investors also pitched in, including Sophia Bendz, Hampus Jakobsson, and Tim Jackson. Lund University also contributed. The company had $1...
By Heather Mack December 6, 2016
Boston-based PatientPing, which makes a care coordination platform that alerts healthcare providers whenever a patient receives care elsewhere, has raised $31.6 million in Series B funding in a round led by Andreesen Horowitz and Leerink Transformation Partners. Previously, the company raised $9.6 million, and this lastest round brings the PatientPing's total funding to $41.2 million.  The...
By Validic December 6, 2016
By: Chris Edwards, Chief Marketing Officer, Validic   The evidence in the market is clear: patient-generated health data (PGHD) is an essential tool for optimized care. As the volume of patient-generated data expands and care continues to move outside of the four walls of the hospital, health systems are increasingly leveraging PGHD to derive actionable insights and communicate with patients in...
By Heather Mack December 6, 2016
Los Angeles-based Heal, which offers an app-based physician house call service, has raised $14.8 million in Series B funding from Fidelity Management and Research Company.  The company just announced $26.9 million in Series A funding a little less than two months ago, and this latest round brings their total funding to at least $54.8 million. Heal, which launched last year, will use the new...
By Heather Mack December 6, 2016
New York-based One Drop has received FDA clearance for its mobile blood glucose monitoring system, One Drop Chrome. The system consists of the Chrome Meter lancing device, test strips and a companion app, and is also now officially available with a monthly subscription service called One Drop Premium. People in the United States, UK and European Union can start ordering the $39.95 subscription...
By Heather Mack December 6, 2016
Paris, France and Cambridge, Massachusetts-based Voluntis, which makes companion software for medical devices or medications, has received both FDA clearance and the CE Mark for a type 2 diabetes management app called Insulia. The app, which is designed for people treated with basal insulin, is classified as a prescription-only medical device and will be available to patients and healthcare...
By Jonah Comstock December 5, 2016
New York City-based Nanowear has received FDA clearance for SimpliECG, a "remote cardiac-monitoring undergarment". This is the first clearance for the company, which has been in talks with the FDA since 2015, according to a press release.  "This is a big milestone for our young company," Cofounder and CEO Venk Varadan said in a statement. "The FDA's decision not only positions us for commercial...
By Heather Mack December 5, 2016
Verily -- the Alphabet spinoff formerly known as Google Life Sciences -- has launched a new smart spoon that recognizes uncontrollable or unsteady hand movements at all times and automatically compensates, enabling people to eat without spilling. The robotic device, Liftware Level, is the second offering from Liftware, a company devoted to developing tools to aid those with motor impairments that...
By Jonah Comstock December 5, 2016
It's been a rough couple of weeks for wearables. Yesterday, Lenovo announced it was abandoning its Moto Androidwear line indefinitely, with head of global product development Shakil Barkat saying "wearables do not have broad enough appeal for us to continue to build on it year after year,” according to The Verge. Last week it came out that Pebble, which arguably invented the smartwatch space, is...

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