Investors

By MobiHealthNews 03:16 pm July 2, 2020
As the broader economy ping pongs between state lockdowns, unemployment reports and escalating public markets, COVID-19 still down't appear to have torpedoed investors' interests in digital health. During the second quarter of 2020, MobiHealthNews tracked 89 funding deals totaling $2.44 billion – a slight increase in volume but decline in value when compared to both Q2 2019 (81 deals, $2.45...
By Dave Muoio 02:57 pm July 1, 2020
Health data analytics company Evidation Health secured a $45 million Series D raise led by B Capital Group. New backers McKesson Ventures and Section 32 joined the round, as did prior backers Revelation Partners, Rethink Impact and SV Health Investors. The San Mateo company combines real-life patient data collected through more than 100 different sources, such as Apple Health, Fitbit, Epic and...
By Laura Lovett 03:27 pm June 30, 2020
This morning Owkin, a medical research company that uses machine learning, announced that its Series A funding round has reached $70 million. This comes after Mubadala Capital and Bpifrance entered with a late $18 million in investment. The Series A has been in the works for some time. The money has trickled in periodically. In May it announced a $25 million dollar raise. But the Series A round...
By Dave Muoio 03:16 pm June 30, 2020
Garmin announced today that it has purchased Firstbeat Technologies' Firstbeat Analytics, its business unit responsible for physiological-measurement algorithms for use with consumer health and wellness devices. The terms of the deal were not disclosed. Headquartered in Jyvaskyla, Finland, Firstbeat Analytics has been providing software that interprets various data collected from sensors. It has...
By Laura Lovett 02:32 pm June 30, 2020
While the femtech industry is still very much in the early years, the investor dollars have been pouring in. Last week, at Women of Wearables’ femtech forum, a panel of investors sat down to talk virtually about the state of female focused digital health.   “I don’t think it’s painting something pretty and putting makeup on it. It’s a true data gap we have,” Sophia Bendz, partner at Atomico, said...
By Dave Muoio 01:31 pm June 30, 2020
Exercise apparel company lululemon athletica announced yesterday that it will be acquiring Mirror, an in-home fitness-content-streaming platform, for $500 million in a deal slated to close at the end of the second fiscal quarter. lululemon said in its announcement that Mirror will continue to operate as a standalone company underneath its new parent. Launched in 2018, Mirror had raised roughly $...
By Dave Muoio 02:23 pm June 29, 2020
Editor's note: An earlier version of this story stated that Brainlab is based in Berlin, rather than Munich.  Level Ex, a Chicago startup that makes medical-training video games for doctors, has been acquired by Munich-based medical-technology company Brainlab, the companies announced today. The companies did not disclose the terms of their deal, although Level Ex CEO Sam Glassenberg told...
By Laura Lovett 04:20 pm June 26, 2020
Health insurtech company Oscar Health scored a whopping $225 million in Series C funding from Google’s parent company Alphabet, General Catalyst, Khosla Ventures, Lakestar, Thrive Capital and Baillie Gifford.  This comes roughly two years after the company announced a $165 million funding round led by Brian Singerman and Founders Fund.  WHAT THEY DO  The company offers direct-to-consumer health...
By Dave Muoio 03:00 pm June 26, 2020
Israel-based smartphone urinalysis and wound-care startup Healthy.io is purchasing fellow home-diagnostics company Inui Health in a roughly $9 million cash deal, CNBC reports. The agreement also involves milestones that Inui Health will need to meet, and sees CEO Dr. Jaime Tenedorio take on a new role within Healthy.io's team. MobiHealthNews has reached out to both companies for confirmation of...
By HIMSS Media 02:54 pm June 26, 2020
In the newest episode of HIMSSCast, MobiHealthNews founding editor Brian Dolan, now founder and lead writer at Exits and Outcomes, joins the host, Jonah Comstock, Managing Editor Laura Lovett and Associate Editor Dave Muoio for a bit of a post-mortem on Proteus Digital Health, the sensor-enabled pill company that filed for Chapter 11 bankruptcy protection last week.     More related to this...