Investors

By Brian Dolan 07:29 am June 11, 2014
Lehi, Utah-based VoIP communications service for dentists, Weave, has raised $5 million led by A Capital, with participation from Homebrew, Fuel Capital, SV Angel, Initialized Capital, and Y Combinator, according to a report in TechCrunch. Weave has focused on dentist offices in North America as its first target market. Weave plans to use the funds to build out its product's features, expand...
By Brian Dolan 11:41 am June 10, 2014
When we first learned that a small team of Apple executives met with FDA officials last December to discuss mobile medical applications, it seemed likely that the discussion was intended to help Apple better avoid FDA regulation for its rumored health products. Thanks to a successful Freedom of Information Act request from the Apple-focused resources site Apple Toolkit, the FDA has furnished a...
By Aditi Pai 08:53 am June 10, 2014
Startups that came out of Dallas-based health accelerator Health Wildcatters' first class in August 2013 have so far raised almost $5 million in VC funding. This amount includes the $30,000 that Health Wildcatters contributed to each startup, which amounts to $360,000 total. Health Wildcatters founder Dr. Hubert Zajicek told MobiHealthNews last April that the focus of the accelerator would be to...
By Jonah Comstock 11:37 am June 6, 2014
Controversies and altered submission requirements aside, crowdfunding is still a popular way to get a mobile or digital health project off the ground, which is why we periodically check in on Kickstarter and Indiegogo, the two major crowdfunding platforms, for health and fitness-related projects. Last month, we wrote about posture-correcting wearable UpRight, stethoscope headset InstaMD, diabetes...
By Aditi Pai 10:43 am June 6, 2014
Germantown, Maryland-based continuous glucose monitor developer Senseonics raised $20 million from existing investors Anthem Capital, Delphi Ventures, Greenspring Associates, Healthcare Ventures, and New Enterprise Associates. This brings the company's total funding to at least $84 million to date. Senseonics will use the funds to obtain a CE mark and start investigational device exemption (IDE) ...
By Jonah Comstock 11:44 am June 5, 2014
As we head into the halfway point of 2014, it's already clear that the trend of mobile and digital health acquisitions is up. Just five months into the year, MobiHealthNews has tracked 16 mergers, acquisitions, asset buys and majority stake acquisitions -- just one less transaction than we tracked during the whole of 2013. While many of the buys were medical software acquisitions of various kinds...
By Jonah Comstock 09:22 am June 4, 2014
A new smartphone-connected device for measuring the nutritional content of food has raised $2.2 million on Kickstarter, on top of $4 million to $5 million in funding from venture capitalists including Khosla Ventures, according to TechCrunch. SCiO is a tiny spectrometer that promises to send information about food, nutrition, and medication to a user's smartphone via Bluetooth Low Energy. Tel...
By Jonah Comstock 06:40 am June 4, 2014
Kickstarter has made a big change to its submission rules, opening the gates for a lot more projects in previously prohibited categories like cosmetics, pet supplies, and automotive products. Yet in the area of health, Kickstarter remains resolute, with a new, even more specific prohibition then it had before. Kickstarter now prohibits any project that is "heavily regulated" and "any item...
By Aditi Pai 08:21 am June 2, 2014
StartUp Health has added eight companies to its portfolio. This brings the number of companies that have been added to the program to 71. StartUp Health also released some demographic numbers about the companies that have been through the accelerator. These metrics included the total number of funding raised to date: $144 million, the percentage of physician and practitioner founders: 47 percent...
By Jonah Comstock 06:51 am June 2, 2014
Proteus Digital Health has raised $120 million from new, undisclosed investors described as "major new institutional investors based in the United States, Europe and Asia." The company will use the funding to continue its plans to commercialize its ingestible sensor system at scale, as well as to continue demonstrating the value of the technology on health outcomes and costs. The Proteus digital...