Investors

By Dave Muoio 09:37 am December 10, 2019
Remote vital sign monitoring company Current Health (formerly snap40) has completed an $11.5 million Series A round of financing headed by MMC Ventures, the Edinburgh, London and San Francisco-based company announced this morning. Legal & General played a major role in the raise as the heaviest backer and Current’s first corporate investor, with additional funds coming from Par Equity and...
By Dave Muoio 01:03 pm December 9, 2019
Proteus Digital Health, maker of an ingestible sensor system for treatment adherence monitoring, was forced to furlough many of its employees last month after a $100 million funding round didn’t close as expected, according to a weekend report from CNBC. These employees were brought back after about two weeks after Proteus was able to secure $5 million in emergency funding, according to the...
By Dave Muoio 11:00 am December 9, 2019
G Medical Innovations, a public Cayman Islands-based maker of real-time vital signs monitoring tools, announced last week that it raised $20.5 million (A$30 million) in investments over the course of three years from Luxembourg-based investment group GEM Global. WHAT THEY DO G Medical’s products allow providers to continuously monitor patients’ ECG, heart rate, SPO2, body temperature, blood...
By Jonah Comstock 03:58 pm December 6, 2019
After 10 years investing in healthcare for Sequoia Capital, Mike Dixon is moving to Transformation Capital, a dedicated healthcare investor focused on supporting commercialized, growth-sized businesses. Dixon joins former fellow Sequoia investor Todd Cozzens and Jared Kesselheim, all three of whom hold the title of managing partner at the firm. MobiHealthNews caught up with Dixon to talk about...
By Laura Lovett 12:51 pm December 6, 2019
Digital health has gone global. On both sides of the Atlantic, healthcare stakeholders are evaluating these new tools, while innovators are navigating the pathways to implementation. It’s clear that while the North American markets and the European markets each have their own challenges, the industries also share plenty of universal opportunities and obstacles.  This week at the European...
By Dave Muoio 02:42 pm December 4, 2019
Editor's note: This article has been edited after publication. Last December, Teladoc Health made an unannounced deal with TelaDietitian (formerly Nutrify), a consumer and enterprise platform for video consultations with registered dietitians, according to documents provided to MobiHealthNews. This strategic acquisition provided Teladoc access to the smaller company’s multi-state network of...
By Leontina Postelnicu 11:26 am December 4, 2019
Grenoble, France-based startup Diabeloop has secured €31m in a Series B funding round led by Cemag Invest, with ADAG, Odyssée Venture, previous backers Supernova Invest, Air Liquide Venture Capital and others also participating. WHAT THEY DO Founded in 2015 out of a medical research project, the company’s primary product is what is referred to as a hybrid closed-loop system for management of Type...
By Dave Muoio 02:04 pm December 3, 2019
Motivo, a startup platform that new mental health providers can use to complete their training alongside a remote clinical supervisor, has announced a $2.2 million seed funding round. The investment was led by Cox Enterprises, with additional participation from Techstars, SEI Ventures, ECMC, Great Oaks VC, The Jump Fund, Emmett Partners, Next Wave Impact Fund and other unnamed angel investors....
By Dave Muoio 11:44 am December 2, 2019
Quartet Health, a startup focused on behavioral health and primary care, has tacked an extra $7.5 million onto its $60 million Series D round courtesy of a new investment from Echo Ventures — the joint venture arm of Cambia Health Solutions and Blue Cross of North Carolina — as well as Deerfield Capital, a representative of the company told MobiHealthNews. The announcement comes as the startup...
By Laura Lovett 11:14 am November 27, 2019
This morning health analytics and education company Elsevier announced its plans to acquire Dublin-based 3D4Medical, a startup specializing in digital medical education tools. While the terms of the deal were not disclosed, Irish investor Malin, which owns 38% of the startup, said it would be collecting €17 million from the deal--indicating that Elsevier paid around €44.73 ($49.2 million USD)....