Investors

By Laura Lovett 11:51 am August 7, 2019
Yesterday dieting app Zero announced that it has scored $2.8 million in new seed funding. This latest cash raise was led by True Ventures and Trinity Ventures. The money is an add-on to the company’s prior seed funding, bringing its grand total to $4 million this round.  Coinciding with this funding news is the announcement that Dr. Peter Attia will be named cofounder and chief medical officer....
By Leontina Postelnicu 06:57 am August 7, 2019
Munich-headquartered startup inveox, maker of an AI-enabled system developed to digitise processes in pathology laboratories, has secured an investment of €17m. The new funds will be used to support their “forthcoming series production and expansion into new markets”, according to managing partner Maria Sievert. The names of the investors were not disclosed.  The system is reportedly currently...
By Laura Lovett 03:58 pm August 6, 2019
This morning AI-enabled handheld ultrasound startup Exo landed $35 million in Series B funding. The new infusion of cash was led by Intel Capital with participation from Applied Ventures, Bold Capital, Creative Ventures, Longevity Vision Fund, Magnetar Capital, Nautilus Venture Partners, OSF Healthcare, Rising Tide Fund, Sony Innovation Fund and Wanxiang Healthcare Investments.  WHAT THEY DO The...
By Dave Muoio 02:00 pm August 6, 2019
Chicago-based metaMe Health, a startup focused on behavioral digital treatments gastrointestinal conditions, has raised $3.8 million in seed funding. LionBird Ventures led the round, which also saw contributions from Hemi Ventures and other unnamed backers. WHAT THEY DO The company’s lead product is Regulora, a treatment tackling the cognitive, behavioral and affective factors that can trigger...
By Laura Lovett 03:49 pm August 5, 2019
Late last week NextStep Interactive, a digital healthcare training platform, announced that it scored $3 million in new funding. The new money came from SEI Ventures, JAZZ Venture Partners, Learn Capital’s Learn Start Fund, Springrock Ventures, City Light Capital, Frontier Angels and managing directors from Pioneer Square Labs.  This latest funding builds on the $3.275 million round closed last...
By Dave Muoio 03:26 pm August 5, 2019
Teladoc Health stuck to its game plan in the second quarter and first half of 2019, the company reported last week in its earnings call. Total revenue, membership and service utilization are each trending upward while the telehealth company’s international and strategic investments appear to be taking hold. However, the company still has yet to turn a profit, although it is aiming to be cash flow...
By Cara Dartnell-Steinberg 04:39 am August 5, 2019
The Saudi Arabian crown prince plans to invest in the NHS chatbot maker Babylon Health through the Public Investment Fund, it was announced last week. The backing is part of a $550m Series C round that, according to TechCrunch and others, puts the company at a valuation of more than $2bn. WHY IT MATTERS This investment is part of Babylon Health’s recent fundraising to expand in North America, the...
By Dave Muoio 09:03 am August 1, 2019
Thriva, a London-based platform providing mail-order blood tests for consumers, has raised another $7.3 million in backing thanks to a new Series A round. Pembroke VCT and Guinness Asset Management were among the round’s participants, which brought the company’s total funds raised to $8.2 million. WHAT THEY DO Since 2016, Thriva has offered mail-order tests and results interpretations to more...
By Dave Muoio 11:57 am July 31, 2019
Hello Heart, maker of a digital chronic disease health program for employees, has raised $12 million in Series B funding. The round was led by Khosla Ventures, with additional support from previous backers BlueRun Ventures, Maven Ventures and Resolute Ventures. WHAT THEY DO Hello Heart’s bread and butter is its app-driven platform for hypertension, blood pressure and general cardiovascular health...
By Dave Muoio 11:44 am July 30, 2019
Infant development platform BabySparks has closed a $2 million in seed funding, the startup announced on Friday. Ocean Azul Partners headed the round, which also included participation from Miami Angels, Kairos, Marstar Investments, Lou Kreisberg and Steve Goodman. WHAT THEY DO BabySparks has built an app-based tool for parents to track and stimulate the development of their young children. After...