Dave Muoio

December 4, 2018
Oulu, Finland-based Oura Health, maker of a sleep- and activity-tracking smart ring, today announced that it has surpassed $20 million in total funding. Based on its previous announcements, this would mean that the company has raised roughly $6.5 million or more in new funding since its most recent round in July. While the latest round was led by MSD Capital, it also featured YouTube cofounder...
November 29, 2018
Munich, Germany-based TeleClinic has raised $7.96 million (7 million euro) in Series A funding from Idinvest Partners. According to an announcement released this morning, the telemedicine company will use this backing to scale its offerings through new partnerships and increased marketing. TeleClinic’s 24-7 service offers voice and video tele-visits with practitioners of more than 30 different...
November 29, 2018
A Vitality Group wellness program that allowed participants to pay off the cost of an Apple Watch with regular activity incentives yielded a roughly 34 percent increase in regular physical activity, or an additional 4.8 “activity days” per month, according to a three-year study recently released by RAND. This gain outpaced that of a similar program run by the group that did not employ a “loss-...
November 29, 2018
Bright Health has topped off its already impressive fundraising with a $200 million oversubscribed Series C funding round, the Minnesota-based integrated health insurance startup announced this morning. Support came from new investors Declaration Partners and Meritech Capital, as well as from returning backers Bessemer Venture Partners, Cross Creek Advisors, Flare Capital, Greenspring Associates...
November 28, 2018
Basking Ridge, New Jersey-based medical device maker Electrocore has received a 510(k) clearance expanding the label of its non-invasive vagus nerve stimulator (VNS) therapy device to include cluster headache prevention. According to a release from the company announcing the news, no other devices or pharmacologic treatments have received this indication from the agency. Therapy using the...
November 28, 2018
Amazon Web Services has unveiled a new machine learning tool that looks to help healthcare industry developers process bodies of unstructured medical text. Called Amazon Comprehend Medical, the HIPAA-eligible service is able to pull out medically-relevant information such as patient diagnoses, symptoms, medical test details, treatments and dosages, while simultaneously highlighting any protected...
November 27, 2018
Keyto, a startup building a connected breath sensor and companion app to support users following a ketogenic diet, has raised $2.5 million in seed funding. The round was led by Craft Ventures, and also included additional support from Floodgate Fund, Abstract Ventures and Hydra Ventures alongside Eventbrite cofounders Julia and Kevin Hartz. According to a statement, this investment will be used...

Credit: FDA.gov

November 27, 2018
Yesterday, the FDA announced in a press release that it is eyeing potential updates to the agency’s 510(k) clearance pathway for medical devices. These could include a requirement for more modern predicate devices as well as objective safety and performance criteria during regulatory submission. In the interest of promoting innovation, FDA Commissioner Dr. Scott Gottlieb and Dr. Jeff Shuren,...
November 26, 2018
Samsung Electronics’ medical device division showed off a selection of new artificial intelligence-based imaging tools yesterday at the Radiological Society of North America’s 2018 Annual Meeting in Chicago. The software are designed to be implemented within diagnostic imaging devices that are already on the market, according to a release from the company. Among these software applications was S-...
November 26, 2018
Yadin Shemmer has been named the new CEO of Mango Health, the maker of a digital medication management platform. Shemmer, who was previously the company’s president, will take over the job from founder Jason Oberfest, who will continue to serve as a special advisor to the company. “I am thrilled to have Yadin take the helm at Mango Health to spearhead the continued growth of the company,”...