AI

By Dave Muoio June 18, 2018
To all of the people who work with machine learning and neural networks healthcare technologies, but can’t describe exactly how the gears are turning — don’t worry, you’re not alone. In a sold-out discussion hosted at Optum’s Boston office and organized by the Design Museum Foundation, Sanji Fernando, vice president and head of OptumLabs’ Center for Applied Data Science, explained how the ongoing...
By Dave Muoio June 18, 2018
Pasadena, California-based Embodied announced today it has raised $22 million in Series A funding to support its AI and robotics platforms for improved care and wellness. The investment is led by Calibrate Ventures and Jazz Venture Partners, and had participation from previous backers including Osage University Partners, Intel Capital, Grishin Robotics, and others. “We are developing a software...
By Laura Lovett May 30, 2018
Emerging out of stealth mode, health tech startup Robin Healthcare has just announced its voice-enabled AI device that is designed to help doctors and clinicians write clinical notes. The device, which looks similar to an Amazon Alexa or Google Home voice assistant, will sit in a doctor’s office and draft notes from doctors' spoken conversations.  “Through the natural conversation between the...
By Tom Sullivan May 29, 2018
As precision medicine and its related technologies take off in healthcare with rocket-like speed, many players in the space are advocating for a balance between innovation and regulation. Without policies in place, there are major mistakes that hospitals, researchers, clinicians, and policymakers will need to avoid to ensure that the healthcare system remains available to all, according to...
By Jonah Comstock May 24, 2018
Correction: A previous version of this story misstated the funding amount. The story has been updated to accurately reflect that Owkin raised $5 million in funding.  New York City-based Owkin, which uses machine learning to enhance biomedical research, has raised $5 million in Series A follow-on funds. GV, the venture arm of Alphabet formerly known as Google Ventures, was the sole investor. After...
By Dave Muoio May 23, 2018
Gaithersburg, Maryland-based Insightin Health has announced the full launch of its big data platform designed to help health plans manage customer relationships alongside news that it has closed a $2 million seed stage financing round. The funding was led by Health Catalyst Capital Management, with participation from Revolution’s Rise of the Rest Seed Fund, TEDCO, SaaS Ventures, TCP Ventures, and...
By Laura Lovett May 21, 2018
The British government is now turning to artificial intelligence as an avenue for early cancer and chronic disease detection. This morning, Prime Minister Theresa May announced plans to invest in AI technology development for the healthcare sector as part of her industrial strategy. The plans aim not only to improve healthcare but to grow the country's AI industry.  “The UK will use data,...
By Dave Muoio May 15, 2018
Jerusalem, Israel-based BrainQ has raised $5.3 million in its latest funding rounding, bringing the digital neurodisorder therapy company’s total funding to $8.8 million. Participants in the round included Qure Ventures, OurCrowd.com, Norma Investments, IT-Farm, and other angel investors. The company is working on technology that identifies high resolution spectral patterns in brain waves. With...
By Dave Muoio May 14, 2018
Healthcare management tech platform Qventus announced this morning that it landed $30 million Series B funding in a round led by Bessemer Venture Partners, with participation from New York-Presbyterian Hospital, Mayfield Fund, and Northwest Venture Partners. This latest funding round brings the Mountain View California startup to a total of $43 million in funding. The company said in a statement...
By Laura Lovett May 11, 2018
AI has been the buzz word this year across multiple industries and now top government officials are starting to take notice. Yesterday the White House hosted a summit on Artificial Intelligence for American Industry, where it announced a new AI task force. Though the details about the task force are scare, the summit highlighted the use of AI in healthcare.  The summit included over 100 senior...