January 9, 2020
EIT Health. EU-backed healthcare collaboration network EIT Health announced in December that it awarded nearly €6 million in funding to startups working to improve the diagnosis and treatment of conditions including heart disease and Parkinson’s. Over 100 early stage companies and SMEs from 14 countries in Europe received a grant last year to further their growth through the EIT Health Headstart...
December 23, 2019
MobiHealthNews reported on 53 new acquisitions over the course of 2019. That doesn’t mean all of these deals closed this year: several of these deals were announced late in the year and won’t close until next year, while others may have closed in previous years but weren’t made public until 2019. And of course, definitions of digital health vary, and not every one of these deals will fit everyone...
December 12, 2019
Paris-based Chronolife has unveiled this morning the commercial launch of Nexkin, a CE-marked smart T-shirt that monitors six physiological indicators, designed for risk reduction and prevention programmes.
The French company has also landed funding from startup studio and investment fund iBionext, French insurance company Adrea and Swiss family office Celeste Management. The amount secured was...
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...
November 29, 2019
As pressures on healthcare systems intensify, an increasing number of consumers are turning to the use of symptom checkers in the search for fast answers – or guidance – to any concerns that they may have. But although these tools have become popular, questions around their accuracy, and not only, are plaguing the digital health space.
Last week, at Slush, Ada Health cofounder and chief medical...
November 13, 2019
Dr. Eugene Hong, Executive Director – Institutional Banking Group, Healthcare & Pharmaceuticals, DBS, who has experience in both the healthcare and finance industries, or coined by the moderator as a ‘medically trained banker’, shared that healthcare today was what FinTech was like five years ago. Digital health is still in its infancy and one of the key lessons from the finance world that...
Above photo: ANDHealth delegates at the HLTH Conference. Credit: ANDHealth
October 29, 2019
ANDHealth, an Australian organisation dedicated to supporting digital health companies in their commercialisation journey, recently announced the two-year commercial growth outcomes of its first 10 ANDHealth+ cohort companies at the Global HLTH Conference in Las Vegas, USA.
According to its official release, ANDHealth has onboarded 10 companies since 2017, raising A$24 million in new capital,...
August 6, 2019
Munich-based venture capital firm Wellington Partners has closed its largest life sciences fund to date, at €210m, it was announced last week.
German insurance company Talanx, KfW Capital, a subsidiary of KfW Group bringing together 20 VC experts, and the University of Texas/Texas A&M Investment Company participated in the fund, along with the European Investment Fund and European Investment...
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...
July 25, 2019
IPO fever is hitting a bit of a frenzy amidst a slew of recent listings, and with it has come a renewed focus on the exact boundaries of digital health — or, alternately, of health-tech, connected health, eHealth, or any of the other myriad monikers for the intersections of healthcare, technology and innovation.
As observers from various mainstream and niche industries have flocked to discuss ...