funding

Coins with a clock in the background.
By  Thiru Gunasegaran 01:58 am May 6, 2021
Chinese medtech firm Ronovo Surgical has raised an undisclosed amount in a Series A funding round. The financing round was led by Matrix Partners China and US-based Vivo Capital, which manages about $5.8 billion worth of assets. WHAT IT DOES Staffed by surgeons, medtech veterans and robotics experts, the two-year-old company aims to “democratise” digital and minimally invasive surgery (MIS) in...
Turing College, Y Combinator, data science, Biomapas, life sciences, AI
By  Sophie Porter 02:10 am April 29, 2021
Lithuanian data science startup Turing College has been selected for the W21 batch of the Y Combinator, a Silicon Valley accelerator programme. Turing College is a data science and AI edtech startup that enables students to learn at their own pace on a peer-driven remote learning platform. With demand for data scientists ballooning, the Vilnius-based company hopes to solve recruitment issues by...
Kry, investor, Livi
By  Tammy Lovell 09:27 am April 27, 2021
Digital healthcare company Kry, operating as Livi in the UK and France, today announced a funding round of more than $300 million to fuel its European expansion plans. The Series D funding round was led by CPP Investments (CPPIB) and Fidelity Management & Research LLC with participation from existing investors, including the Ontario Teachers’ Pension Plan (Ontario Teachers’), Index Ventures,...
Buddy Healthcare, BuddyCare
By  Sara Mageit 09:47 am March 30, 2021
Health technology company, Buddy Healthcare has concluded a funding round of €2 million to develop its automated care coordination platform BuddyCare. This latest funding round is led by UTU Invest Oy and Swedish investment company Nidoco AB, a subsidiary of Virala Oy Ab owned by Alexander and Albert Ehrnrooth. Former shareholders such as Spartamed Oy, led by physician investor Ali Omar, also...
wellness app
By  Sara Mageit 08:38 am February 19, 2021
Wellness and fitness coaching app, actio has extended its seed round to €10 million with a new investment from fellow Berlin-based venture capital firm Heal Capital. The startup secured a seed funding of €8.5 million from HV Capital and Cavalry Ventures in December 2020. WHY IT MATTERS According to the World Health Organisation, depression is the leading cause of global disability, affecting over...
Wingcopter, drones
By  Sara Mageit 06:33 am January 28, 2021
Award-winning manufacturer of eVTOL (electric vertical take-off and landing) drones dedicated to humanitarian initaitives, Wingcopter, has secured $22 million (€18M) in Series A funding. The financing round was led by Silicon Valley-based Xplorer Capital, a key investor in autonomous technologies, and Futury Regio Growth Fund, a Germany-based growth capital fund focusing on investments in...
PatchAi
By  Sara Mageit 06:29 am January 14, 2021
Padua-based digital health startup, PatchAi has closed a €1.7 million round led by UV Cap and SFEM Italia, joined by a follow-on investment from Healthware Ventures. This is the third round closed by the startup accelerated in Silicon Valley by Plug and Play, for a total of €2.56 million raised in two years since the founding date. The funds raised will allow PatchAi to expand its business to...
Babylon, funding
By  Tammy Lovell 09:05 am December 22, 2020
UK startup Babylon Health has scored $100 million (£74.5m) in a convertible loan led by Swedish listed fund VNV Global. The new investment is part of the financial round of 2019, which saw the firm raise $550 million (£410m) in Series C funding. VNV Global invested the full $100 million round in Babylon through Global Health Equity, a newly established company within the VNV Global group. $35...
uMed
By  Sara Mageit 11:25 am December 1, 2020
UK-based research technology company uMed has raised £3.7 million to help healthcare providers in the UK and US, including GPs, hospitals and health specialists, run patient research more efficiently while safeguarding patient data and ensuring regulatory compliance. VC investors AlbionVC, Delin Ventures and Playfair Capital are backing uMed’s latest round of funding, along with Silicon Valley’s...
NHS, COVID-19, MediShout
By  Sara Mageit 04:29 am November 24, 2020
London-based digital platform and app, MediShout has closed a £1 million seed round, led by Episode 1 Ventures. Founded by NHS surgeon, Ash Kalraiya, the app was inspired by his experience of procedure delays caused by faulty equipment or not having the right stock. The MediShout app is being used in six NHS hospitals to connect staff, equipment suppliers and service maintenance teams. WHY IT...