investment

By Leontina Postelnicu 06:57 am August 15, 2019
German startup secures funding. Berlin-based digital health startup mika has landed a seven-figure financing deal from venture capital firm Ananda Impact Ventures and VC Fonds Technologie Berlin, managed by the IBB investment company. The exact sum was not disclosed to the media. The startup, founded in 2017 by Dr Gandolf Finke and Dr Jan Simon Raue, has developed an app to support cancer...
By Leontina Postelnicu 06:09 am August 8, 2019
NHSX, the new unit for digital, data and technology, and the Accelerated Access Collaborative, the umbrella organisation for UK health innovation, are setting up a national AI lab in what is seen as the latest effort to move the NHS into the digital age. WHAT HAPPENED Health and social care secretary Matt Hancock unveiled the plans this week, with the new lab set to be supported by a £250m fund...

From left to right: Wojciech Radomski, StethoMe CEO and cofounder, Dario Mazzella, META Group innovation expert, Friedrich Lämmel, Thryve CEO and cofounder

By Leontina Postelnicu 03:36 am June 12, 2019
Last week, Santosh Mohan, managing director of the Brigham Digital Innovation Hub, cautioned during an Enterprise Insights Series event in Boston that the digital health market was still in its “early days”, with many expectations unfulfilled as of yet. “I want to say we are not in an investment bubble. I think the digital health solutions have started to show value and we are moving beyond...

Credit: Tencent

By Dean Koh 12:08 am April 26, 2019
China's Tencent Trusted Doctor, a venture backed by tech giant Tencent Holdings, announced that it had raised $250M in a fundraising round. The investment was led by Country Garden Holdings, Tencent Holdings and Sequoia Capital, Tencent Trusted Doctor said in a statement. The fundraising marked the first investment since the entity was formed through a merger of Tencent Doctorwork and Trusted...

Above image: The Dinsow mini, an elderly care robot made by Thai manufacturer CT Asia Robotics​. Credit: Dinsow Elderly Companion

By Dean Koh 02:20 am February 8, 2019
Under its Thailand 4.0 vision, Thailand plans to leverage on its reputation and excellence in medical services and medical devices and strengthen its position as the regional medical hub. To promote medical robotics, Thailand Board of Investment (BOI) has offered a wide range of investment promotion incentives related to three targeted activities – manufacture of automation machinery/equipment...
Patient using a phone app to manage prescription
By Leontina Postelnicu 04:15 pm August 16, 2018
Cambridge, England-based health tech company Healthera has raised $3.8 million (£3 million) in a Series A funding round led by Accelerated Digital Ventures, with participation from Cambridge Enterprise and Future Care Capital, to accelerate its expansion across the UK and ‘triple the size of [its] commercial force’, according to Managing Director Martin Hao. Healthera’s solution, already listed...
A model of the proposed facility
By Leontina Postelnicu 12:29 pm June 19, 2018
A ground-breaking facility that will harness Artificial Intelligence to develop new drugs for clinical testing within weeks is to be opened through investment from the new £103m Rosalind Franklin Institute (RFI). Funded by the government through UK Research and Innovation, the RFI will use advanced technologies such as AI and robotics to transform the drug discovery process and create new...
By Aditi Pai 06:53 am February 26, 2015
Google is considering strategic investment in Jawbone, although discussions are in preliminary stages, according to a report from Re/Code. Update: According to a report from Fortune, BlackRock is considering investing as much as $300 million in Jawbone. Fortune added that its sources said Google is not actively considering an investment. Re/Code adds Google and Jawbone have not agreed on the size...
By Brian Dolan 09:29 am October 29, 2012
Last week digital health incubator Rock Health announced its fourth class of startups, which will be the first to go through the program with the increased $100,000 in funding. Rock Health also announced last week that Kaiser Permanente, the largest integrated healthcare system in the US, has joined as a partner to the program and will help advise Rock's startups alongside its other partners,...
By Brian Dolan 06:06 am May 12, 2010
The Gary and Mary West Foundation granted the West Wireless Health Institute an additional $20 million to support biomedical engineering research. The foundation created the West Wireless Health Institute in March of last year after an initial grant of $45 million. West Wireless Health Institute CEO Don Casey is set to discuss the new funding in his keynote speech this morning at the Wireless...