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...
March 20, 2020
The novel coronavirus represents a global pandemic the likes of which haven't been seen for roughly a century, and has put enormous pressures on the healthcare system and the economy alike.
To date the World Health Organization reports 209,839 confirmed cases and 8,778 deaths due to the virus. Healthcare providers and government agencies have scrambled to find ways to treat and stop the spread...
December 31, 2019
In the final quarter of 2019, MobiHealthNews tracked 55 digital health funding deals totaling just over $1.7 billion. The three-month period was headlined by Bright Health’s $635 million Series D round and a $200 million raise from iFit, allowing it to edge out last year’s Q4 of 52 deals at $1.18 billion.
This is a slightly different story than what we see when taking the full year into...
September 20, 2018
A high amount of VC investing is often seen as an indicator of the health of the digital health space. But while investors agree there’s a lot of opportunity in the space, some investors think there may be a little too much money.
“There’s a lot more money,” Risa Stack, general manager for new business creation at GE Ventures, said in a panel discussion at Health 2.0's Fall Conference in Santa...
June 5, 2018
It’s no secret investors have been pouring billions of dollars into digital health companies, and it seems the life sciences sector has taken notice.
Today at BIO 2018 in Boston, a panel of investors sat down to take the pulse of the digital health industry and give their thoughts on the booming (and potentially crowded) market.
“The bottom line is that an immense amount of money has gone into...
October 3, 2017
Investors at GE Ventures, Sanofi Ventures, and Nexus Venture Partners turned up at Health 2.0 in Santa Clara, California this week to deliver a reality check about some of the innovations coming down the pipe in health tech.
“If you’re an early stage company looking for funding, make sure your deck says you do AI,” Iana Dimkova, director of healthcare investing at GE Ventures, joked. “It doesn’t...
April 13, 2017
Austin, Texas-based ClearDATA, a cloud services provider that exclusively serves the healthcare and life sciences market, has raised $12 million from a stable of existing investors including Merck Global Health Innovation Fund, Norwest Venture Partners, Excel Venture Management, Heritage Group, HLM Venture Partners, and Flare Capital Partners. This round brings ClearDATA's total funding to $55...
December 1, 2016
Digital health hires news has been on the slow side around the holiday season, but there is at least one big piece of personnel news: Lisa Suennen, a digital health-focused investor, has joined GE Ventures as Managing Director, focused on healthcare.
Suennen invested with Psilos Group from 1998 to 2014 and for the last two years has been doing deals and consulting at her own firm, Venture...
October 7, 2016
For the third quarter of 2016, MobiHealthNews tracked just shy of $600 million in deals. While a few large deals anchored the quarter, the majority of the 45 we tracked this quarter were small; only seven were more than $20 million, most were $10 million or less. For this analysis, we’ve omitted investments in joint ventures like Verily and Sanofi’s OnDuo as well as grant funding. Read on for the...
August 13, 2013
Last week AliveCor, which offers the FDA-cleared iPhone-enabled Heart Monitor (formerly called the iPhoneECG), appointed board member and Khosla Ventures operating partner Euan Thomson as interim CEO. Just five months ago the San Francisco-based company announced the appointment of its previous CEO Dan Sullivan, a longtime medical device industry executive and entrepreneur, who has now left the...