April 29, 2020
Singapore-based digital health company, Intellect, which was founded in 2019, has recently launched an app that provides a new form of digital therapy without any human intervention. The personalized app transforms conventional face-to-face therapy into bite-sized modern self-therapy sessions at the user’s own convenience.
It tackles a variety of issues pertaining to the user’s personal...
April 24, 2020
Limbix Italia have supplied Schiavonia COVID Hospital with VR headsets in a bid to improve the psychological and emotional wellbeing of its staff. The virtual reality hardware uses visualisation and guided breathing techniques to reduce stress and anxiety in healthcare workers and support staff working long shifts treating patients suffering from coronavirus.
The new virtual healthcare system was...
April 16, 2020
The FDA released new guidance on digital health devices for treating psychiatric disorders that waives several regulatory requirements – such as need to submit a 510(k) premarket notification – for the duration of the COVID-19 emergency.
"Device availability may increase patient access to digital therapeutics while individuals are following 'stay at home' orders or practicing social distancing,...
Credit: Weldmar Connect, Inhealthcare
April 9, 2020
EVERGREEN LIFE BUILDS HEAT MAP SHOWING INCIDENCES OF COVID-19 IN UK
Healthcare app Evergreen Life is compiling a heat map that exposes trends in local behaviour during the coronavirus pandemic. The map outlines whether users are experiencing symptoms of COVID-19 and if they are abiding by government advice to stay at home (excluding key workers). So far, it has collected more than 50,000...
April 8, 2020
Mindler, Sweden’s largest digital mental health platform, recently succeeded in raising €8 million in Series A funding. The company, which noted a steep increase in demand for psychological services since the COVID-19 outbreak, has secured backing from Ventech and Schibsted Growth to aid in their European expansion.
WHAT THEY DO
The startup, founded in 2018, aims to make psychological help...
March 25, 2020
Clinical psychologists at medical device firm Flow Neuroscience have offered guidance to support and manage mental health during the COVID-19 pandemic.
The Swedish startup says that its brain stimulation headset is a modern drug-free treatment for depression, which does not require health services, such as the NHS.
Clinical studies published in the New England Journal of Medicine and the British...
March 18, 2020
As cases of COVID-19 around the world increase, it is not only people’s physical health which is under threat.
Uncertainty, constant news and social isolation can trigger anxiety for many, especially those with pre-existing mental health conditions.
Stephen Buckley, head of information at UK Mind, said the pandemic is “causing people a lot of concern and media coverage might play a role in...
March 11, 2020
Lyra Health, maker of a digital benefits platform focused on behavioral health, announced today that it is adding $75 million in Series C funding to the roughly $100 million it had raised previously.
The new investments were headed by IVP, with additional support coming from new backer Meritech Capital Partners and prior investors Casdin Capital, Crown Venture Fund, Glynn Capital, Greylock...
Left to right: Barnaby Perks, CEO of Oxford VR, and Ash Patel, Optum Ventures principal; Credit: Oxford VR
February 12, 2020
British firm Oxford VR has secured £10 million in a Series A funding round led by Optum Ventures, with support from Luminous Ventures. Existing backers Oxford Sciences Innovation, Oxford University Innovation and GT Healthcare Capital Partners also participated.
WHAT THEY DO
Oxford VR, a spinout from the department of psychiatry at the University of Oxford, was founded in 2017. It builds on two...
February 11, 2020
This morning workplace mental health platform Unmind scored $10 million in Series A funding. Project A led the round with additional participation from Felix Capital.
This comes less than a year after the London-based startup announced a $3.8 million (£3 million) raise led by Felix Capital and private investors Michael Whitfield and Chris Bruce.
WHAT THEY DO
The British company focuses on...