Digital Health

OxiFlow

Credit: OxiFlow

By  Tammy Lovell 06:52 am April 8, 2021
Origami is more traditionally associated with the art of paper folding, but one British startup is using the technique to develop a treatment for brain aneurysms. Oxford Endovascular Ltd has raised $10 million in Series A funding for its OxiFlow solution, which aims to overcome challenges with existing medical devices. Vulpes Investment Management led the round, with the Additio Investment Group...
MySugr and Novo Nordisk

(Photo credit: mySugr) 

By  Laura Lovett 02:53 pm April 7, 2021
Roche's diabetes management app mySugr's Logbook is now integrating with Novo Nordisk's connected insulin pens: the NovoPen 6 and NovoPen Echo Plus. Patients will be able connect the mySugr Logbook to their smart-pen device in order to create more data set and reports with more insights. According to the companies, the goal is to be able to share more insights with healthcare providers in order...
Stethoscope, money and a calculator.

Photo by IronHeart/Getty Images

By  Mallory Hackett 02:46 pm April 7, 2021
Watertown, Massachusetts-based Firefly Health has closed its $40 million Series B funding round, led by Andreessen Horowitz. The health navigation and concierge platform also got backing from previous investors F-Prime Capital and Oak HC/FT. Along with the funding, the company has added a16z General Partner Julie Yoo to its board of directors, which is led by Jonathan Bush, cofounder and former...
Fitbit

(Photo credit/ Fitbit) 

By  Emma Murphy 02:01 pm April 7, 2021
Student athletes will now be donning Fitbits in an effort to study the connection between illnesses and wearable device tracking.  On April 1, the Pac-12 Conference announced a research collaboration with Fitbit and researchers at Stanford Medicine to study whether wearable devices can help detect and track infectious diseases like COVID-19.  About 1,000 student athletes across all Pac-12...
Business people shaking hands

Photo by Martin Barraud/Getty Images

By  Mallory Hackett 12:01 pm April 7, 2021
Better Therapeutics, a nutritional cognitive behavioral therapy digital therapeutics company, announced plans today to go public by merging with special purpose acquisition company Mountain Crest Acquisition Corp II. The deal is expected to close this summer, subject to stockholder approval, and will raise $113 million for the combined company. It includes a $50 million private investment in...
gammaCore, headache, covid-19, nhs

Credit: gammaCore

By  Sophie Porter 11:38 am April 7, 2021
gammaCore, a handheld device used to alleviate cluster headaches, is now availble through NHS England following successful trials. The roll out of the medical device is supported by the Medtech Funding Mandate, which fast-tracks innovations in the NHS. This mandate is part of the NHS Long Term Plan and came into effect on 1 April 2021. WHY IT MATTERS gammaCore works to relieve pain by delivering...
BlueJeans Telehealth dashboard.

Photo by BlueJeans by Verizon

By  Mallory Hackett 12:07 pm April 6, 2021
Telecommunications giant Verizon has etched its name into the ever-growing list of virtual care platform developers with this week’s announcement of BlueJeans Telehealth. The telehealth offering was built from the ground up with collaboration from an advisory board of health system clinicians, creating a platform designed with the needs of providers in mind, Verizon said in the announcement. The...
Deals

(Photo by Klaus Vedfelt/Getty Images)

By  Laura Lovett 11:56 am April 6, 2021
Digital therapeutics company Pear Therapeutics is looking to integrate digital biomarkers, machine learning algorithms and sensor-based technologies into its platform thanks to new licensing deals and partnerships. The Boston-based DTx company has inked collaboration deals with Empatica and etectRx, as well as licensing tech from KeyWise. Specifically, Pear's collaboration with Empatica will...
Series B, funding, Zedsden

Piggy bank (Photo by Kwanchai Lerttanapunyaporn _ EyeEm_Getty Images)

By  Tammy Lovell 09:51 am April 6, 2021
UK health tech startup Zedsen has announced a $12M (£8.7M) Series B round of funding at a $110 valuation. The London-based firm makes non-invasive sensors which use key biological signals from consumers’ bloodstreams to provide personalised health insights.  Investors include Joseph R Grano, former chairperson and CEO of UBS Financial Services Inc, Nasser Kazeminy, founder of NJK Holding and...
Stethoscope, money and a calculator.

Photo by IronHeart/Getty Images

By  Mallory Hackett 12:40 pm April 5, 2021
The digital health sector just wrapped up its largest funding quarter to date, bringing in $6.7 billion during the first three months of 2021, according to Rock Health’s quarterly report. While the past year’s unprecedented acceleration of digital health is expected to continue throughout the remainder of the year, analysts will be keeping an eye out for signs of an industry slow-down. “This...