company

Data exchange company Moxe Health secures $25M

Healthcare data exchange startup Moxe Health raised $25 million in growth capital from Trinity Capital. WHAT IT DOES The company offers payers and providers tools for sharing patient health record information. Moxe’s convergence product allows payers to input their insights into the EHR for providers. For providers specifically, the company offers its digital release of …

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Discount drug company Waltz Health moves into Medicare market

Waltz Health, a digital search engine for prescription pricing and reimbursement, announced its move into the Medicare market.  The Chicago-based company will provide health plans supporting Medicare beneficiaries in accessing lower prescription drug prices via its Marketplace Search technology, an AI-enabled search engine that health organizations can give to their consumers that utilizes data from …

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Live tumor imaging company Elephas garners $55M

Elephas, an oncology-focused diagnostics platform, announced it secured $55 million in Series C funding, bringing its total raise to $116.5 million.  Venture Investors Health Fund and the State of Wisconsin Investment Board (SWIB) led the round.  Existing investors Northpond Ventures, Moore Strategic Ventures, WARF Ventures, Tao Invest, Sands Capital and ARCH Ventures also participated in …

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4D cardiac imaging company LUMA Vision secures $22M

LUMA Vision, maker of a 4D cardiac imaging and navigation platform that uses machine learning, announced it secured $22 million in Series A3 financing.  The round was led by existing investors ABV Uni Fund, imec.xpand, and EQT Lifesciences and included new investors Bayern Kapital, Atlantic Bridge Growth Fund and an undisclosed strategic investor.  WHAT IT …

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Machine learning medical diagnostics company Cytovale scores $84M

Cytovale, a medical diagnostics company focused on developing technology that helps diagnose diseases, announced that it has scored $84 million in Series C funding, led by Norwest Venture Partners, with participation from other investors.  WHAT IT DOES Cytovale offers its diagnostic test, IntelliSep, which received FDA 510(k) clearance last year. The test aims to assist …

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Yamaha Motors launches healthcare company focused on analyzing antibodies

Yamaha Motors announced the launch of its new healthcare company, dubbed Tuning Fork Bio. It will use an antibody-profiling service to test and analyze people’s antibodies in order to help providers prevent disease and determine proper treatments when conditions are found.  Tuning Fork Bio will utilize the Cell Handler platform, a cell picking and imaging system …

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Henrietta Lacks’s Family Settles with Company That Used Her Cells

The family of Henrietta Lacks, the Black woman whose cancer cells were taken without consent and used to pioneer numerous medical discoveries, reached a settlement on Monday with a biotechnology company that had used the cells. In a lawsuit filed in October 2021, descendants of Ms. Lacks, who died decades ago, accused the company, Thermo …

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Hybrid behavioral healthcare company Octave scores $52M

Hybrid value-based behavioral healthcare provider, Octave, announced it had scored $52 million in Series C funding, bringing its total raise to $86 million.  Cigna Ventures, Novo Holdings and Avidity Partners led the round, with participation from existing investors Greycroft Partners, Health Velocity Capital, Obvious Ventures, Company Ventures and Felicis Ventures.  WHAT IT DOES Octave offers …

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Employer health benefits company Gravie scores $179M and more digital health fundings

Employer health benefits company Gravie has garnered a whopping $179 million equity investment from General Atlantic with participation from existing investors AXA Venture Partners and FirstMark Capital.  The Minneapolis-based company offers small and medium-sized businesses a health plan called Comfort, which it calls a comprehensive plan with zero copays on most common healthcare services such …

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Medication risk analysis company MDI Health raises $20M

Healthcare analytics company MDI Health scored $20 million in Series A funding, bringing the company’s total funding to $26 million. Intel Capital led the round with participation from Maverick Ventures Israel alongside existing investors Fresh.Fund, Arc Impact, Hanaco Ventures, Jumpspeed Ventures, former Optum senior vice president Richard Montwill, Welltech Ventures and Basad Ventures. Yoni Greifman, …

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