This week’s reported global health innovation funding included:
Grow Therapy, a New York, NY-based mental health platform connecting patients with licensed therapists and psychiatrists covered by insurance, raised $150M in Series D funding led by TCV and Growth Equity at Goldman Sachs Alternatives, with participation from BCI, Menlo Ventures, Sequoia, SignalFire, and Transformation Capital. <source>
Honest Health, a Nashville, TN-based physician-led, value-based care enablement organization that partners with health systems and providers to drive improved patient outcomes while reducing costs, raised $140M led by NewSpring Healthcare, with participation from K2 HealthVentures, Rubicon Founders, Oak HC/FT, Welsh, Carson, Anderson & Stowe (WCAS), and Durable Capital Partners. <source>
Slate Medicines, a Raleigh, NC-based biotech company advancing next-gen therapeutics for migraine and other headache disorders, raised $130M co-led by RA Capital Management, Forbion, and Foresite Capital, with participation from an undisclosed biotech investor. <source>
Salma Health, a San Mateo, CA-based next-generation brain health company integrating advanced diagnostics, rapid-acting interventions, and continuous care coordination for psychiatric, neurological, and neuropsychiatric conditions, raised $80M co-led by Mubadala Capital and ARCH Venture Partners, with participation from Lingotto Horizon, Averin Capital, and others. <source>
Temple, a New Delhi, India-based developer of neurotechnology wearables, raised $54M led by founder Deepinder Goyal, with participation from Steadview Capital, Peak XV Partners, Info Edge Ventures, Vy Capital, Dharana Fund, Vijay Shekhar Sharma, Kunal Shah, Nithin Kamath, Nikhil Kamath, and others. <source>
Ease Health, a New York, NY-based developer of an AI-native operating system for behavioral health providers, raised $41M in Series A funding led by Andreessen Horowitz. <source>
KeyCare, a Chicago, IL-based Epic-based virtual care company providing AI-powered coordinated virtual care for health systems, raised $27.4M led by HealthX Ventures, with participation from 8VC, LRVHealth, BOLD Capital Partners, Ikigai Venture Partners, WellSpan Health, Allina Health, University of Chicago Ventures, Edge Ventures, and Exact Sciences. <source>
Third Way Health, a Los Angeles, CA-based AI-enabled services company providing front-office operational support for healthcare organizations, raised $15M led by Health Velocity Capital. <source>
Tamarind Bio, a San Francisco, CA-based developer of a no-code AI platform that makes molecular AI models accessible to life science researchers for drug discovery, raised $13.6M led by Dimension Capital, with participation from Y Combinator. <source>
BrainCheck, an Austin, TX-based provider of an AI-enabled digital cognitive assessment and care platform for health systems, raised $13M led by Next Coast Ventures, with participation from S3 Ventures and UPMC Enterprises. <source>
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Oska Health, a Frankfurt, Germany-based hybrid care provider combining personal health coaches with AI to deliver continuous care for high-risk, chronically ill patients, raised $13M (€11M) co-led by Capricorn Partners and SwissHealth Ventures, with participation from Revent, Calm Storm, LBBW Venture Capital, BMH, GoHub Ventures, and Aurum Impact. <source>
MedScout, an Austin, TX-based provider of an AI-driven commercial strategy and revenue acceleration platform for medtech companies, raised $10M led by Fulcrum Equity Partners, with participation from Live Oak Venture Partners and Stage 2 Capital. <source>
Xsensio, a Lausanne, Switzerland-based deep-tech company developing a wearable biosensing platform for continuous real-time biochemical monitoring, raised $7M (~€6M) in an oversubscribed Series A led by WI Harper, with participation from Privilège Ventures and the European Innovation Council. <source>
Centauri Therapeutics, an Alderley Park, England, UK-based immunotherapy company developing treatments for infectious diseases using its proprietary Alphamer platform, raised $8.1M (£6M) from AMR Action Fund. <source>
EMED Technologies, an El Dorado Hills, CA-based developer of drug delivery and innovative infusion therapy devices, raised $8M led by an undisclosed healthcare company. <source>
Baba, a New York, NY-based Medicare- and Medicare Advantage-covered patient advocacy platform supporting older adults and caregivers across their healthcare journeys, raised $6.5M led by General Catalyst, with participation from Genius Ventures, Soma Capital, Ground Up Ventures, Triedge Investments, and others. <source>
Burst, a New York, NY-based healthcare payments platform that helps retailers and wellness brands unlock untapped FSA and HSA spending through post-purchase reimbursement, raised $3M led by Pear VC, with participation from Rock Health Capital, Alumni Ventures, and others. <source>
Noxon, a Munich, Germany-based medtech startup developing a non-invasive, wearable muscle-computer Interface that decodes and controls human movement for applications including reducing Parkinson's tremor and restoring motor function after paralysis, raised an undisclosed seed round led by High-Tech Gründerfonds (HTGF) and Bayern Kapital, with participation from Auxxo and another investor. <source>
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