This week’s reported global health innovation funding included:
Function Health, an Austin, TX-based lab testing and diagnostics platform, raised $450M in growth financing from General Catalyst's Customer Value Fund (CVF). <source> (For more on General Catalyst's approach to healthcare investing, revisit our recent Fireside Chat: What It Takes to Get General Catalyst’s Attention – and a Look Inside Their Big Bet on Healthcare Transformation.)
QuantHealth, a Tel Aviv, Israel-based provider of an AI-driven clinical trial simulation platform, raised $45M in a Series B led by Qumra Capital, with participation from Pitango HealthTech, Sanofi Ventures, Bertelsmann Healthcare Investments, GC Ventures, and other investors. <source>
Inocras, a San Diego, CA-based bioinformatics platform for whole-genome sequencing in precision oncology, raised $31M in an oversubscribed Series B-3 from NDS Corporation, Aimed Bio, IMM Investment, Korea Investment & Securities, DSC Investment, Dunamu & Partners, and InterVest. <source>
Dash Bio, a Waltham, MA-based automated bioanalysis platform for drug development, raised $30M in a Series A led by Oak HC/FT, with participation from Freestyle Capital and Swift Ventures. <source>
Epitel, a Salt Lake City, UT-based AI-driven wireless EEG monitoring company, raised $26M in a Series B co-led by Catalyst Health Ventures and Genoa Ventures. <source>
Qureight, a Cambridgeshire, England, UK-based AI imaging platform for clinical trials, raised $20M in a Series B led by Molten Ventures, with participation from Hargreave Hale AIM VCT, XTX Ventures, Guinness Ventures, Meltwind, and Ascension. <source>
Healia, a Columbus, OH-based healthcare benefits platform for dual-income families, raised $18M, including a $14M Series A led by 111° West Capital, with participation from Y Combinator, First Round Capital, Pioneer Fund, GoAhead Ventures, and North Coast Ventures. <source>
Vivid Dx, an Oxford, England, UK-based AI-powered precision diagnostics platform for pathogen detection and antimicrobial resistance testing, raised $15M in a Seed round co-led by Oxford Science Enterprises and Cedars-Sinai Intellectual Property Co., with participation from Jameel Investment Management Company. <source>
Precise Behavioral, a Westlake Village, CA-based behavioral health services and technology platform, raised $14.2M led by A1 Health Ventures, with participation from Ziegler Link-Age Fund, Converge Capital Partners, and Granite Financial Holdings. <source>
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Onalabs, a Barcelona, Spain-based developer of continuous, non-invasive health monitoring solutions, raised €9.3M (~$10.7M) from the Spanish Society for Technological Transformation (SETT), 1921 Ventures, nPrime, Reig Patrimonia, and WA4STEAM. <source>
Procode AI, a Los Angeles, CA-based AI-powered revenue cycle management platform, raised $10M in a Series A led by Health Velocity Capital. <source>
Throne Science, an Austin, TX-based AI-powered gut health monitoring platform, raised $10M in a Series A led by Will Ventures, with participation from Emerson Collective, Workshop, LEAD VC, Salt VC, Accomplice, and Moxxie Ventures. <source>
Ahead Health, a Zurich, Switzerland-based preventive healthcare platform, raised €8.7M (~$10M) led by 3VC and RTP Global. <source>
DITTO, a London, England, UK-based menstrual health platform, raised $6M in a Seed round from FoodLabs and Eka Ventures. <source>
Aurenar, a St. Louis, MO-based non-invasive neuromodulation platform, raised $5.7M in a Seed round led by American Heart Association Ventures' Go Red for Women Venture Fund and Solas BioVentures, with participation from BJC Health and Kaleida Capital. <source>
Mirae Health, a New York, NY-based AI-driven continuous care platform for autoimmune disease, raised $5.4M led by Oxford Science Enterprises. <source>
SoundHealth, a Los Altos, CA-based maker of AI-enabled wearable therapy devices, raised $5.25M in a Series A led by Shangbay Capital. <source>
Navi Medical Technologies, a Melbourne, Australia-based medical device company, raised A$6.8M (~$4.77M) led by KP Rx, with participation from Innovation Victoria and Pacific Channel. <source>
Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox. Follow us on LinkedIn for daily updates on Health Moonshots.
