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Healthcare providers standing in the hallway of a hospital looking at a tablet
By  Jessica Hagen 02:30 pm January 11, 2024
Harbor Health, a Texas-based primary care clinic group that offers virtual and in-person care, announced it scored $95.5 million in funding, led by General Catalyst, with participation from Alta Partners and 8VC.  The investment brings the company's total raise to more than $128 million.  The funds will be used to grow its services and expand its specialty care offerings, including designing...
Healthcare provider wearing a virtual reality headset while touching a virtual screen
By  Jessica Hagen 12:39 pm January 9, 2024
Boston-based virtual reality platform XRHealth announced it secured $6 million in funding, led by Asabys Partners, with participation from NOVA Prime Fund and the company's current investors.  WHAT IT DOES XRHealth's platform allows patients with stress and anxiety, chronic pain, fibromyalgia, and neurological conditions to connect with a provider via telehealth and receive recommended therapies...
Person wearing a virtual reality headset with their hand extended toward the camera
By  Jessica Hagen 03:00 pm January 4, 2024
VMocion, a technology company focused on allowing users to "feel" the motion they see in extended reality (XR) experiences, announced it secured $3 million in seed funding.  AZ Crown and Mayo Clinic participated in the round. Eric Crown of Insight Enterprises will join the company's board of directors.   WHAT IT DOES VMocion's 3V technologies provide users with a sense of physical motion while in...
Healthcare providers in a clinic standing around a desk talking to each other
By  Jessica Hagen 03:09 pm January 3, 2024
Veradigm, a data-driven healthcare technology company, announced it acquired revenue cycle optimization platform Koha Health the same day law firm Robbins Geller Rudman & Dowd LLP announced it filed a class action lawsuit against the health technology company on behalf of its investors. The class action lawsuit was filed against Veradigm on behalf of purchasers of the company's common stock...
Person sitting in a chair looking at a tablet
By  Jessica Hagen 04:52 pm January 2, 2024
Tech-enabled Medicare Advantage company Devoted Health announced it scored $175 million in Series E funding at the end of 2023. Venture capital companies Fearless Ventures, Highbury Holdings, Stardust Equity, GIC, Maverick Ventures and The Space Between led the round. Andreessen Horowitz, Emerson Collective, Socium Ventures, The Private Shares Fund, and affiliated funds, General Catalyst, F-Prime...
Two people walking together while looking at each other and smiling
By  Jessica Hagen 01:01 pm December 28, 2023
Boston-based Heranova Lifesciences, a women's healthcare company focusing on reproductive health, pregnancy and menopause, announced its launch with $13.5 million in seed and seed+ funding. Emerging Technology Partners, Pivotal bioVenture Partners China, Sinovation Ventures and Triwise Capital participated in the round.  WHAT IT DOES The company, which also has a presence in China, offers...
Jay Rughani, investment partner at Andreessen Horowitz
By  Jessica Hagen 12:41 pm December 26, 2023
Note: Andreessen Horowitz says views expressed by its employees are their own and should not be taken as investment advice. More details at https://a16z.com/disclosures/. As 2023 comes to a close, Jay Rughani, investment partner at Andreessen Horowitz, joined MobiHealthNews to discuss his takeaways from the year, noteworthy events, recommendations for regulators forming rules around AI in...
Sehat Kahani co-founder Dr Sara Saeed Khurram (center) together with Series A funding round investors
By  Adam Ang 10:44 pm December 25, 2023
Pakistani telemedicine startup Sehat Kahani has gained $2.7 million in a Series A funding round led by the health tech fund Amaanah Circle from Singapore.  Epic Angels, Cross Fund, USAID Investment Promotion Activity,  Augmentor, Impact Investment Exchange and the Elahi Group of Companies also participated in the funding round.  WHAT IT DOES Founded in 2017 by two women doctors, Dr Sara Saeed...
Business people closing a deal after a meeting
By  Adam Ang 12:48 pm December 22, 2023
Indian AI drug discovery firm gets $1M to focus on rare diseases Peptris Technologies from Bangalore, India has received $1 million in pre-seed funding in a round led by Speciale Invest. In a statement, the AI-driven drug discovery company said it will use its fresh funds to expand its research scope to cover rare diseases, adding to its existing work in cancer and inflammation.  Cipla raises...
Employees sitting around and looking at something
By  Jessica Hagen 11:54 am December 20, 2023
Employer Direct Healthcare, a network company for employers who self-fund healthcare coverage, announced it garnered $92 million in secondary investment from Insight Partners, bringing its valuation to $1 billion.  Existing investors Redmile Group, Dundon Capital and Serent Capital will continue to receive ownership interest in the business.  The company also announced the hiring of numerous...