StartUp Health Insights: AI-Driven Innovation Dominates Funding | Week of Nov 14, 2023
The exponential value of AI is seen in recent funding, in startups focused on imaging, behavioral health, heart disease, drug development, infertility, and more.
This week’s reported health innovation funding included:
Elucid, a Boston, MA-based startup that provides AI-based imaging software for heart disease, raised $80M led by Elevage Medical Technologies. <source>
Eleos Health, a Boston, MA- and Tel Aviv, Israel-based company that specializes in AI for behavioral health, raised $40M led by Menlo Ventures, with participation from F-Prime Capital, Eight Roads, Arkin Digital Health, SamsungNEXT, and ION. <source>
Vida Health, a San Francisco, CA-based provider of virtual cardiometabolic care services, raised $28.5M led by General Atlantic, Ally Bridge, Canvas Ventures, Hercules Capital, and others. <source>
Stellaromics, a Boston, MA-based provider of in-situ spatial multi-omics technology, raised $25M from Plaisance Capital Management and a private family office. <source>
Kythera Labs, a Franklin, TN-based healthcare technology and data analytics company, raised $20M led by BIP Ventures and CIBC. <source>
Needed, a Los Angeles, CA-based personalized perinatal supplement startup, raised $14M led by The Craftory, with participation from Seae Ventures and Crescent Ridge Partners. <source>
Surglasses, a Taichung, Taiwan-based company advancing AR augmented reality surgical navigation systems, raised $6.5M led by Taiwania Capital, with participation from Integrated Capital, 500 STARTUPS V, Wisdom Capital Limited Partnership, and Sustainable Impact Capital. <source>
Jana Care, a Watertown, MA-based developer of at-home self-administered testing technologies for chronic kidney and heart disease management, raised $6M led by IAG Capital Partners, with participation from Agent Capital, First Avenue Ventures, Minocherhomjee Family Trust, Patamar Capital, Team Fund LP, and MK Energy Corporation. <source>
Forum, a New York, NY-based peer support marketplace, raised $5.3M led by NextView Ventures, with participation from MBX Capital, Cue Ball Capital, SRB Ventures’ Sahil Bloom, Romeen Sheth, Shaan Puri, and City Light Capital. <source>
HeartBeat.bio, a Vienna, Austria-based biotech company providing a human organoid and AI-supported drug discovery platform for heart disease, raised €4.5M ($4.8M) led by i&i Biotech Fund, Invest AG, aws Gründungsfonds II, and Tensor Ventures. <source>
BioPhy, a Philadelphia, PA-based developer of AI-based tech for drug development, raised $4.5M from Metrodora Ventures and individual investors. <source>
Cercle, a startup using AI to advance infertility treatments for women, raised $4.2M led by Sandberg Bernthal Venture Partners. <source>
Nema Health, a New Haven, CT-based provider of a virtual treatment program delivering evidence-based care for PTSD, raised $4.1M led by Optum Ventures and .406 Ventures, with participation from GreyMatter Capital and angel investors. <source>
CoverSelf, a San Francisco, CA-based healthcare-specific claims accuracy platform, raised $3.4M from 3one4 Capital, BEENEXT, Z21 ventures, and individual investors. <source>
Heali, a Santa Monica, CA-based personalized nutrition platform, raised $3M led by Astanor Ventures. <source>
Betterleave, an Austin, TX-based provider of a platform focused on improving access, experience, and outcomes, while lowering the total cost of bereavement care, raised $2.4M led by Chingona Ventures, with participation from Bread and Butter Ventures, Vitalize VC, Wisdom Ventures Fund, Coyote Ventures, and AARP. <source>
BeMe Health, a Miami, FL-based creator of an interventional behavioral health platform built by and for teens, raised $1.5M from Blue Cross and Blue Shield of Kansas. <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.
Call for T1D Innovation
Are you a scientist or innovator focused on T1D innovation who would benefit from education about how to navigate and build a company that will be successful in attracting mission-aligned capital, customers, and collaborators to pursue scientific discoveries in the field of Type 1 diabetes? Learn more and apply for a T1D Fellowship.
Become a Health Moonshot Champion
Health moonshots are fueled by passionate families, foundations, and industry organizations committed to achieving health moonshots. Learn how you can join other champions of the T1D Moonshot or one of our other global health moonshots.
Follow us on social media for daily updates on Health Transformers: Twitter, LinkedIn, Facebook, and Instagram.
