StartUp Health Insights: Brazilian Healthcare Startup Leads Week’s Funding | Week of Jan 4, 2022
Other rounds went to dental AI software, drug discovery infrastructure, MA insurance, healthcare analytics, and much more.
Over the last few weeks, over $435M in health innovation funding was reported, led by Alice, a São Paulo, Brazil-based tech-driven healthcare startup. The Series C round was $127M led by Softbank Latin America Fund, with participation from Kaszek Ventures, ThornTree Capital Partners, Allen & Company, G Squared, Globo Ventures, and StepStone. <source>
Other recent deals included:
Overjet, a Boston, MA-based company developing dental AI software, raised $42.5M led by General Catalyst and Insight Partners, with participation from Crosslink Capital and E14 Fund. <source>
DNA Script, a Le Kremlin-Bicêtre, France- and San Francisco, CA-based life sciences technology company that developed Enzymatic DNA Synthesis (EDS) and DNA printing on demand, raised $35M from T. Rowe Price Associates, Baillie Gifford, Healthcor Management, eureKARE, and Irving Investors. <source>
Formel Skin, a Berlin, Germany-based dermatology telehealth startup, raised €30M ($33.8M) led by Singular and Heal Capital, with participation from Cherry Ventures, Heartcore Capital, and Vorwerk Ventures. <source>
TandemAI, a Suzhou, China-based technology startup focused on drug discovery infrastructure, raised $25M led by OrbiMed and Chengwei Capital. <source>
Zing Health, a Chicago, IL-based physician-led Medicare Advantage insurance company, raised $25M from Town Hall Ventures and Leavitt Equity Partners. <source>
Apella, a San Francisco, CA-based technology company focused on improving surgery, raised $21M led by Casdin Capital, with participation from Vensana Capital, PFM Health Sciences, Twine Ventures, Upside Partnership, Operator Partners, and individual investors. <source>
Embold Health, a Nashville, TN-based healthcare analytics company, raised $20M led by Echo Health Ventures. <source>
Scitara, a Marlborough, MA-based provider of lab-specific, cloud-based software solutions for the life sciences, raised $15M. <source>
Glassbeam, a Santa Clara, CA-based developer of machine data analytics for connected medical equipment, raised $10M led by Appian Way Asset Management, with participation from MultiCare Health System. <source>
Somatix, an AI-powered remote patient monitoring digital health platform based in Raanana, Israel, and New York, NY, raised $9.4M. <source>
Janus Health, a Chicago, IL- and Madison, WI-based process improvement platform for revenue cycle operation, raised $8M led by Ensemble Health Partners and Caduceus Capital Partners. <source>
WhizAI, a Somerset, NJ-based augmented consumer platform for the life sciences industry, raised $8M led by Vertical Venture Partners. <source>
Osigu, a Miami, FL-based claims processing and e-prescription platform for Latin America, raised $7.5M led by IDC Ventures, with participation from Jose Vargas. <source>
Hand in Hand Health, a New York, NY-based Medicare Advantage care navigator, raised $7.1M. <source>
Univfy, a Los Altos, CA-based fertility care startup, raised $6M led by Atlantic Street Capital. <source>
Med Claims Compliance Corporation, a Georgetown, TX-based healthcare platform as a service (PaaS) company, raised $5.7M from Goldlog, The Monaco Venture Capital Association , The Berning Group, Beaufort Europe Technology Fund, LALUSA, Houseguest 1022, ECOT Mgmt, McKinney, Future, S&J Private Equity, Sabra International, Rondo Investments, Diamond Pointe Investments, The Monaco SDG Foundation, and private physicians from the US and Europe. <source>
Maya Health, a Denver, CO-based psychedelic treatment platform, raised $4.3M from The Conscious Fund, Leafy Tunnel, Meyer Mishkin, and Cosmo Feilding-Mellen. <source>
Kiira Health, a Los Angeles, CA-based technology-enabled healthcare provider focused on addressing the needs of young multicultural women, raised $4M led by 500 Global and Forum VC, with participation from Serena Ventures, California HealthCare Foundation, and others. <source>
Smarter Health, a Singapore-based developer of an infrastructure for healthcare data exchange, raised SGD 5.15M ($4.1M) led by East Ventures, with participation from Orbit Malaysia, Citrine Capital, HMI Group, Emtek, and Blue7. <source>
MyHealthMath, a Portland, ME-based creator of a health benefits enrollment navigation platform, raised $3.5M led by Jennus Innovation. <source>
20n Bio, a Malvern PA-based AI-powered drug discovery startup, raised $3.3M led by BlueRun Ventures China. <source>
WEconnect, a Seattle, WA-based addiction recovery app, raised $2.9M. <source>
Parallel Learning, a New York, NY-based digital health company that provides psychoeducational services, raised $2.8M led by Vine Ventures, with participation from Global Founders Capital, Great Oaks, Animal Capital, and others. <source>
Basil Systems, a Boston, MA-based healthcare data analytics provider, raised $2.5M. <source>
Rhaeos, an Evanston, IL-based clinical-stage medical device company, raised $2.2M from Creative Ventures, Portal Innovations, Lateral Capital, Cedars-Sinai Accelerator, Kyto Life Science and Technology, Band of Angels, Northwestern University’s NXT Fund, University of Michigan Social Venture Fund, and private investors. <source>
Flourish, an Austin, TX-based female-focused nutrition and health platform, raised $1M led by True Wealth Ventures, with participation from Halogen VC and Monique Nolk-Yates. <source>
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