News

By Laura Lovett March 15, 2019
When it comes to digital health, investors get a bird’s eye view and play a major role in steering the direction of the industry’s future. That is why many are stressing the importance of a diverse viewpoint for investors in an industry focused on bringing digital tools to the masses.  Traditionally this has been a challenge for the venture space, where women only account for 12.2 percent of...
An older woman using telemedicine.

Photo by Getty

By Jonah Comstock March 15, 2019
Intermountain Healthcare will expand its longtime Homecare & Hospice program into a new technology-supported initiative called Intermountain at Home, the health system announced last week. Intermountain at Home will use telemedicine and remote monitoring along with homecare visits to expand the program from palliative care and dialysis, which the system already offers at home, to include home...
By Jonah Comstock March 14, 2019
Virta Health, the company that controversially claims to reverse Type 2 diabetes using a combination of diet and digitally-powered management efforts, has hired a big name in the digital health space as its new head of commercial: Derek Newell, who served as CEO of Jiff prior to its acquisition by Castlight. Newell stayed on with Castlight as president for a little over a year, according to his...
By Dave Muoio March 14, 2019
Clinical trial data analysis company TriNetX has raised $40 million in a Series D funding round led by Merck Global Health Innovation Fund. Also participating in the round were new investors Mitsui & Co. and Itochu Technology Ventures, and returning backers MPM Capital, F2 Ventures and Deerfield Management. Announced yesterday, the new investments bring TriNetX’s total funding to $102 million...

A HaptX glove.

By Jonah Comstock March 14, 2019
Two virtual reality companies focused on surgery, Osso VR and FundamentalVR, announced major partnerships this week at the American Academy of Orthopaedic Surgeons Annual Meeting in Las Vegas. Palo Alto, California-based Osso VR announced a partnership with medical device technology company Smith & Nephew. Osso VR will build a custom training module Smith & Nephew’s NAVIO Surgical System...
By Dave Muoio March 14, 2019
Over the past few years, video game development studio Level Ex has put out a small handful of educational mobile games designed to simulate complex patient cases and procedures for doctors. So far, these games have been designed for physicians practicing pulmonology, airway intubation, anesthesia and gastroenterology, leaving some of the company’s biggest fans itching for a game focused on their...

Rosaline Chow Koo, Founder and CEO of CXA Group. Credit: CXA Group

By Dean Koh March 14, 2019
Yesterday, Singapore-based health technology startup CXA Group, which offers an employee benefits and wellness marketplace platform, announced that it has raised $25 million in its latest round of funding. The company’s new group of strategic investors includes HSBC, Singtel Innov8, Telkom Indonesia MDI Ventures, Sumitomo Corporation Equity Asia, Muang Thai Fuchsia Ventures, Humanica and Heritas...
By Laura Lovett March 13, 2019
This morning Concepta Diagnostics, maker of the take-home home fertility monitoring system myLotus, announced a deal with the Walgreens Boots Alliance to sell its product. This news marks the first commercial agreement for the system, which was officially launched in December. So far the system has been approved for a CE mark, allowing the London-based company to begin an EU roll out.  “Boots are...
By Jonah Comstock March 13, 2019
  Correction: A brief originally included in this roundup, about Quip's funding, has been removed. The round in question was not new; it was previously reported here. ... With new investor, Klara heading to market. New York-based Klara, a healthcare messaging system, has secured a new investment from Stage 2 Capital. The amount of the investment was not disclosed. Klara brought Stage 2 in to help...
By Dave Muoio March 13, 2019
French consumer health device maker Withings has updated its sleep sensor mat with new capabilities that track breathing disturbances throughout a night’s sleep and could eventually warn users of sleep apnea. Available through a free update, the feature builds on the Withings Sleep’s primary function of monitoring sleep cycles, heart rate and snoring, and then displaying scores and suggestions to...

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