Health and wellness platform Hims & Hers has recently introduced MedMatch, a new technology poised to change the landscape of healthcare delivery. MedMatch is designed to enhance the accuracy and effectiveness of personalized patient care by leveraging advanced treatments and medication options. Currently in its beta testing phase, MedMatch utilizes artificial intelligence and machine learning, drawing on a large, anonymized dataset from…
New York-based venture capital firm Black Opal Ventures (BOV) has launched a health-tech fund aimed at advancing the healthcare sector through technology. The fund, co-founded by MIT alumnae Dr. Tara Bishop and Eileen Tanghal, has raised $58M to date and has attracted capital from major institutions like Eli Lilly and Company, Bank of America, and others. Black Opal Ventures’ primary focus is…
Sofinnova Partners, a European venture capital firm with bases in Paris, London, and Milan, has announced the closing of its “Sofinnova Digital Medicine I” fund, amassing $200M (€190M). This new fund represents the largest early-stage digital medicine fund in Europe, surpassing its initial fundraising target. The fund, led by Edward Kliphuis and Simon Turner, aims to advance the digital healthcare sector. It…
Signos, a comprehensive metabolic health platform that includes a proprietary AI-engine with a continuous glucose monitor (CGM) to provide real-time data and recommendations for healthy weight management, announced $20 million in Series B funding to respond to the obesity and metabolic health crisis plaguing the US. This new round will allow Signos to expand its core team and platform and conduct additional…
The U.S. Food and Drug Administration has recently announced the creation of a new Digital Health Advisory Committee to help the agency explore the complex, scientific and technical issues related to digital health technologies (DHTs), such as artificial intelligence/machine learning (AI/ML), augmented reality, virtual reality, digital therapeutics, wearables, remote patient monitoring and software. The Digital Health Advisory Committee will advise the FDA…
MDisrupt, established in 2020, has emerged as a vital service in the healthtech industry, creating a platform where healthtech and life science companies can connect with specialized healthcare expertise on demand. To facilitate further growth, the company has now raised $3M in seed funding from The Venture Collective, Capita3, 3plus VC, Geek Ventures, and Mindshift Capital, among others. The new funds will…
Curio Digital Therapeutics has unveiled promising data from the Supporting Maternal Mental Health and Emotional Regulation (SuMMER) trial, a study carried out in collaboration with HITLAB. The trial focuses on evaluating the effectiveness of MamaLift Plus, a digital therapeutic designed to support women dealing with perinatal mood disturbances. SuMMER, a nationwide, randomized, placebo-controlled trial, spanned eight weeks and involved 141 participants. These…
In an era where the digital transformation of healthcare has become increasingly imperative, 7wireVentures is taking a substantial step forward in supporting high-potential companies that are leading the charge. The venture capital firm, known for its commitment to fostering innovation in the healthcare sector, has recently raised a new investment vehicle – a $217M Growth & Opportunity Fund (GO Fund). The new…
