News

South Korean Breast Cancer Diagnostics Company Lunit Secures $150M to Accelerate Growth

AI-enabled cancer diagnostics company Lunit, recently announced a financial boost with a $150M investment from its shareholders. The South Korean company, listed on the KOSDAQ, plans to invest these funds into new product development and strengthen its foothold in Western markets. The recent funding milestone is complemented by Lunit’s achievement in securing its third 510(k) clearance from the U.S. Food and Drug…

Movano Health Launches Evie, Its Smart Ring Focused on Women’s Health

Movano Health has started accepting orders for the previously announced Evie Ring, a new smart ring designed with a focus on women’s health. The product is marketed as an alternative offer in the wearable technology market, offering health and fitness monitoring features specifically tailored for women. Developed based on research into physiological differences between men and women, and incorporating feedback from over…

Hims & Hers Unveils MedMatch in a Bid to Advance Personalized Healthcare Through AI

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…

Mammogen Achieves CLIA Validation for Its Early Detection Blood Test for Stage I Diagnosis of Breast Cancer

Mammogen, a precision diagnostics company, has recently completed the Clinical Laboratory Improvement Amendments (CLIA) validation for its genTRU-breast assay. This blood test is designed for the early detection of breast cancer and marks a significant step in the field of women’s health diagnostics. The foundation of Mammogen was inspired by a personal experience: the founder’s sister’s best friend, Katy, was diagnosed with…

Dove and Open Source Afro Hair Library Release Pioneering Guide for Coding Black Hair in Gaming

Dove, in collaboration with the Open Source Afro Hair Library, has just launched a groundbreaking initiative, “Code my Crown”, setting a new bar in the gaming industry for the representation of Black hair textures and styles. This pioneering project introduces the first-ever comprehensive and free guide for coding textured hair and protective styles in video games, marking a significant stride towards inclusivity…

German Menopause Startup Frieda Health Raises €2.5M in Pre-Seed Funding

Berlin-based femtech startup Frieda Health has secured EUR 2.5 million in pre-seed funding from the Maximon Longevity Co-Investment Fund, an investor and company builder specializing in the longevity sector. This investment will support Frieda Health’s ongoing development of a digital health platform focused on women’s health, particularly for those aged 45 and above, during menopause. The platform developed by Frieda Health integrates…

New Horizons in Birth Control for Men  

The following guest post was written by L.R. Fox, the Chief Executive Officer of NEXT Life Sciences, Inc., a medical device company striving to transform lives through the development of its lead program, Plan A, a safe, effective, and reversible contraceptive solution for men. Fox’s goal for Plan A is to become a game-changer in family planning and men’s first choice in…

Swiss Medical Device Company Pregnolia Raises $2.47M to Advance Premature Birth Diagnostics

Pregnolia, a Zurich-based medical technology company, has recently announced the completion of a successful funding round, securing 2.2M Swiss francs (USD $2.47M) from investors. This investment will primarily be directed towards the development and expansion of the Pregnolia device, a novel system aimed at improving the diagnostics of premature birth risks. Premature birth remains a significant global health concern. The World Health…