Digital health news, funding roundup in the prior week; July 18

With $150B already invested, VC is about to have one other recording breaking 12 months

With $150B already invested, VC is about to have one other recording breaking 12 months. There was $75 billion invested throughout an estimated 4,302 offers within the second quarter of this 12 months; whereas the quantity invested stayed the identical quarter-to-quarter, the variety of offers fell 4 %. In all, this brings the entire for the primary half of the 12 months to $150 billion invested throughout 8,406 offers. One other document breaking 12 months for enterprise is all however assured now: 2021 has already raised over 91 % of the $164.3 billion raised in 2020, and seen 68 % of the 12,362 offers. Read more

Mantra Health: Psychological well being startup for school college students, Mantra Well being, provides teletherapy providers for bipolar I dysfunction. Mantra is ready to combine with their purchasers’ College Well being Providers to make a collaborative mannequin. College students with bipolar I will faucet into teletherapy for assist. The software may also supply ongoing screenings for signs in between appointments, and college students can textual content telehealth suppliers with any questions, or share data with college well being clinicians. Read more

Youper: Youper this week introduced the outcomes of a collaborative research with Stanford College which confirms the success of its AI Remedy for therapy of tension and despair. Validating that digital psychological well being interventions for wherever, anytime remedy are efficient for managing emotional misery, Youper customers noticed a lower in nervousness by 24% and a lower in despair by 19% in simply two weeks and sustained at 4 weeks. The benchmark research was not too long ago printed in JMIR. Read more

Stemson Therapeutics: Stemson Therapeutics is a San Diego-based startup aiming to create a hair loss therapy that makes net-new hair follicles. Stemson Therapeutics has raised $15 million in Collection A funding. DCVC led, and was joined by AbbVie Ventures and Genoa Ventures. Read more

Swift Medical: Swift Medical is a Toronto-based firm whose software program goals to streamline medical and administrative wound care administration workflows. Swift Medical has raised $35 million in Collection B funding. Virgo Funding Group led the spherical, by way of certainly one of its managed-investment funds. Earlier backers DCVC and BDC Capital’s Ladies-in-Tech Fund additionally joined the spherical, together with quite a few others.  Read more

Castor: Castor is a Hoboken, N.J.-based medical trial software program. Castor has raised $45 million in Collection B funding. Eight Roads Ventures and F-Prime Capital led the spherical, joined by Two Sigma Ventures and Inkef Capital. Read more

Entos: Entos is a San Diego-based developer of small-molecule therapeutics. Entos raised $53 million in Collection A funding. Coatue led the spherical, joined by Catalio Capital Administration. Read more

Ribon Therapeutics: Ribon Therapeutics is a Cambridge, Ma.-based medical stage biotech centered on most cancers and irritation. Ribon Therapeutics has raised $65 million. Deerfield Administration and U.S. Enterprise Companions led the spherical, joined by Avego BioScience Capital, GV, Monashee Funding Administration, and Peregrine Ventures. Read more

Prime Medicine: Prime Medication is a Cambridge, Ma.-based gene modifying startup co-founded by biochemist David Liu. Prime Medication has raised $200 million in Collection B funding. The corporate is backed by Arch Enterprise Companions, F-Prime Capital, GV, Newpath Companions, Casdin Capital, Cormorant, Moore Strategic Ventures, PSP Investments, Redmile Group, Samsara BioCapital and T. Rowe Value. Read more 

Bayesian Health: Bayesian Well being is a New York-based startup that is constructing fashions for sepsis detection, affected person deterioration and bedsores. Bayesian Well being has emerged from stealth mode with backing $15 million led by Andreessen Horowitz. Read more

Eucalyptus: Eucalyptus is a Sydney, Australia-based Telehealth platform. Eucalyptus has raised $22.3 million in Collection B funding led by NewView Capital, with participation from earlier traders Blackbird Ventures and W23, and new investor AirTree Ventures. The corporate has now raised $32.8 million altogether. Read more

Mytonomy: Mytonomy is a Bethesda, Md.-based, healthcare-focused buyer relationship administration platform that goals to encourage consumer-internet-like consumer engagement by managing and delivering quick kind video content material with built-in surveys and real-time communications. Mytonomy has raised $25 million in Collection B funding led by Degree Fairness, which has taken a minority possession stake within the firm. Philips and Carilion Clinic additionally participated within the Collection B. Read more

Kriya Therapeutics: Kriya Therapeutics is a Redwood Metropolis, Ca-based is a next-generation gene remedy firm centered on designing and growing transformative new remedies. Kriya has raised $100 million from earlier traders Foresite Capital and JDRF T1D Fund chipped in, with new traders Woodline Companions LP, CAM Capital, Hongkou and Alumni Ventures additionally collaborating.  Read more 

Hawthorne Effect: is a San Francisco-based medical trial decentralization startup. Hawthorne Impact raised $20 million in Collection A funding. Northpond Ventures led the spherical, joined by SignalFire and P5 Well being Ventures. Read more 

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Picture by VSRao from Pixabay 

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