Olio, a platform that links hospital teams with post-acute providers for care collaboration, scored $11 million in Series B funding led by Fulcrum Equity Partners. Mutual Capital Partners also participated in the round.  WHAT IT DOES Olio’s care coordination platform allows a hospital’s care team, including doctors and administrators, to obtain information about their patients […]

Israeli startup PhaseV, an AI-enabled clinical development company for life sciences, has secured $50 million in Series A funding in a round co-led by Accel and Insight Partners.  Existing investors Viola Ventures, LionBird and EXOR also participated in the round.  The round brings the company’s total raise to $65 million.  WHAT IT DOES PhaseV offers

The National Institutes of Health (NIH) announced it is embracing a new program aimed at expanding innovative, human-based science to decrease the use of animals in research.  According to the NIH, although traditional animal models remain essential to advancing scientific knowledge, technologies can offer strengths that can expand researchers’ toolbox to answer difficult or unanswerable

Chronic care management company Omada Health filed an S-1 with the Securities and Exchange Commission (SEC) to go public on Friday, making it the second digital health company to seek an IPO this year.  The company did not specify how many shares would be offered or the price range for the proposed offering. It intends

Hippocratic AI,  a generative AI company developing safety-focused large language models for healthcare, partnered with EUCALIA, a healthcare transformation company, to launch the first Japanese-language generative AI healthcare agent for non-diagnostic, patient-facing clinical tasks.  The partnership marks Hippocratic AI’s entry into the Japanese market. EUCALIA provides management and operational support to healthcare professionals, including medical

Resident insight and experience platform TSOLife scored $43 million in a Series B funding round led by PeakSpan Capital, bringing the company’s total funding to $52 million. WHAT IT DOES  TSOLife’s AI platform, Minerva, simplifies data creation via embedded analytics, allowing senior living communities to collect and use data to aid in decision-making.  The Minerva

Verily, Alphabet’s health data and AI subsidiary, has been awarded a $14.7 million research grant from the Michael J. Fox Foundation (MJFF) for Parkinson’s research to generate a detailed molecular dataset of Parkinson’s disease. The effort will integrate advanced molecular profiling with an extensive body of clinical, imaging and wearable data collected through the Personalized

$1M grant awarded for wearable X-ray project University of Queensland researchers are creating an X-ray detector that can be worn in hoodies or blankets to get a quick, accurate scan of children’s lungs.  Their project is adapting patented quantum dot hybrid glass into thin film strips that conform to the contour and movement of a

Chipiron, a deeptech startup that specializes in ultra-low MRI, announced it raised $17 million in  Series A funding round led by Blast.  EIC Fund and iXcore participated in the round with support from France2030 (SGI), the EIC Accelerator (European Commission) and Bpifrance. WHAT IT DOES  The company aims to “democratize” access to MRIs by making

An AI-powered lung cancer screening analysis software by South Korean company Coreline Soft has been added to the medical AI platform of global pharmaceutical firm Bayer.  Its flagship product, AVIEW LCS, is now among the selections of medical imaging AI software offered in Bayer’s vendor-neutral, cloud-based marketplace, Calantic, along with similar solutions from fellow Korean company Lunit and