Led by an “AI workforce,” this week’s funding also went to several startups operating in Africa — healthcare delivery by drone and tech-enabled diagnostic centers — as well as at-home fitness, virtual care, wearables, and more.
Our team tracked more than $1.06B in health innovation funding reported this week, led by Olive, a Columbus, OH-based healthcare automation company. Described as an “AI workforce,” Olive raised $400M led by Vista Equity Partners, with participation from Base10 Advancement Initiative. source>
Other recent deals included:
Zipline, a drone delivery startup that delivers medical supplies across Africa, raised $250M led by Baillie Gifford, with participation from Temasek, Katalyst Ventures, Fidelity, Intercorp, Emerging Capital Partners, and Reinvest Capital. source>
FightCamp, a Costa Mesa, CA-based interactive at-home training system for boxing/kickboxing, raised $90M led by NEA and Connect Ventures, with participation from a long list of investors. source>
Sword Health, a New York, NY-based virtual care provider for people with MSK conditions, raised $85M led by General Catalyst, with participation from BOND, Highmark Ventures, BPEA, Khosla Ventures, Founders Fund, Transformation Capital, and Green Innovations. source>
EchoNous, a Redmond, WA-based developer of portable AI-guided ultrasound tools and software, raised $60M from Kennedy Lewis Investment Management. source>
Enveda Biosciences, a Boulder, CO-based biotechnology company that uses AI to build new medicines from plants, raised $51M led by Lux Capital, with participation from Two Sigma Ventures, Hummingbird VC, Catalio Capital, Lifeforce Capital, True Ventures, Wireframe Ventures, Village Global, Matthew De Silva, and Chris Gibson. source>
ObvioHealth, an Orlando, FL-based virtual research organization, raised $31M from Dedalus Group, CRO Novotech Health, AT Capital Group, and SPRIM Global Investments. source>
Syllable, a San Jose, CA-based customer service automation platform designed for healthcare organizations, raised $28M led by Oak HC/FT. source>
Main Street Health, a Nashville, TN-based startup focused on providing value-based care in rural America, raised $26.4M from Brad Smith, Frist-Cressey Ventures, Oak HC/FT, and others. source>
Alio Medical, a San Francisco, CA-based wearable technology company, raised $20M led by Thomas Krebs and Zekavat Investment Group. source>
Osmind, a San Francisco, CA-based neuropsychiatry software platform, raised $15M led by Future Ventures, with participation from General Catalyst, Tiger Global, Offline Ventures, AME Cloud Ventures, and a number of angel investors. source>
MDaaS Global, a Lagos, Nigeria-based diagnostic startup, raised $2.3M led by Newtown Partners, with participation from CRI Foundation, FINCA Ventures, Techstars, and Future Africa. source>
PairTree, a Seattle, WA-based adoption platform using technology and data to increase and accelerate connections, raised $2.25M led by Urban Innovation Fund, with participation from Founder Collective, Female Founders Alliance, and Techstars. source>