This Week in Digital Health Funding
Affini-T Therapeutics, LifeMine Therapeutics, Celsius Therapeutics and more
Affini-T Therapeutics, a Watertown, MA cell therapy company spun out of Fred Hutchinson Cancer Research Center, which aims to treat solid tumors, raised $175 million in funding co-led by Vida Ventures and Bayer. GeekWire has more here.
Cambridge-based drug discovery outfit that says it's mining genetically encoded small molecules from the biosphere, LifeMine Therapeutics has raised $175 million in Series C funding led by Fidelity, with participation from Invus, 3W Partners Capital, GlaxoSmithKline, GV, Arch Venture Partners, Blue Pool Capital, and MRL Ventures. FierceBiotech takes a look here.
Cambridge, MA biotech whose first candidate aims to treat irritable bowel syndrome, Celsius Therapeutics raised $83 million in funding led by Casdin Capital. Other backers in the round include Amgen Ventures, Amplitude Ventures, and, among others, Third Rock Ventures, which originally launched the company. FierceBiotech has more here.
Boston-based virtual reality surgical training company, Osso VR has raised $66 million in Series C funding. Oak HC/FT led the round, joined by Signalfire (which led the company's $2 million seed round in 2017), GSR Ventures, Tiger Global, and Kaiser Permanente Ventures. Axios has more here.
TimeDoc Health Raises $48.5M for Virtual and In-Person Care - Led by Aldrich Capital Partners to Optimize Virtual Care Management. https://buff.ly/36KHYxQ
Podimetrics snags $45M to grow its diabetic foot health business, prevent amputations. Led by D1 Capital Partners. MedCity News has more here.
San Diego-based clinical-stage biopharmaceutical company focused on end-stage liver disease therapeutics, Ocelot Bio has raised $36 million in Series A funding led by RA Capital Management, Venrock, and Vivo Capital. FierceBiotech has more here.
Eko expands algorithmic heart problem detection and lands $30M Series C extension - Investors in the company include Highland Capital Partners and Questa Capital. TechCrunch has more here.
AI-enabled fertility company Alife Health scores $22M. The company plans to use the new funds to launch its Stim Assist and its Alfie mobile app. co-led by earlier backers Lux Capital, Union Square Ventures, and Maveron. MobiHealth News has more here.
New York-based home care platform for heart attack survivors, Recora Raises $20M for Virtual Cardiac Recovery Platform - led by SignalFire, with participation from Valor Equity Partners and earlier backer Pear VC.” HIT Consultant has more here.
PreludeDx™ Closes $20 Million in Funding to Advance Growth Initiatives and Development of Its Precision Medicine Portfolio - led by Evidity Health Capital and joined by existing and new investors. https://buff.ly/35j1r8A
Boston-based digital surgery imaging startup, Activ Surgical has tacked on $15 million in extended Series B funding led by Hikma Ventures. The round originally closed last October with $45 million led by Cota Capital. More here.
Singapore-based genetic testing solutions company, Nalagenetics raised $12.6 million in Series A funding. Intudo Ventures and Vulcan Capital co-led the round, joined by Diagnostics Development Hub. Tech in Asia has more here.
Bay Area-based in-home blood-testing hardware and software startup focused on nutrition and wellness, COR has raised $12 million in Series A funding led by earlier investors Khosla Ventures and Founders Fund, with participation from West Ventures and Bellamack Partners. More here.
New York-based concierge healthcare platform providing primary care services to municipal governments and midsize businesses, Radish Health has raised $4 million in seed funding led by Tusk Venture Partners. Other participants in the round include MaC Venture Capital, Global Founders Capital, and The Fund. More here.
Phantom Neuro Raises $3.26M for Robotic #Orthopedic Technologies - Grow Technological Capabilities, Build Out System for Lifelike Control of #Robotic #Prosthetic Limbs and Exoskeletons https://buff.ly/3iAbcSR
Chapel Hill, N.C.-based healthcare data analytics startup, Quinsite has raised $2.5 million in new seed funding. Jeff Clark, a regional investor who is also the chair of the company’s board of directors, led the round. More here.