This Week in Digital Health Funding
Linktree, Precirix, House Rx, Scenic Biotech and more
Scenic Biotech Announces $31 Million Financing to Progress Pipeline of Genetic Modifiers in Cancer and Rare Diseases https://thisweekindigitalhealth.com/scenic-biotech-raises-31-m-to-create-genetic-modifiers/
Cambridge-based genome sequencing bioautomation company Volta Labs raised $20 million to address a growing genomics bottleneck. The round was led by Maverick Ventures and was joined by investors Khosla Ventures, Casdin Capital, E14 Funds, Blindspot Ventures, and others. https://techcrunch.com/2022/03/18/volta-labs-grabs-20-million-to-address-a-growing-genomics-bottleneck/
Brussels, Belgium-based developer of radiopharmaceuticals to treat cancer patients, Precirix raised €80 million in Series B funding. INKEF Capital, Jeito Capital, and Forbion co-led the round, joined by earlier backers Gimv, HealthCap, Novo Holdings, Pontifax VC, V-Bio Ventures, and BioMed Partners. https://www.fiercebiotech.com/biotech/belgian-biotech-precirix-snags-88m-bankroll-radiopharmaceuticals-her2-positive-cancers
Avive Solutions raises $22M for wirelessly connected AED technology - the San Francisco-based outfit behind an automated external defibrillator and connected response platform for out-of-hospital cardiac arrest just raised $22 million in Series A funding from Questa Capital, Catalyst Health Ventures, and Laerdal Million Lives Fund. https://www.massdevice.com/avive-solutions-raises-22m-for-wirelessly-connected-aed-technology/
Palo Alto, Ca.-based oncology care startup aims to help cancer centers continuously engage with their patients; Canopy has raised $13 million in funding led by GSR Ventures, with participation from Samsung Next and UpWest. https://www.canopycare.us/
Woburn-based biological sample prep automation company Curiox Biosystems has raised $15 million in Series C funding led by Luha Private Equity, with participation from earlier backers KB Investment Co. and Quad Investment Management. https://www.curiox.com/
Melbourne, Australia-based startup known for its "link-in-bio" service, Linktree has raised $110 million in fresh funding co-led by Index Ventures and Coatue, with participation from AirTree Ventures, Insight Partners, and Greenoaks. https://techcrunch.com/2022/03/16/linktree-link-in-bio-series-c-valuation/
Austin-based mental health marketplace Legion Health has raised $2 million in seed funding from Y Combinator, UpHonest Capital, and Soma Capital. https://www.legion.health/
SF's House Rx Secures $30M to Optimize the Specialty Pharmacy Experience for Patients and Their Care Teams. Led by Bessemer Venture Partners. https://hitconsultant.net/2022/03/14/house-rx-specialty-pharmacy-experience/
The U.K.-based startup that offers personalized digital therapeutics for women going through menopause, Vira Health, has raised $12 million in second-round funding led by Octopus Ventures, with participation from Optum Ventures. https://techcrunch.com/2022/03/14/vira-health-series-a/
MedaSystems Helps Patients Gain Access to Investigational Therapies. It raised a $1.5 million pre-seed funding round led by specialist #healthtech #venturecapital fund Nina Capital in conjunction with a group of strategic angel investors. https://thisweekindigitalhealth.com/medasystems-helps-patients-gain-access-to-investigational-therapies/
OpenLoop Raises $8M to Expand Telehealth Services, delivering full-stack clinical support to companies launching and scaling virtual care services. https://thisweekindigitalhealth.com/openloop-raises-8m-to-expand-telehealth-services/