Dec 05,2018

Novo Nordisk announces another $22M investment in Clayton

As pharmaceutical production continues to expand in counties east of the Triangle, Novo Nordisk has announced another $22 million expansion of its Clayton facility, including 22 more jobs. The news comes less than a year since the Danish company announced a $65 million expansion. On Monday, the Johnston County Board of Commissioners approved a seven-year incentive package – the company’s fourth since 2010. The package, contingent on the completion of the project and the new jobs, is an estimated $600,600 and will be distributed in annual installments of $85,800. County officials said that number will vary with the taxes paid by the company.

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Dec 18,2018

Changing Health Raises £3M to in Funding

Changing Health, a Newcastle Upon Tyne, UK-based provider of digital behaviour change programs, secured £3m in funding. The round was led by Shift Invest, with participation from Tate & Lyle Ventures and the North East Innovation Fund supported by the European Regional Development Fund, and managed by Northstar Ventures.

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Dec 25,2018

CNY 200 Million, Sequoia China and BOCIG Lead MedTrum Tech Series C

MedTrum Tech announced the series C funding in amount of CNY 200 million (USD 29 million) led by Sequoia China and BOCIG (Bank of China Investment Group) and followed by 3E Bioventures and Nuokai Capital. In 2008, MedTrum was funded Shanghai by a group of scientists, engineers, and experts from different fields. MedTrum has dedicated to improving and simplifying diabetes management, including CGM (Continuous Glucose Monitor), intelligent drug delivery system, and artificial pancreas system treatments.

FUNDING SERIES C
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Jan 01,2019

Zhiyun Health Closes its Series C Financing of USD 100 Million

On January 7th, Zhiyun Health raised USD 100 million through series C, which C1 was led by LB Capital, IDG and Health100 and C2 was led by CICC and Zhongdianjiankang Fund. Also, its previous investor Ping An Ventures also participated in the funding series. According to the amount raised in series C, the estimated market value of Zhiyun Health should be over CNY 1 billion. Zhiyu is on the way to be the next unicorn..

FUNDING SERIES C
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Feb 18,2019

Cipla To Acquire Stake In VC-Backed Digital Therapeutics Startup Wellthy

Cipla Ltd has agreed to acquire an 11.71 % stake in health-tech startup Wellthy Therapeutics Pvt. Ltd for Rs 10.5 crore ($1.5 million), India's third-largest drugmaker said on Monday. As part of the agreement, the two companies will offer a combination of pharmacotherapy and digital therapeutics for improved patient outcomes in the chronic therapies of diabetology and cardiology, Cipla said in a stock-exchange filing.

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Feb 27,2019

Jana Care Announces $12.7M Equity Funding

Jana Care received $12.7 million funding from the investors in an equity round according to the SEC file registered.

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Mar 14,2019

Liva Healthcare raised $9 Million in Investment capital from MIG, Santo Venture Capital and Digital Health Ventures

Liva Healthcare, a Copenhagen, Denmark and London, UK-based company operating a health coaching platform for scalable lifestyle and disease management, announced securing €8 Million ($9M) in Investment capital. The funding was provided by three German venture funds - MIG Verwaltungs AG, Digital Health Ventures, Santo Venture Capital. The three new investors acquire a significant minority stake in the transaction. The investment will boost Liva Healthcare significantly to scale up with existing clients, expand further geographically and continue its technological innovation. The three new investors acquire a significant minority stake in the transaction.

FUNDING SERIES A
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Mar 19,2019

BeatO raises Rs 11.75 cr from Orios Venture Partners, existing investors

Health tech-startup BeatO announced that it has raised Rs 11.75 crore in pre-series A round of fudning led by Orios Venture Partners with participation from existing investors.

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May 06,2019

Noom raises $58M to help you develop healthy habits

Noom, the mobile wellness company, has completed a $58 million financing, led by Sequoia Capital. Groupe Arnault's tech arm Aglaé Ventures, Jan Koum, co-founder of WhatsApp, Tony Xu, co-founder of DoorDash, Josh Kushner, co-founder of Oscar Health, Scooter Braun, founder of SB Projects, and existing investor Samsung Ventures have also joined the round.

FUNDING SERIES E
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May 28,2019

Welkin Health Raises $17.5 Million in Series B Funding from Altos Ventures

Welkin Health, a patient relationship management software company, today announced $17.5 million in Series B funding led by Altos Ventures. Existing investors, Thrive Capital, Red Swan Ventures, and Asset Management Ventures also contributed to the round, which brings Welkin’s total funding to $30 million. Welkin closed an $8 million Series A round with Thrive Capital in 2017. Since then, the company has grown from a team of 15 to 50 and more than doubled its customer base.

FUNDING SERIES B
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