MicroTech Completes B Round For Diabetes Devices; Qiming Leads
Qiming Venture Partners led a Series B funding in MicroTech Medical, a Hangzhou diabetes medical device company. The size of the funding round was not disclosed.
Qiming Venture Partners led a Series B funding in MicroTech Medical, a Hangzhou diabetes medical device company. The size of the funding round was not disclosed.
Lark Health, a provider of chronic disease prevention and management programs, closed a $55 million Series C funding round as well as a $15 million venture debt credit facility. The company’s Series A funding round in 2013 raised about $11 million, and its Series B funding round raised approximately $20 million in 2017, Lark Health CEO Julia Hu said.
Chinese continuous glucose monitor developer Zhejiang POCTech Medical has raised $14.5 million in a Series B round of financing, according to a Deal Street Asia report.
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.
Carbon Health, the technology-enabled healthcare provider designed from the ground up to put patient-care first, announced today that it has secured $30 million in Series B funding. Brookfield Growth Partners led the round, which included new investors DCVC and founders from pioneering healthcare businesses Flatiron Health and Clover Health, as well as continued support from existing investors, Builders VC, Bullpen Capital, Javelin Venture Partners and Two Sigma Ventures. Josh Raffaelli, Managing Director at Brookfield Growth Partners, has joined Carbon Health’s Board of Directors.
Israeli personalized nutrition company DayTwo has expanded its $31 million Series B financing round with an additional $5 million investment from Longliv Ventures and unspecified amounts from Cathay Innovation and Samsung NEXT. Longliv Ventures managing director Dr. Dan Eldar will join the company's board.
Carbon Health, the technology-enabled healthcare provider designed from the ground up to put patient-care first, announced today that it has tripled its headcount to combat the COVID-19 pandemic and extended its virtual care service to now serve nearly two-thirds of the U.S. population. The growth was made possible by its recent strategic round of funding of $28 million led by existing investor DCVC in an extended Series B, bringing the company’s total raised capital to $75 million.
BeatO – India's leading digital care ecosystem for chronic condition management – has raised USD 5.7 million in funding led by US-based venture capital firm, W Health Ventures. The funding also saw participation from e-pharmacy Unicorn PharmEasy (a Threpsi Solutions Pvt Ltd brand), Merisis VP and existing investors Orios VP, Leo Capital, and others. With this new funding, BeatO has raised more than USD 10 million over the last year across its Series A and Pre-series B rounds.
Biolinq Incorporated, a medical device company developing a continuous glucose sensor with a novel integrated display on its wearable device, has announced the closing of a $100 million Series B financing round led by RiverVest Venture Partners. This record private capital raise in the continuous glucose monitoring space includes participation from T&W Medical, AXA IM Alts, Global Health Investment Corporation, Ascensia Diabetes Care, Longevity Vision Fund, Falcon Edge Capital, Aphelion Capital, M Ventures, Hikma Ventures, Senvest, The Broe Group, Taisho Pharmaceutical, Cirrus Logic, EOFlow, Able Partners and the JDRF T1D Fund.
BeatO, on November 16, announced to have raised $33 million in a series B round of funding that was led by Lightrock India with participation from HealthQuad, Flipkart and the company’s existing investors.