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BioWorld - Tuesday, May 19, 2026
Home » Topics » Financings, Medical technology

Financings, Medical technology
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Sipore15 oral diabetes device

Sigrid Therapeutics attracts investment for diabetes prevention device

Nov. 9, 2021
By Catherine Longworth
Investors have injected $8.4 million into Swedish startup Sigrid Therapeutics AB to speed development of its oral medical device Sipore15. The technology is a tasteless and odorless white powder taken with water to reduce blood sugar levels in people at risk of developing diabetes.
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Color Health Inc.’s genomics kit.

Color valuation reaches $4.6B with vibrant $100M series E

Nov. 9, 2021
By Annette Boyle
Color Health Inc. followed its rainbow to another pot of gold, collecting $100 million in a series E financing round led by Kindred Ventures and funds advised by T. Rowe Price Associates Inc. Returning funding round participants also included General Catalyst, the company’s long-time lead investor, Viking Global Investors and Emerson Collective. With the latest cash infusion, the company’s total funds raised to date reached $378 million and its valuation of $4.6 billion propelled it into the top dozen health care unicorns. Founded in 2017 as Color Genomics, the Burlingame, Calif.-based company has raised more than two-thirds of its total funding this year with today’s series E following the close of a $167 million series D round in January.
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Financings for Nov. 9, 2021

Nov. 9, 2021
Med-tech firms raising money in public or private financings, including: Beacon Biosignals, Sirona Medical, Surgery Partners.
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South Korean won

Geninus endures rocky start in Korean Stock Exchange debut, but raises $34M

Nov. 8, 2021
By Gina Lee
Geninus Inc. endured a difficult debut on Korea Exchange’s Kosdaq board, but still raised ₩40 billion (US$33.83 million) through its listing. The 2 million shares on offer tumbled 25.56% at ₩13,400 (US$11.33) at the close of trading on Nov. 8, after Geninus priced them at ₩20,000.
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Quantumdx receives $20M equity investment to build on its pandemic-driven product line

Nov. 8, 2021
By Nuala Moran
LONDON – PCR point of care testing specialist Quantumdx Group Ltd. is poised to accelerate its commercial development in China, after the Hong Kong venture capital fund Vita Spring made a £15 million (US$20.3 million) equity investment.
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Financings for Nov. 8, 2021

Nov. 8, 2021

Med-tech firms raising money in public or private financings, including: Beacon Biosignals, Genecentric Therapeutics.


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Airdoc products, concept image

Airdoc stumbles with Hong Kong IPO

Nov. 5, 2021
By David Ho and Zhang Mengying
Beijing Airdoc Technology Co. Ltd. raised HK$1.67 billion (US$214.8 million) with its IPO on the Hong Kong Exchange (HKEX) on Nov. 5, falling below its expectations of a $500 million raise. Share prices for the artificial intelligence-based (AI) medical imaging firm were priced at HK$75.10 apiece and dropped 3.5% to HK$72.50.
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Financings for Nov. 5, 2021

Nov. 5, 2021
Med-tech firms raising money in public or private financings, including: Mainz.
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Financings for Nov. 4, 2021

Nov. 4, 2021
Med-tech firms raising money in public or private financings, including: Be Me Health, Spindletop Health.
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Business pipeline illustration

Trillium lab gets C$1M to close gap between high performing algorithms and patient outcomes

Nov. 3, 2021
By David Godkin
TORONTO – Trillium Health Partners has received a C$1 million (US$810,000) grant from TD Bank Group to help accelerate the use of artificial intelligence (AI) at a newly developed health care lab. The AI Deployment and Evaluation (AIDE) lab will determine if machine learning models developed by industry and academia work well outside the data sets upon which they were trained.
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