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BioWorld - Sunday, May 17, 2026
Home » Topics » Financings, Medical technology

Financings, Medical technology
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Man holding tablet, wearing armband monitor

Current Health raises $43M series B for remote monitoring

April 22, 2021
By Meg Bryant
Current Health Ltd. closed an oversubscribed series B financing, securing $43 million in a round led by Northpond Ventures. The Edinburgh, U.K.-based company will use the funds to scale up its remote care management platform. Other participants included Lrvhealth, OSF Healthcare, Section 32, Elements Health Ventures, as well as existing investors. With this latest infusion, Current Health has raised a total of $66 million to date.
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Financings for April 22, 2021

April 22, 2021
Med-tech firms raising money in public or private financings, including: Endeavour Vision, Halodoc, Medchart, Neuropace, Novo Holdings, Onward, Privia Health, Summus Global.
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Tesseract Ic image

Tesseract Health raises $80M in series B round

April 21, 2021
By Meg Bryant
Tesseract Health Inc. has closed an oversubscribed series B financing, reeling in $80 million with support from Foresite Capital, Glenview Capital and Opaleye. The proceeds will be used to advance the company’s Tesseract Ic eye-imaging diagnostic technology platform, including U.S. and overseas regulatory clearances. This is the first independent financing round for the Guilford, Conn.-based startup, which is developing a platform capable of diagnosing a range of diseases without a single blood draw. The company received prior seed funding as part of the 4Catalyzer med-tech incubator.
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Financings for April 21, 2021

April 21, 2021
Med-tech firms raising money in public or private financings, including: Akoya Biosciences, Baebies.
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Illustration of pill being analyzed

Stonewise raises $100M in B and B+ rounds to advance AI-enabled drug discovery

April 20, 2021
By Elise Mak and Gina Lee
HONG KONG – Beijing Stonewise Technology Co. Ltd., a med-tech firm that uses artificial intelligence (AI) to aid in the discovery of small molecule drugs, closed series B and B+ financing rounds that added $100 million to its pocket. The company intends to use the proceeds to upgrade its AI-enabled drug discovery platform.
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Financings for April 20, 2021

April 20, 2021
Med-tech firms raising money in public or private financings, including: Mainstay Medical, Sense Biodetection, Tesseract Health.
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Leva product image

Renovia scores $17M in series C-1 financing

April 19, 2021
By Annette Boyle
Renovia Inc. closed a $17 million C-1 equity funding round led by new investor Parian Global Management. Perceptive Life Sciences, Longwood Fund, Ascension Ventures and OSF Ventures added to their existing investments in the company, which develops prescription digital therapeutics for female pelvic floor disorders.
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Financings for April 19, 2021

April 19, 2021
Med-tech firms raising money in public or private financings, including: Adyn, Insulet, Pixium Vison.
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Neoguard product image

Neopenda receives CE mark, raises $1.4M

April 16, 2021
By Annette Boyle
Chicago-based public benefit corporation Neopenda LLC secured the CE mark for its wireless, wearable vital signs monitor and picked up $1.4 million in new funding led by Assiduity Capital and the Sorenson Impact Foundation. The organization developed Neoguard to monitor critically ill infants in resource-poor regions, but adapted it last year to meet the monitoring needs of adult patients with COVID-19. The CE mark approval covers adult, pediatric and neonatal patients.
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z-Movi on table

Lumicks completes $93M series D to advance next-gen life science tools

April 16, 2021
By Meg Bryant
Lumicks BV raised $93 million in a series D financing led by new investors Farallon Capital Management and Lauxera Capital Partners. The proceeds are earmarked for expansion of the Lumicks’ product pipeline and for commercialization of its Z-Movi cell avidity analyzer.
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