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BioWorld - Saturday, March 28, 2026
Home » Topics » Financings, Medical technology

Financings, Medical technology
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Financings for March 20, 2024

March 20, 2024
Med-tech firms raising money in public or private financings, including: Pockethealth, Tempo Therapeutics, Ultrahuman.
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Financings for March 19, 2024

March 19, 2024
Med-tech firms raising money in public or private financings, including: Genprex.
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Med-tech deals February 2024

February sees rise in med-tech deal volume while value dips from last year

March 19, 2024
By Amanda Lanier
Med-tech deal value in February jumped to $255.61 million, an increase of 137.23% from the $107.75 million in deals from January, yet below the 2023 monthly average of $886.13 million. On the M&A front, med-tech transactions hit their lowest point since May 2019, totaling only $16 million.
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Relation raises $35M for ‘lab in the loop’ system

March 18, 2024
By Nuala Moran
Techbio specialist Relation Therapeutics Ltd has raised $35 million in new seed funding, bringing total seed money to $60 million, as it advances development of its in silico/wet lab platform for identifying drug targets in the non-coding parts of the genome. The company is building a “lab in the loop” system where in depth ‘omics profiles of single cells from fresh patient tissues are analyzed by its machine learning engine to uncover the genetic basis of clinical phenotypes and identify novel targets.
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Thermology Health imaging device

Thermology raising funds to prevent diabetic foot ulcers, amputations

March 18, 2024
By Shani Alexander
Thermology Health Ltd. is looking to raise £3 million to £4 million (US$3.8 million to US$5 million) to help bring its thermal imaging technology to patients to better diagnose and prevent diabetic foot ulcers, Yuval Yashiv, CEO told BioWorld. The company’s AI-driven remote patient monitoring platform measures the temperature of the skin on the foot and detects whether an ulcer is forming, thereby preventing thousands of foot amputations and significantly reducing health care costs, said Yashiv.
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Dollar sign thermometer
Med-tech financings February 2024

Med-tech funding skyrockets more than 175% year over year

March 18, 2024
By Amanda Lanier
The med-tech financing landscape in 2024 has shown remarkable improvement over last year, with $4.62 billion raised in the initial two months, an increase of 176.62% from the $1.67 billion raised during the same period in 2023.
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Financings for March 18, 2024

March 18, 2024
Med-tech firms raising money in public or private financings, including: Carlsmed, Delcath, Neupulse, Spineheart.
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Sooma depression treatment

Sooma secures €5M for neuromodulation device to treat depression

March 15, 2024
By Shani Alexander
Sooma Oy recently raised €5 million (US$5.4 million) in funding to help the company expand access to its transcranial direct current stimulation device which allows patients to treat their depression at home. “This is a significant milestone for us that enables us to help more patients globally and help us develop the company to serve the unmet need,” Tuomas Neuvonen, Sooma's co-founder and CEO, told BioWorld.
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Financings for March 14, 2024

March 14, 2024
Med-tech firms raising money in public or private financings, including: Oxford Biodynamics, Thinksono.
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Yen-Yuan symbols

Fosun Pharma forms ¥5B fund to invest in Shenzhen biotechs

March 13, 2024
By Tamra Sami
Shanghai Fosun Pharmaceutical Co. Ltd has formed a partnership with seven other investors to form an investment fund partnership that plans to invest ¥5 billion (US$695M) in local biotech and med-tech companies in Shenzhen, China. The target fund will concentrate on local biotechs, including cell and gene therapy companies, as well as other industries, with 70% to be invested in the biomedical industry.
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