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BioWorld - Saturday, January 24, 2026
Home » Topics » Medical devices » Digital health

Digital health
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Smartphone with AHI app

Advanced Human Imaging signs spate of deals for human avatar technology

April 26, 2021
By Tamra Sami
PERTH, Australia – Advanced Human Imaging Ltd. (AHI) has created an algorithm that allows users to take a few quick scans on a smartphone to create a human avatar of themselves that can calculate risk for certain diseases and help diagnose conditions earlier, while also saving money. The Perth-based company is attracting a lot of attention, announcing three deals in the last week. The imaging technology has a myriad of uses from providing digital health scans to personal training to diagnosing skin cancers.
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Imageens concept art and logo

Imageens raises $1.4M to launch its first AI and predictive biomarker software for cardiology

April 23, 2021
By Bernard Banga
PARIS – Imageens SAS just raised a $1.4 million seed round to develop its two artificial intelligence (AI) systems in the field of medical imaging in Europe. Its first solution Artfun+, an AI software application, makes it possible to anticipate cardiovascular pathology thanks to new prognostic biomarkers. Its second product is Label, an algorithm which automatically classifies and assesses medical imaging data.
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International currency symbols

Endeavour Vision raises $375M for its new med-tech growth fund

April 23, 2021
By Nuala Moran
LONDON – Med-tech investor Endeavour Vision reported the final close of its Medtech Growth II fund at $375 million. The fund will invest in commercial stage companies with products that advance the standard of care or bring efficiencies to how health care systems operate. That strategy is expected to result in two-thirds of the money going into device companies and the remainder to digital health specialists.
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Imgassist screen

After breakthrough designation, Perimeter planning additional Imgassist studies

April 22, 2021
By David Godkin
TORONTO – Perimeter Medical Imaging Inc. has been awarded an FDA breakthrough device designation for a machine learning medical platform it said drives ultra-high-resolution, real-time imaging of breast cancer. Data collected from multiple pathology labs in Texas this past year were fed through the optical coherence tomography (OCT) imaging system which now is at the stage where its Imgassist artificial intelligence (AI)-based algorithms can be tested.
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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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Other news to note for April 22, 2021

April 22, 2021
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Ainqa Health, Align Technology, Apollo Endosurgery, Avectas, Biocartis, Blue Cross and Blue Shield, Canary Speech, Caredx, Carrum Health, Constant Companion, Exact Sciences, Genmark Diagnostics, Geronimo Acquisition Corp., Glaukos, Grail, Hinge Health, Intratus, Joerns Healthcare, Leica Biosystems, Mitsubishi, Paige.ai, Pointclickcare Technologies, Renalytix AI, Roche, Seegene, Skylinedx, Thrive Earlier Detection, Vitalhub.
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In the clinic for April 22, 2021

April 22, 2021
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Better Therapeutics, Diacarta, Elixir Medical, Solace Therapeutics.
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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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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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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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