HealthTech
Singapore’s healthtech startup Biofourmis turns unicorn after raising $300 million Series D investment
Biofourmis, a global leader in virtual care and digital medicine, announced Tuesday it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, which will help fuel the company's next phase of growth.
Singapore’s Ordinary Folk raises $5M pre-series A round from Monk’s Hill Ventures
Ordinary Folk, a digital health technology startup based in Singapore, announced Thursday its Pre-Series A funding of $5 million by Monk's Hill Ventures. The funding will be used to accelerate hiring talent to build a differentiated CX in healthcare using tech, expand in new markets (Hong Kong and other Asian cities), while continuing to scale in Singapore.
Singapore medtech firm Us2.ai raises $15M Series A funding led by IHH Healthcare and Heal Partners
Us2.ai, a Singapore-based medtech developer, announced Thursday it has raised $15 million in a series A round led by IHH Healthcare and Heal Partners, with participation from Pappas Capital and existing investors including Sequoia India, EDBI and Partech Ventures. The new funds will be used to drive Us2.ai’s ambitious growth targets for clinical…
India’s PhableCare raises $25M in Series B funding led by Kalaari Capital
PhableCare, an India-based chronic disease management company, said Monday it has raised Series B funding of INR187 crores ($25 million) led by Kalaari Capital with participation from Aflac Ventures, Digital Horizon, Stride Ventures. Existing investors, Omron Ventures, SOSV, Social Starts, and Fresco Capital also participated in the round.
NASDAQ-listed SPAC 8i Acquisition 2 merges with Singapore digital health platform EUDA Health
EUDA Health Limited, a Singapore-based digital health platform, and 8i Acquisition 2 Corp. (8i)(NASDAQ: LAX), a publicly traded special purpose acquisition company, announced Tuesday that they have entered into a definitive business combination agreement that will result in EUDA Health Limited becoming a publicly listed company
Indian healthtech startup Qure raises $40M from Novo Holdings and HealthQuad
Qure.ai (Qure), an India-based health tech firm using Artificial Intelligence (AI) for medical imaging diagnostics, announced Tuesday that it has secured $40 million in a funding round led by Novo Holdings and HealthQuad, supported by existing investor MassMutual Ventures (MMV). The firm will use the new investment to extend and strengthen its global…
Vickers Venture SPAC VCKA to merge with US biopharmaceutical firm Scilex
Vickers Venture Partners' Nasdaq-listed special purpose acquisition company (SPAC) Vickers Vantage Corp I is merging with Scilex Holding Company (Scilex), a majority-owned subsidiary of US pharma firm Sorrento Therapeutics, Inc and a commercial biopharmaceutical company focused on developing and commercializing non-opioid therapies for patients with acute…
Singapore’s MedTech startup Stratificare plans to raise $12M Pre-Series A round
The Pre-Series A funding round came after its Seed round in October last year. StratifiCare has secured close to S$1 million ($734,634) in an oversubscribed Seed round from investors including Asian Development Bank Ventures, Sprout, PatSnap CEO Jeffrey Tiong, and Carousell CEO Quek Siu Rui.
Vietnam’s Jio Health raises $20M Series B investment led by Heritas Capital
Jio Health has completed a $20 million Series B investment led by Singapore-based healthcare investor Heritas Capital. Other investors in the round include Fuchsia Venture Capital (corporate venture capital of Muang Thai Group Holdings), Kasikorn Bank Group, and existing investor, Monk’s Hill Ventures. This fundraise represents the largest in the company’s…
Singapore HealthTech firm MiyaHealth secures $4.8M in Pre-Series A round led by ST Engineering Ventures and Elev8
MiyaHealth has raised S$6.5 million ($4.83 million) in a Pre-Series A round led by ST Engineering Ventures and Elev8. Several prominent angel investors from the private equity and healthcare industries also participated in the round. The recent fundraise brings the total capital raised to over S$9 million ($6.69 million), and the current round is one of the…
