California-based Biolinq, a well being generation corporate growing precision multi-analyte wearable biosensors for metabolic well being, introduced it scored $58 million in financing.
Alpha Wave Ventures led the spherical, with participation from Niterra’s company mission capital fund, which is collectively operated with Pegasus Tech Ventures.
Present buyers, together with AXA IM Alts, Senvest Control, Options Capital, Aphelion Capital, RiverVest Project Companions, and Taisho Pharmaceutical, additionally participated within the carry.
Biolinq created a wearable patch that evaluates glucose ranges and ranges of process. The usage of small electrochemical sensors, the patch measures glucose ranges from the intradermal house underneath the skin of 1’s pores and skin.
The corporate will use the finances to accomplish a scientific trial on its glucose sensor and for FDA submission.
“Our generation manner permits get entry to to a coveted, metabolically energetic compartment of the surface for biosensing with out using introducer needles or bleeding,” Wealthy Yang, CEO of Biolinq, mentioned in a commentary. “Over the last decade, our crew has been pioneering a brand new biosensor platform designed to tell and encourage, with a project to succeed in extra other folks which are short of easy answers to give a boost to metabolic well being.”
EarliTech Diagnostics, an organization growing diagnostic and healing choices for kids with autism, secured $21.5 million in Sequence B investment led by way of Nexus NeuroTech Ventures and Project Buyers Well being Fund.
The Georgia-based corporate provides the EarliPoint Analysis, a platform to assist clinicians diagnose and assess youngsters elderly 16-to-30 months with autism.
Youngsters watch a video on a pill of social interactions. On the identical time, a biomarker tracks the kid’s center of attention, proxies clinician prognosis, and assesses the extent of serve as on traits reminiscent of verbal skill and non-verbal finding out.
The corporate will use the finances to advance its generation, additional commercialize its product, and advance scientific analysis.
Manifold, an AI-enabled scientific analysis platform, introduced its release with $15 million in Sequence A investment led by way of TQ Ventures.
New buyers SK Ventures and Calibrate Ventures participated within the spherical along Dr. Sachin H. Jain and present buyers TTCER Companions.
The corporate provides an AI-powered platform for scientific analysis geared toward streamlining workflows and knowledge control. It lets in researchers to regulate cohort research and affected person registries, administer observational find out about workflows and supply a affected person portal with surveys, consent monitoring and virtual outreach.
Worker advantages platform Beanstalk Advantages, constructed out of Redesign Well being, introduced its release with $7.5 million in investment.
The corporate supplies staff with a platform that permits them to make a choice their on a regular basis advantages, together with well being, well-being, and wealth services and products, as a substitute of getting their employer make a selection for them.
The advantages come with choices for continual situation control, parenting, non-public finance, elder care, fertility and psychological well being services and products. Employers contract with Beanstalk to give you the numerous advantages, no longer each and every person corporate.
“We’ve spent the ultimate yr making an investment within the platform itself. It was once necessary to us to create an intuitive consumer revel in since staff have by no means picked their very own non-insurance advantages prior to and aren’t essentially conversant in what’s available in the market. We expect they’re going to be very excited to find simply how adapted they may be able to make their portfolios with the entire advantages innovation that’s available in the market to satisfy their distinctive wishes,” Matthew Sydney, Beanstalk Advantages CEO and cofounder, informed MobiHealthNews in an e mail.
“On the subject of subsequent steps, now that the platform is to be had to the wider marketplace, we’ll be enthusiastic about onboarding employers and development out our customer support crew. Employers can release Beanstalk inside days of signing on at any time of yr, so we’ll be making an investment to additional make stronger simply how simple it’s to paintings with Beanstalk. We’ll even be regularly vetting and including new advantages answers to our suite as we purpose to create essentially the most complete useful resource conceivable below that one employer contract.”