Healthtech and edtech are two of the fastest growing sectors, with the healthtech market size to reach $3.1 billion by 2033, while the global education technology market size is projected to reach $348.41 billion by 2030.
Each week will do a roundup of the top news, fundings, and IPOs from these two sectors.
Top News
- Microsoft launched Elevate for Educators in India to introduce new educator credentials and a global professional learning community that enables teachers to share best practices with peers worldwide. This effort will involve large-scale capacity building initiatives, including AI Ambassadors, Educator Academies, AI Productivity Labs, and Centers of Excellence. It will equip 25,000 institutions with inclusive AI infrastructure while integrating AI learning pathways into major government platforms
- Science Applications International Corp. launched the Alliance for Advancing Rural Healthcare to bring together healthcare organizations to help state governments rapidly and successfully execute the Rural Health Transformation Program – a federal initiative designed to strengthen healthcare systems across rural and local communities. The alliance of SAIC, Arcadia, Castlight Health, Covista, Mission Mobile Medical, Telemedicine.com, TruBridge, and Walgreens will help state and local markets address persistent community healthcare challenges they face and support their efforts to modernize and sustain rural healthcare delivery
AI News
- Ubie, an AI-driven and clinically vetted healthcare prediction platform designed to guide patients to the care they need, partnered with Mayo Clinic to co-develop Ubie Smart Support, a new interface with the goal of reinventing how patients navigate, access and engage with health systems and payers
- Sift Healthcare, a healthcare payments intelligence company leveraging data science and AI to improve healthcare reimbursement and revenue cycle performance, partnered with Hartford HealthCare, an integrated health system
- Tempus AI, a developer of AI-enabled precision medicine technology, partnered with Median Technologies, developer of medical imaging software and services dedicated to oncology clinical trials, screening, and clinical practice, to bring Median’s proprietary eyonis LCS to the Tempus Pixel platform
- Death Clock, a longevity app, launched Life Lab, an advanced AI health concierge designed to shift healthcare from reactive treatment to proactive prevention
- Employ Milwaukee, a nonprofit organization that develops workforce solutions and employment opportunities for job seekers, partnered with Milky Way Tech Hub, a social impact organization focusing on STEAM education, AI workshops, and economic opportunities, and UNCOM to launch the AI Ready: After School Future Workforce Program, a new initiative designed to prepare youth for success in an increasingly digital and AI-driven economy
- The University of Nebraska launched the Artificial Intelligence Institute, a systemwide initiative that will harness emerging technologies to serve society, grow the economy and support future generations through education, interdisciplinary research, teaching, workforce development and public engagement
- Educational Testing Service, an education and talent solutions firm, launched Futurenav Adapt AI for teachers, an assessment that generates AI readiness insights for K-12 educators
- Anthropic partnered with CodePath, a provider of collegiate computer science education, to redesign its coding curriculum, putting Claude and Claude Code at the center of its courses and career programs
- The Northwestern Mutual Data Science Institute, a partnership between Northwestern Mutual, Marquette University, and the University of Wisconsin-Milwaukee that promoted AI and data science-driven transformation of academia and industry throughout southeastern Wisconsin, expanded to include the Medical College of Wisconsin, Milwaukee School of Engineering, and Waukesha County Technical College
- Vista, the K-12 division of Vista Higher Learning, a publishing company specializing in languages programs, launched a new AI Innovation Partnership Program to support districts, schools, and educators, empowering them to use AI to extend lessons, create engaging activities, and adapt Vista content in new ways
Big financings:
Healthtech:
- Daffodil Health, an AI-powered platform modernizing U.S. health plan administration and claims processing, raised $16.3 million in Series A funding led by Flare Capital Partners, with participation from LRVHealth and returning investor, Maverick Ventures, alongside key individual investors, including Scott Mingee and Jim Lacy
- Rainfall Health, an AI-driven compliance and reimbursement platform for hospitals and medical groups, raised a $15 million Series A funding round led by Two Bear Capital, along with support from other notable investors
- GelMEDIX, biotechnology company developing regenerative therapies to restore vision, raised a $13 million seed financing led by Safar Partners, with participation from HTL Biotechnology, Beacon Angels, TiE Boston Angels, Boston Harbor Angels, and other investors
- Levee Medical, a medical device company focused on improving outcomes for men undergoing prostate cancer surgery, raised over $12 million from undisclosed investors
Not so big financings:
Healthtech:
- Tozaro, a developer of ‘Smart Polymer’ technology to reduce the cost of life-saving cell and gene therapies, raised an $8.2 million funding round led by Mercia Ventures, alongside other existing investors
- Arbutus Medical, a medical device company building a portfolio of surgical workflow solutions designed specifically for procedures performed outside the OR, raised a C$9.3 million financing led by Crédit Mutuel Equity, with participation from the CU Healthcare Innovation Fund, along with follow-on investments from Nimbus Synergies, ThresholdImpact, Consortium MEDTEQ+, GenomeBC, and other existing investors
- Synchrony Medical, a respiratory care technology company, raised $5 million in a funding round led by Edge Medical Ventures with participation from the New Jersey Economic Development Authority, Broadfin Holdings, Consensus Business Group, and angel investors
- SpendRule, an AI-powered platform that helps healthcare systems track their spending. raised $2 million in funding in a round led by Abundant Venture Partners, along with MemorialCare Innovation Fund and Zeal Capital Partners
- Lexi, an AI-native communication layer for healthcare, raised a $1.4 million pre-seed round, led by Informed Ventures with participation from HBS Alumni Angels, Stanford Angels, Alumni Ventures, and Van Wickle Ventures, along with their partnership with Lowell Community Health Center
- VoiceMed, a digital health company developing voice-based solutions for remote monitoring of chronic respiratory issues, raised €1 million from Invitalia and private investments from GCM Group, Padda Health, and 28Digital
- Klaris, an AI-driven medtech startup focused on automating regulatory compliance for medical device companies, raised a $1 million pre-seed funding round led by Meridian Health Ventures, a specialist fund backed by Guy’s and St Thomas’ NHS Foundation Trust, King’s College Hospital, University College London Hospitals, and Cedars-Sinai Medical Center. Existing investor Antler also participated, alongside Vento Ventures, Milan-based private investment firm Alecla7, and a group of MedTech and regulatory-focused angel investors
- Nul, a startup developing a supported alcohol reduction platform that combines clinical care and prescription medication, raised $1 million in seed funding led by dmg ventures and BYVP, with participation from a group of angel investors
Edtech:
- Beep which integrates career guidance, mentorship, structured learning programs, and AI-powered hiring tools, raised $850,000 in a pre-Series A funding round backed by Knowhere Ventures LLC, Pacific Global Solutions Limited, and LeadAngels FLV. The round also saw participation from angel investors Vipul Prakash and Sandeep Johri
- Inspired Learning AI, which is focused on developing an AI-powered GCSE learning platform, raised a £220,000 angel round from undisclosed investors
Fund News
- Frist Cressey Ventures closed an oversubscribed $425 million Fund IV to focus on early-stage healthcare companies transforming care delivery with technology and tech-enabled services, including AI-native business models
Policy and government
- A federal judge in Illinois ruled that the Trump administration cannot rescind $600 million in public health grants allocated to four Democratic-led states.. California, Colorado, Illinois and Minnesota sued to try to block the planned funding cuts to programs that track disease outbreaks and study health outcomes of LGBTQ+ people and communities of color in major cities. U.S. District Judge Manish Shah stopped the cuts from taking effect for 14 days, saying in his order that the states “have shown that they would suffer irreparable harm from the agency action.”
- The U.S. Department of Labor announced the availability of $65 million in funding to support programs that help community colleges develop high-quality, short-term training programs that meet employers’ and workers’ skill development needs. Administered by the department’s Employment and Training Administration, this sixth round of Strengthening Community College Training Grants funding is focused on programs that seek eligibility for the newly authorized Workforce Pell Grants. It will fund projects nationwide, with individual awards up to approximately $11 million
Random news
- Health and Human Services Secretary Robert F. Kennedy Jr. joined forces with singer Kid Rock in a new ad promoting the department’s Make America Healthy Again initiative. The ad shows a stripped-down Kennedy and Kid Rock using exercise equipment in a cabin-style gym and inside a sauna. It also shows a shirtless Kennedy dipping into what appears to be a cold-plunge tub while wearing jeans, and the pair playing pickleball. The video ends with the two men drinking glasses of milk in a pool as the words “whole milk” flash across the bottom of the screen, referencing Kennedy’s preference for full-fat, whole milk products
