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
- Datavault AI, a provider of data monetization, credentialing, digital engagement, and real-world asset tokenization technologies, expanded its partnership with Wellgistics Health, the company behind pharmacy dispensing optimization artificial intelligence platform EinsteinRx, to add additional Datavault AI intellectual property
- Education non-profit ISTE+ASCD announced a new three-year partnership with Google to make high-quality AI literacy training available to six million K-12 teachers and higher education faculty across the United States
AI News
- Tempus AI, a company developing AI to advance precision medicine, launched its new HRD-RNA algorithm, designed to identify patients likely to respond to platinum-based chemotherapy or PARP inhibitors
- Eko Health, a provider of AI-powered cardiac and pulmonary disease detection, partnered with Wayne General Hospital to deploy SENSORA, its AI-assisted cardiac detection platform, across the hospital’s emergency and primary care departments
- WELL Health Technologies, a company operating outpatient clinics that leverage scalable digital health solutions, and HEALWELL AI, a company focused on preventative care, partnered to launch of the first phase of WELLTRUST, a platform enabling secure, consent-driven patient identification for clinical research within WELL-operated clinics in Canada
- Weill Cornell Medicine, an academic medical institution that offers health care services, launched a new AI to Advance Medicine initiative that aims to provide the institutional infrastructure and services needed to support AI use safely and effectively among faculty, staff and students
- Emory University’s AI team launched a new Responsible AI website, offering faculty, staff, students and health care teams a clear, accessible hub for guidance on the safe, ethical and effective use of artificial intelligence across the institution
- McLaren Health Care and its McLaren Heart & Vascular Institute partnered with Bunkerhill Health, a platform for health systems to create, share, and deploy AI agents for clinical and operational tasks, to launch a cardiovascular screening program in Michigan to strengthen and expand its ability to identify patients’ risk for heart disease earlier and connect them with timely, appropriate care
- Connecticut Governor Ned Lamont launched the third phase of the Connecticut Tech Talent Accelerator, a statewide higher education innovation challenge designed to expand artificial intelligence education and workforce training
- Emory University’s AI team launched a new Responsible AI website, offering faculty, staff, students and health care teams a clear, accessible hub for guidance on the safe, ethical and effective use of artificial intelligence across the institution
- The Texas Tech University System partnered with NVIDIA to deploy next-generation accelerated computing infrastructure, positioning Texas Tech University at the forefront of artificial intelligence, high-performance computing, and advanced research
Big financings:
Healthtech:
- nyra health, a provider of an AI-based platform for neurological therapy, raised a €20 million Series A financing round led by Armira Growth, with existing investors such as Wellington Partners, Crane Venture Partners, and EVER Pharma
- Syndex Bio, a startup that has developed a way to preserve methylation during DNA amplification, raised $15.5 million in seed financing in a round led by ARCH Venture Partners, along with OMX Ventures, +ND Capital, and Meltwind Advisory
- MedScout, a commercial engine for medical device and diagnostics companies, raised a $10 million growth round led by Fulcrum Equity Partners, with participation from existing investors Live Oak Ventures and Stage 2 Capital
- Third Way Health, an AI-enabled services partner for healthcare organizations, raised $15 million in Series A funding by Health Velocity Capital
- Handl Health, a price transparency platform, raised $14.2 million in Series A funding led by Arthur Ventures, with follow-on investment from Syndra Capital Partners and another strategic investor from the ecosystem. Initial investors Mucker Capital, Riverfront Ventures, Digital Health Venture Partners and Boutique Venture Partners increased their involvement
- Coral Care, a platform expanding access to in-home pediatric speech, occupational, and physical therapy, raised a $13 million Series A round led by Haymaker Ventures, with participation from FCA Ventures and Peterson Ventures. Additional investors include Alleycorp, Reach Capital, Jefferson River Capital, Greymatter Capital, Mother Ventures, and Charge Ventures
- Avisi Technologies, an ophthalmic medical device company advancing novel, sight-saving technologies, raised $10.7 million in a Series A round led by MedVenture Partners, with participation from new investors Sherpa Healthcare Partners, SNBL-Gemseki, SBI US Gateway Fund, Golden Seeds, and OneOneFive. The round also had participation from existing investors, including Good Growth Capital, Accanto Partners, Life Sciences Greenhouse Investment, and Quaker Capital Investments
Edtech:
- Subject, a provider of digital curriculum and learning intelligence solutions for grades 6-12 education, raised $28 million in a round led by Vistara Growth, with participation from new investors NextEquity Partners, Green Street Impact Partners, and Outcomes Collective, along with existing investors Kleiner Perkins, True Equity, L’Attitude Ventures, and Hannah Grey
Not so big financings:
Healthtech:
- Blue Arbor Technologies, a company developing novel neuromuscular interfaces and next-generation prosthetic control solutions for people with limb loss, raised $5 million from Ottobock
- Centauri, an immunotherapy company with a platform technology applicable across a wide range of therapeutic indications, raised £6 million from AMR Action Fund
- Hemi Health, a startup specializing in migraine, headache, and concussion treatment, raised €4 million in seed funding led by Export and Investment Fund and Swiss Health Ventures, with additional participation from Sondo Capital, Alliance Venture Capital, and Crowberry Capital
- Custom Surgical, a company digitizing surgical microscopes and slit lamps for ophthalmology, raised a €3.5 million pre-series A round led by Ventech, with participation from ZEISS and a mix of new and existing investors
- Oncare, which partners with accredited hospitals and integrates medical, surgical and radiation oncology services under one platform, raised ₹27 Cr in a Series A funding round led by Sky Impact Capital. The round also saw participation from Huddle Ventures, Lotus Herbal Group, SteerX and Tremis Capital
- Oncare runs a distributed oncology care model. Instead of building large hospitals, it partners with accredited hospitals and integrates medical, surgical and radiation oncology services under one platform. raised ₹27 Cr (around $3 Mn) in a Series A funding round led by Sky Impact Capital. The round also saw participation from Huddle Ventures, Lotus Herbal Group, SteerX and Tremis Capital
- D-Sight, a company focused on the development of neuroprotective therapies for ocular diseases, raised €2 million in a funding round led by Clave Capital
- Brainomix, an AI-powered imaging platform, raised £4.8 million in a Series C extension, led by returning investors Parkwalk and Hostplus through the IP Group Hostplus Innovation Fund, with new support from Modi Ventures
Edtech:
- Giant, an interactive storytelling platform built around children as creators, raised an $8 million seed round led by Matrix, Decasonic, and Griffin Gaming Partners, with participation from Perceptive Ventures, Flex Capital, Arbitrum Gaming Ventures, Unpopular Ventures, and LightShed Venture
Policy and government
- Aiming to reverse recent changes to federal vaccine recommendations, 15 states led by Democrats announced that they were suing the Trump administration. The lawsuit, filed by a coalition of 14 attorneys general and the governor of Pennsylvania, asks the courts to nullify the administration’s decision in January to reduce the number of diseases children are routinely immunized against to 11 from 17. It also challenges “the unlawful replacement” of members of the federal Advisory Committee on Immunization Practices, who recommend vaccines for Americans
- The Education Department announced plans to move two more programs to other federal agencies. The department reached interagency agreements with the departments of Health and Human Services and State, adding to previous deals reached last year. The latest announcement says HHS will take some control of family engagement and school support programs, while the State Department will take on responsibilities for Section 117 foreign gift reporting requirements for universities
Random news
- Kunal Nayyar, best known for playing Raj Koothrappali on all 12 seasons of The Big Bang Theory, revealed in an interview with The i Paper that he regularly uses GoFundMe to anonymously give families the financial relief they need. “Money has given me greater freedom and the greatest gift is the ability to give back, to change people’s lives,” he said. “We also support animal charities because we love dogs. But what I really love to do is go on GoFundMe at night and just pay random families’ medical bills. That’s my masked vigilante thing!”
