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
- Fay, a company that matches individuals with a registered dietitian based on their goals, health history, and insurance eligibility, became the first nutrition care service to join Amazon’s Health Benefits Connector. This collaboration enables Amazon customers, who are eligible for Fay services, to discover and enroll in Fay’s personalized, insurance-covered nutrition care when browsing for wellness and nutrition services
- Google Gemini partnered with California Community Colleges to bring AI tools and training to its 2.1 million students and faculty, providing no-cost access to resources like Gemini for Education, NotebookLM and Google Career Certificates across all 116 colleges
AI News
- University Hospitals, an academic health system, partnered with Hippocratic AI, a provider of generative AI healthcare agents, to deploy Hippocratic AI’s conversational agents to enhance clinical workflows, expand patient engagement, and improve outcomes throughout the UH system
- Sylvester.ai, a provider of AI-driven feline health technology, partnered with Nova Vet Family, a veterinary platform, to bring AI-powered feline pain detection technology to veterinary clinics across the Middle East, parts of North Africa as well as international markets
- Capacity, an AI-powered support automation platform for Contact Centers, acquired KLaunch, a conversational AI company that helps government, healthcare, nonprofit and sports and entertainment companies better connect with their customers
- GE HealthCare acquired icometrix, a company focused on providing AI-powered brain imaging analysis for neurological disorders such as Alzheimer’s disease
- Mynd.ai, a provider of interactive software apps and learning technologies for K-12 educators, colleges, and universities, acquired voice control technology platform Merlyn Mind
Late Stage Fundings:
Healthtech:
- Nalu Medical, a commercial-stage medical device company focused on developing and commercializing neurostimulation solutions for patients with chronic intractable neuropathic pain, raised $50 million from Trinity Capital
EdTech
- Lingokids, an an edutainment and media company that developed an interactive app for kids aged 2-8, raised $120 million led by Bullhound Capital and General Catalyst’s Customer Value Fund, with the participation of Nextalia Ventures and other existing investors
Early Stage Fundings
Healthtech:
- Seven Starling, a virtual provider of women’s behavioral health services, raised $8 million in funding led by Rethink Impact, with participation from Pear VC, Zeal Capital Partners, Magnify Ventures, Ulu Ventures, Expa, Fiore Ventures, the March of Dimes, Rogue Women’s Fund, and Graham & Walker
- Imagine Pediatrics, a pediatric medical group delivering 24/7 virtual and in-home care for children with special health care needs, raised $67 million in Series B funding. Participants in the round include existing investors Oak HC/FT, Optum Ventures, and Rubicon Founders and new strategic investment from the Autism Impact Fund and others
- Sevaro Health, a healthcare technology company that provides teleneurology services for patients with neurological disorders, raised $39 million in a round led by Valtruis, with continued support from early investors APA and Catalyst
- Arvo, which builds artificial intelligence and data integration tools to improve efficiency, transparency, and security in healthcare payments, raised $20 million in a Series A round led by Kaszek and Base10 Partners, with participation from Canary and K50 Ventures
- Doctronic, an AI-powered health assistant designed to help individuals better understand their health and access high-quality care, raised a $20 million Series A round led by Lightspeed Venture Partners, with participation from Union Square Ventures, Tusk Ventures, Mantis VC, Seven Stars, and angels across AI & healthcare including Dr. Fei-Fei Li, Jay Desai, and Scott Belsky
- Highlight Therapeutics, a biopharmaceutical company focused on the development of next-generation immunotherapies, raised €15 million from Buenavista Equity Partners
- Character Biosciences, a precision medicine company transforming drug development for polygenic diseases, expanded its Series B financing, bringing total capital raised in the round to more than $110 million. The additional close included participation from Sanofi Ventures, as well as new and existing investors
- TAFALGIE THERAPEUTICS, a clinical-stage BioTech startup developing non-opioid treatments for pain, raised €12 million in a Series A funding round from a mix of new business angels, particularly family offices, and returning investors
- Nutrium, an all-in-one corporate nutrition solution, raised $12 million in Series A funding led by Vesalius Biocapital, with Lince Capital, Indico Capital Partners, and Beta Capital also participating
- Toothfairy, a digital dentistry service, raised £10 million led by LBO France, with CRB Health and Portfolio Ventures also participating, along with existing investors including ADA Ventures, Haatch and Slingshot
- Seven Starling, a virtual women’s behavioral health provider, raised $8 million in funding led by Rethink Impact with participation from Pear VC, Zeal Capital Partners, Magnify Ventures, Ulu Ventures, Expa, Fiore Ventures, the March of Dimes, Rogue Women’s Fund, and Graham & Walker
- H3D, an AI-powered dental and hearing care device company, raised a $5.8 million Series A funding round. The investment was led by Significant Ventures, with participation from other existing investor Swinburne University and new investor Co:Act Capital
Seed Fundings
Healthtech:
- Genoskin, a Contract Research Organization developing ex vivo human skin platforms capable of testing injected drugs and implanted medical devices, raised $8.7 million in its first funding round led by c, alongside Captech Santé, GSO Innovation and CA Toulouse 31 Initiatives
- MoldCo, a clinician-led digital health platform standardizing mold detox as routine preventative care, raised $8 million in seed funding, co-led by Cantos and Collaborative Fund
- Doctor.One, a chronic care platform that aims to empower healthcare professionals to stay connected with their patients through continuous, asynchronous communication, raised a €4 million seed round led by YZR Capital, with participation from Impact Ventures and existing investors
- Trially, an AI-first clinical trial recruitment platform, raised $4.7 million seed round led by Flyover Capital, with participation from Alpaca, Atria, Blu Ventures, Looking Glass Capital, Redbud, The Council, and Gaingels
- Nolla Health, an AI-powered personal healthcare company, raised a $4.5 million seed round led by General Catalyst, with participation from SNÖ Ventures and Diede van Lamoen
- Moodwork, a developer of preventative digital tools for employee well-being, raised €3.1 million in a round led by Newfund, with participation from new investor and Co-CEO Grégory Salinger, along with business angels Guy Lacroix and Alain Dublin
- IMMA Health, which develops portable ultrasound devices for women undergoing fertility treatments, raised $2.5 million in a round led by iXcore and is also supported by a grant from the Israel Innovation Authority
- MedSetGo, an AI-driven healthcare company modernizing patient care transitions, raised a $2.4 million seed round led by TurboStart with participation from Gold House Ventures as well as a series of high profile angel investors
- OnTracx, developer of a smart sensor and digital platform that helps runners and health professionals understand the body’s response to running, raised $1.4 million in a seed funding round from imec.istart Fund, PMV, KBC and Belgian and Dutch business angels with expertise in sports medicine and entrepreneurship, complemented by an innovation grant from VLAIO
- Virtual Vision Health, developer of a virtual reality-based visual field testing device, raised a $1 million seed round led by GOVO Venture Partners and including individual investors
Edtech:
- Layers, which integrates digital tools for schools into a single platform, raised $3.9 million in a pre-Series A round led by Constellation CSI
- TeachMe.To, a marketplace for finding and booking local in-person lessons, raised $3 million in seed+ funding, led by Interplay and with participation from existing investors, including Bling Capital and 1984 Ventures
- Evolve, an AI-native learning platform that helps companies onboard, upskill, and track employee growth faster, raised $1 million in a seed funding round led by AltaIR Capital, with participation from 500 Global, ULTRA.VC, Funders VC and Brayne.vc
Going public
- Jaro Education will open its 450 crore rupees (US$50 million) IPO for subscription on September 23, 2025. The Mumbai-based education company offers degree and certification programs in partnership with Indian and international institutions
Fund News
- T.Rx Capital, a new venture capital firm focused on early-stage healthcare innovation, closed its inaugural fund, T.Rx Capital Fund I, at $77.5 million. The fund is dedicated to backing visionary founders building at the intersection of technology and biology including biotechnology, techbio, and tech-enabled services
Policy and government
- The Trump administration is redirecting nearly $500 million in federal funding toward historically Black colleges and tribal colleges, a one-time investment covered primarily by cuts to other colleges serving large numbers of minority students. The Education Department announced the funding boost days after cutting $350 million from other grants, mostly from programs reserved for colleges that have large numbers of Hispanic students. Agency leaders said those grants were unconstitutional because they’re available only to colleges with certain minority enrollment thresholds
- A federal appeals court refused for now to allow U.S. President Donald Trump’s administration to proceed with a planned overhaul of the U.S. Department of Health and Human Services, which would involve reorganizing several agencies and firing thousands of employees. A three-judge panel of the Boston-based 1st U.S. Circuit Court of Appeals declined to lift a federal judge’s injunction secured by several Democratic-led states. The 1st Circuit rejected the Trump administration’s claims that the states could not show they would be immediately harmed if the injunction is lifted pending an appeal
Random news
- Over this past weekend, someone left flowers on the cars of patients at Dublin Methodist Hospital. Susan Rappaport was in the emergency room for some tests. When she and her daughter went to leave, they found a tiny bouquet of flowers threaded through the handle of the car door with a note that simply said, “Have a good day.” Rappaport said at least a dozen cars had identical bouquets. She said she doesn’t know who left them, but the small act of kindness made a big difference in her day
(Image source: rand.org)
