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
- UCSF Health announced it is laying off 200 employees systemwide, or about 1% of its workforce, amid “serious financial challenges.” The employees affected include rehab specialists, clinical laboratory scientists and physical therapists. They are members of the Union of Professional and Technical Employees. UCSF says the layoffs will help protect its ability to care for patients in the years ahead.
- Shikho, a Bangladeshi edtech platform, announced a partnership with Meta to develop and deliver a new AI literacy course aimed at broadening public understanding of artificial intelligence. The announcement comes shortly before the expected public rollout of Shikho AI, a tool that offers instant, curriculum-aligned academic support to users across the country
AI News
- IntelliDent AI, a healthtech innovator transforming dentistry through artificial intelligence, partnered with the Manipal Academy of Higher Education, India, an Institution of Eminence and global academic leader. The strategic three-year partnership aims to accelerate advancements in AI-powered oral healthcare through collaborative research, education, and entrepreneurship
- Knowtion Health, a healthcare revenue cycle company, acquired Switch RCM, a data- and technology-first company that uncovers and resolves overlooked reimbursement opportunities through intelligent automation and data-driven innovation
- Prompt Health, an AI-powered clinic operations platform built for rehab therapy, acquired PredictionHealth, creators of Sidekick, an AI scribe and coding assistant, and Practice Intel, a real-time compliance and revenue analytics solution
Early Stage Fundings
Healthtech:
- Tandem Health, which provides an AI-based medical scribe that generates clinical notes from consultations, raised $50 million in Series A funding, led by Kinnevik, with support from Northzone, Amino Collective, and Visionaries Club
- Certify, a provider data intelligence company for health plans and digital health companies, raised a $40 million Series B funding round led by Transformation Capital, with continued backing from General Catalyst and Upfront Ventures and new support from SemperVirens
- Syntis Bio, a clinical-stage biopharmaceutical company revolutionizing oral therapies for obesity, diabetes and rare diseases, raised $33 million oversubscribed Series A financing led by Cerberus Ventures, with participation from new investors Mansueto Investments, Woori Venture Partners and Apollo Labs. Founding investors BOLD Capital Partners, W. R. Berkley Corporation, Safar Partners, Portal Innovations, Colorcon Ventures and Cerity Partners Ventures also participated
- Imagene AI, a provider of multi‑modal foundation models for precision medicine, raised $23 million Series B financing round led by Oracle Chairman and CTO Larry Ellison
- Handspring, a mental health provider focused on youth, young adults, and their families, raised a $12 million Series A round led by Cobalt Ventures, with participation from NextView Ventures, nvp capital, 25madison, Arkitekt Ventures, VamosVentures, Hyde Park Angels (HPA), Cornucopian Capital, and others
- FELIQS, a biotechnology company developing small molecule therapeutics targeting oxidized lipids for rare pediatric retinal diseases, raised $9 million Series A funding round, co-led by a major American pharmaceutical company and Beyond Next Ventures Inc., with additional participation from Japan Science and Technology Agency and existing investors Mitsubishi UFJ Capital Co, Keio Innovation Initiative, and FFG Venture Business Partners Co.
- Escala, a medical technology company specializing in repair solutions for women with Pelvic Organ Prolapse, raised a $4.5 million funding round from private investors in the United States and Israel
Edtech:
- EDURINO, a platform for educational gaming for children, raised €17 million in a Series B financing round led by Ravensburger Next Ventures. Also participating were Summiteer, Sven Schulz, DN Capital, Tengelmann Ventures, b2venture, Emerge, FJ Labs, G-FUND, and Jens Begemann. Business angels Stefan Winners and Frederik Vollert also invested
- Galaxy Education, a Vietnamese education technology company, raised nearly $10 million in funding from East Ventures and other investors
Seed Fundings
Healthtech:
- Circulate Health, which specializes in therapeutic plasma exchange to advance human healthspan and lifespan, raised $12 million in seed funding in a round led by Khosla Ventures with participation from Seaside Ventures and CSC Ventures
- CalmWave, creator of the Calm ICU and company eliminating non-actionable alarms through healthcare data science and Transparent AI, raised a $4.4 million follow-on round from current investors Third Prime, Bonfire Ventures, Catalyst by Wellstar, and Silver Circle
- NiaHealth, a healthcare provider that specializes in blood testing, personalized health analytics, and fitness through an app, raised $5.75 million seed round, led by Golden Ventures, with participation from Kyle Braatz, Satish Kanwar & Arati Sharma, Jonathan Ehrlich, Zach Coelius, The51 women-focused venture fund, Jason Smith, Kathy Butler , and returning investors Boris Wertz, ScaleGood Fund, Garage Capital and Ivan Yuen
- Luma Fertility, a Mumbai-based fertility startup, raised US$4 million in seed funding in a round led by Peak XV’s Surge, with contributions from Ameera Shah of Metropolis Healthcare and Vijay Taparia of B2V Ventures
Edtech:
- Flawless, a digital platform offering AI-powered career guidance, raised $1.5 million in pre-seed funding, backed by unnamed angel investors
Going public
- McGraw Hill announced that it filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of shares of its common stock. McGraw Hill intends to list its Common Stock on the New York Stock Exchange under the ticker symbol “MH.”
- CapsoVision, a commercial-stage medical technology company that develops advanced imaging and artificial intelligence technologies that are deployed in its capsule endoscopy solutions, announced the closing of its initial public offering of 5,500,000 shares of common stock at a public offering price of $5.00 per share. The shares began trading on the Nasdaq Capital Market on July 2, 2025 under the ticker symbol “CV.”
Policy and government
- President Donald Trump’s administration paused over $6 billion of congressionally-appropriated federal funding for after-school, student support, teacher training, English language and other education programs. In a letter to Congress from the agency’s office of legislation and congressional affairs, the DOE said a notification would be sent to certain grantees alerting them that funding for the upcoming school year would be reviewed on July 1 and decisions concerning this academic year have “not yet been made.”
- Twenty states, led by California, sued the Trump administration after federal health officials shared sensitive data about Medicaid recipients with the Department of Homeland Security, which oversees immigration enforcement. The data transfer, which happened last month, was first reported by The Associated Press. The suit, which was filed in federal court in San Francisco, asks the court to stop HHS from sharing Medicaid data with any other federal agency and to stop DHS, any other federal agency, or the White House’s Department of Government Efficiency from using the data for immigration enforcement or “population surveillance.” It also asks the court to order the “impoundment, disgorgement, and destruction of all copies of any Medicaid data containing personally identifiable, protected health information that has already been unlawfully disclosed to DHS and DOGE.”
Random news
- When considering lung cancer, symptoms such as a cough or breathlessness may spring to mind as being key red flags. However, there’s another area that could be signalling the condition – your fingers. Cancer Research UK highlighted that finger clubbing could be a symptom of lung cancer. Finger clubbing, described as “unusual”, refers to changes in the shape of your fingers and nails. This sign might also be known as digital clubbing or Hippocratic fingers, according to the charity. This specific symptom can be observed in patients with lung and heart issues, including lung cancer.
(Image source: josiahmacyfoundation.org)
