Digital health news, funding roundup in the prior week; August 30

Kristin Karaoglu · August 31, 2021 · Short URL:

Headspace's resilience brand and Ginger's clinical heft create mental health powerhouse

Bambi Francisco Roizen sits down with Russ Glass, CEO of newly-formed Headspace Health, the combination of Ginger, a provider of on-demand coaching, therapy and psychiatry for people struggling with their mental health, and Headspace, a popular meditation app. The new company is valued at $3 billion and is estimated to have a combined booking of $300 million by end of this year. Read more

MayoClinic: MayoClinic is a nonprofit medical practice and medical research group focused on integrated health care, education, and research. Mayo Clinic and Verily, an Alphabet announced a collaboration focuses on the development of a digital point-of-care resource of vetted knowledge to support an individualized approach to patient care. Read more 

Calibrate: Calibrate is a weight management platform. Calibrate has raised $100 million in Series B funding co-led by Founders Fund and Tiger Global. Other investors in the deal include Optum Ventures and earlier backers Forerunner Ventures, Threshold Ventures and Redesign Health. Read more   

Cardior Pharmaceuticals, a five-year-old, Hanover, Germany-based biotech that's focused on cardiac diseases, has raised €64 million ($76 million) in Series B funding led by Inkef Capital, with participation from Fund+, Sunstone, Hadean Ventures, and Coparion.  Read more 

Atavistik Bio: Atavistik Bio is a Cambridge, Ma.-based biotech focused on metabolite-protein interactions. Atavistik Bio has raised $60 million in Series A funding led by The Column Group, with participation from Lux Capital and Nextech Invest. Read more

Bridge to Life: Bridge to Life is a Northbrook, Il.-based company focused on organ preservation and transportation. Bridge to Life has raised $56 million led by Perceptive Advisors. Read more 

Xalud Therapeutics: Xalud Therapeutics is a New York-based developer of nonviral gene therapies to treat pathologic inflammation. Xalud Therapeutics has raised $30 million in Series C funding led by earlier backer PBM Capital. Read more 

Overjet: Overjet is a Cambridge, Ma.-based developer of X-ray AI for dental clinics Overjet raised $27 million in Series A funding co-led by General Catalyst and Insight Partners, with added participation from E14 Fund. Read more 

Covera Health: Covera Health is a New York-based patient care analytics startup focused on reducing medical errors. Covera Health has raised $25 million in Series C funding led by Insight Partners, with participation from Equity Group Investments. Read more 

Equum Medical: Equum Medical is a New York-based acute care telehealth company that connects patients with physicians with tele-critical care experience. Equum Medical has raised $20 million from Heritage Group. Read more 

Recuro Health: Recuro Health is a Richardson, Tex.-based digital holistic health platform. Recuro Health has raised $15 million in Series A funding. Arch Venture Partners led the round, joined by earlier backers OLSF Ventures, Cortado Ventures, 1843 Capital and Sage Venture Partners. Read more

If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to If you want a longer write-up, please do give us a couple of days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.

Image by Arek Socha from Pixabay 

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Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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