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
- Cognizant partnered with Palantir to accelerate AI-driven modernization across healthcare and enterprise operations, with Cognizant leveraging Palantir Foundry and Palantir Artificial Intelligence Platform to advance AI integration within its TriZetto healthcare business
- Quizlet, a learning platform that provides engaging study tools to help people practice and master whatever they are learning, acquired Coconote, an AI note-taker and study coach
AI News
- Rayner launched eyejourney, a personalized, AI-powered patient education platform designed to bring clarity, consistency, and confidence to every stage of ophthalmic care
- Wolters Kluwer, an information services company specializing in software solutions and services for the healthcare and legal sectors, launched new features for iLien Borrower Analytics powered by Expert AI, including access to automated and expert assisted review options that consolidate public records and lien statuses into a single dashboard
- HighRes, a provider of laboratory automation and orchestration software, and Opentrons Labworks, a laboratory robotics company building the physical infrastructure for AI-driven autonomous science, partnered to co-develop and demonstrate an AI agent-to-agent laboratory workflow
- Owlet, a provider of smart infant monitoring, partnered with webAI, a private AI platform, to accelerate the development of secure, personalized, and data-driven intelligence across the Owlet product ecosystem
- Medtronic acquired CathWorks, a medical device company which aims to transform how coronary artery disease is diagnosed and treated
- Webster University, and Scale AI, a technology company that provides the high-quality data that powers the world’s AI models, and builds applications for enterprises and governments, partnered on a new technical writing program which will offer upskilling development opportunities to Scale AI employees in St. Louis
- Claremont Graduate University and Macnica, a supplier of semiconductor, electronic components, network equipment, software products, partnered to explore a strategic collaboration focused on human-centered artificial intelligence
- Point Park University introduced artificial intelligence chatbots to accommodate high schoolers’ schedules, giving the answers to their questions on the application process, program offerings, and tuition
- HighRes, a provider of laboratory automation and orchestration software, and Opentrons Labworks, a laboratory robotics company building the physical infrastructure for AI-driven autonomous science, partnered to co-develop and demonstrate an AI agent-to-agent laboratory workflow
- Quizlet, a learning platform that provides engaging study tools to help people practice and master whatever they are learning, acquired Coconote, an AI note-taker and study coach
Really big financings:
Healthtech:
- Talkiatry, a full-stack provider group delivering in-network psychiatric care, raised $210 million in Series D financing led by Perceptive Advisors, with participation from Sofina and prior lead investors Andreessen Horowitz, blisce/, and Left Lane Capital, alongside a debt facility from Banc of California
- Solace Health, which connects patients with professional healthcare advocates, raised a $130 million Series C funding round led by IVP, with participation from existing investors Menlo Ventures, SignalFire, Torch Capital, Inspired Capital and RiverPark Ventures
- Garner Health, a digital platform that helps patients find the best healthcare providers using better data and smarter financial incentives, raised $118 million in a round led by Kleiner Perkins with participation from Redpoint, Maverick, Kaiser Permanente Ventures, Mercy, Plus Capital, and other existing investors
- ILiAD Biotechnologies, a clinical stage biotech company focused on the prevention and treatment of disease caused by Bordetella pertussis, raised a $115 million Series B financing led by RA Capital Management with participation from new investors Janus Henderson Investors and BNP Paribas Asset Management Alts, as well as existing investors including a multi-national pharmaceutical company and AI Life Sciences
- DentalMonitoring, developer of an AI-powered software as a medical device for remote orthodontic monitoring, raised $100 million new investors, including Lazard Elaia Capital and ISALT, through its Fonds Stratégique des Transitions
Big financings:
Healthtech:
- OncoRes Medical, a medical device company dedicated to eliminating the physical, psychological and economic burdens associated with repeat operations following breast-conserving surgery, raised AUD $27 million from Brandon Capital Partners’ BB6 Fund, Morgans, Radar Ventures, Australian and international family offices, and The Table Club network
- Neurent Medical, developer of a minimally invasive solution to treat chronic rhinitis, raised $74 million in a round led by MVM Partners, with significant participation from Sofinnova Partners, and included continued support from existing investors EQT Life Sciences, Atlantic Bridge, Fountain Healthcare Partners and Enterprise Ireland
- Anterior, a clinician-led artificial intelligence platform for health plans, raised a $40 million funding round from NEA and Sequoia Capital, alongside new investors FPV and Kinnevik
- Aerska, a biotechnology company using brain shuttle technology to develop RNA medicines for CNS diseases, raised a $39 million Series A financing led by EQT Dementia Fund and age1, with participation from Iaso Ventures, alongside existing investors
- Splose, AI-powered practice management software that exists to put time back into the hands of allied health professionals, raised AUD$46 in a round led by Spectrum Equity, with participation from Athletic Ventures
- Atlas Oncology Partners, a value-based oncology enablement platform supporting community oncology practices, raised a $28 million Series A financing led by Flare Capital Partners with significant participation from Rubicon Founders
- Big Health, a developer of digital treatments for the most pervasive mental health conditions, raised $23.7 million in a round co-led by .406 Ventures and AlleyCorp, with participation from CVS Health Ventures, Blue Venture Fund, Sandbox Clinical Ventures, Gilde Healthcare, and Supermoon Capital
- Kainova Therapeutics, a company developing therapeutic innovation in immuno-oncology and inflammation, raised a C$32 million round led by Investissement Québec and supported by existing investors CTI Life Sciences, Panacea Venture, 3B Future Health Fund, Seventure Partners, Viva BioInnovator, Turenne Capital, Schroders Capital, adMare BioInnovations, and Seido Capital
- Somethings, a digital mental health platform designed for teens and young adults, raised a $19.2 million round led by Catalio Capital, with participation from existing investors General Catalyst and Tusk Ventures
- Pandorum Technologies, a biotechnology company pioneering programmable regenerative medicine, raised $18 million in a Series B financing round led by Protons Corporate, with participation from Galentic Pharma, marquee investor Ashish Kacholia, Noblevast Advisory and Avinya Fund, Burman Family and others
- Lifeaz, developer of easy-to-use, connected defibrillators for home and business use, raised a €13 million funding round from existing investor Mutuelles Impact, initiated by La Mutualité Française and managed by XAnge in partnership with Impactivist, as well as new investments from BNP Paribas, GO CAPITAL, and Mirova
Not so big financings:
Healthtech:
- Wisdom, a smart home company helping older adults live safely and independently, raised a $315,000 social-impact investment from the Richard King Mellon Foundation
- Circle Health, developer of an integrated preventive care platform, raised a €9 million seed round of equity and debt financing, led by Atlantic.vc, with participation from CRB Health Tech, Calm/Storm Ventures, and Kfund
- Exact Imaging, a provider of high-resolution micro-ultrasound for urologic imaging, raised a $10 million financing round led by iGan Partners
- TEA AI, which develops consumer AI companions for health, raised $10 million a round led by Linear Capital and Eminence Ventures
- Berlin Heals Holding AG, a MedTech company focused on transformative therapies for heart failure, raised over $10 million from a combination of existing shareholders and new investors
- Secai, a health AI firm that focuses on bridging the gap between advanced technology and everyday clinical practice, raised $6.2 million in a Series A financing round from undisclosed investors
- Neupulse, a neurotherapeutics company focused on delivering innovative solutions to people with brain health conditions, like Tourette Syndrome, raised £3 million in a round led by Eos Advisory and the Midlands Engine Investment Fund II, with participation from existing and new investors
- Orthofuse, developer of 3D-printed implant systems, raised $3 million seed round led by a group of angel investors with participation from ACF investors, Cambridge Angels, and Empirical Ventures
- CURAPOD, developer of wearable, non-invasive pain management devices focused on musculoskeletal conditions, raised $2.2 million in a pre-Series A round led by V3 Ventures, 3i Partners, and Ideaspring Capital
- Elevate Now, a clinical weight loss platform, raised Rs 18 crore in a seed funding round led by Physis Capital along with participation from Inflection Point Ventures and Titan Capital
- Entirety Biomedical, a medical device startup developing bioabsorbable implant systems with its Curasorb technology, raised a $1.2 million seed financing round led by NuFund Venture Group, with participation from Michigan Rise, Union Heritage, Revere Partners, Community Equity Partners, American Society of Plastic Surgeons, and Mass Medical Angels, among others
- Nocomed, a provider of sustainability software for life sciences, raised €650,000 in seed funding from Barry Comerford, Edmund Wilson, and Enterprise Ireland
Fund News
- Not-for-profit health insurer HBF Health launched a $25 million venture fund to back health-tech startups
Policy and government
- The UK government set out to improve access to healthcare technology within the National Health Service through launch of the new National Healthtech Access Programme. The National Institute for Health and Care Excellence will incorporate health technologies into its appraisal programme – including medical devices, diagnostics and digital tools
Random news
- A study from Nature Portfolio, involving over 50,000 children in the United States, showed children who spend four or more hours a day in front of screens are much more likely to develop mental health problems, including being 61% more likely to get depression. The study also found that anxiety levels went up by 45%, behavioral problems went up by 24%, and ADHD cases went up by 21%
