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
- Azra AI, an end-to-end enterprise platform for incidental findings and oncology workflow automation, partnered with RevealDx, a provider of AI tools for the characterization of lung nodules, building upon Azra AI’s recent acquisition of Thynk health, which provides cancer screening and incidental findings management
- Reducto, a provider of AI document parsing and extraction software, acquired Opennote, an interactive, AI-powered study and note-taking platform designed by college students for undergraduates, to help extract information accurately into something people, systems, and agents can act on
AI News
- BD, a global medical technology company, partnered with Wellstar Health System, one of Georgia’s largest and most integrated healthcare systems, integrating BD Pyxis Pro, an AI-powered medication dispensing technology, and BD Alaris Infusion Systems
- Global investment firm Carlyle acquired Knack RCM and EqualizeRCM, two healthcare revenue cycle management providers, to create an AI-native, global, multi-specialty RCM platform
- The Florida State University College of Nursing partnered the Coalition for Health AI to launch Nursing Essentials of Responsible AI to provide nurses with a framework for the ethical and effective use of artificial intelligence in clinical practice
- California Institute of Applied Technology partnered with CompTIA to launch a new intensive education program, CIAT’s CompTIA SecAI+ Bootcamp, designed for cybersecurity professionals seeking to master AI security specialization
- Classover, an online child learning center focused on children range between 4-12 years old, partnered with Unitree Robotics, which develops advanced robots for various industrial and consumer applications, to launch its embodied AI robotics education platform featuring advanced humanoid robots and robotic dog systems
- Faraday Future, an Embodied AI ecosystem company, partnered with FF AI-Robotics and Boston International Business School to jointly establish the BIBS–FF AI Robotics Institute, a Physical AI and Robotics Institute integrating education, robot deployment, and data infrastructure
- The University of Alabama at Birmingham and the American Society of Safety Professionals partnered to launch an Applied AI for EHS Certificate, a new professional education offering designed for environmental health and safety professionals navigating the rapidly expanding role of artificial intelligence in workplace safety
- Aalto University partnered with Sitra, an investment arm specializing in investments in seed, start-ups, early stage opportunities, and other funds, and Lovable, provider of an AI-driven platform enabling users to generate and deploy web applications and websites from natural language prompts, to launch the AI Summer Program, an initiative that pairs university students with Finnish public sector organizations to design, prototype and build real digital services using AI tools, and to turn what they learn into a playbook the rest of the public sector can use
Mental Health
- GrayMatters Health, developers of digital brain biomarkers for mental healthcare, launched Prism Imagine, a generative AI-powered tool for interventional psychiatric clinics to enhance patient engagement
- The City of St. Charles announced a partnership with The 10-78 Project that helps provide mental health resources to police officers. The project, which gets its name from the police code for an officer in need of aid, provides support within 24 to 48 hours
- The Virginia Department of Health, in partnership with the Virginia Department of Behavioral Health and Developmental Services, launched Beyond the Blues, a statewide public awareness campaign designed to help Virginians better understand perinatal & postpartum depression and maternal mental health
- Universal Music Group partnered with Amber Health, a provider of tailored mental health care, allowing UMG’s artists and songwriters in North America to have 24/7 access to a range of mental health services, including clinical expertise, including crisis response, care planning, and specialized referrals. Additionally, UMG signed up as a founding member of Project Healthy Minds’ workforce mental health research initiative, becoming the first music company to do so
- Lexitas, a provider of technology‑enabled litigation support services, partnered with Guardian Revival, a nonprofit organization dedicated to improving the mental health and well-being of military service members, veterans, first responders, and their families
- Psynk AI, a provider of clinical-grade artificial intelligence for mental health, partnered with Ocean View Psychiatric Hospital to deploy its AI-powered psychiatric assistant in a live inpatient setting
Big financings:
Healthtech:
- BlueWind Medical, a developer of a patient-centric solution for urgency urinary incontinence, raised $47.8 million in financing through a combination of equity and debt
- 9amHealth, an AI-enabled virtual specialty care platform focused on managing high-cost chronic conditions at scale, raised a $26 million Series B led by Define Ventures
- UroMems, a company developing implantable mechatronics technology to treat stress urinary incontinence, raised $60 million from Ajax Health
- Degron Therapeutics, a clinical-stage biotechnology company advancing molecular glue degrader medicines targeting previously undruggable or insufficiently drugged proteins, raised a $40 million Series A round led by LAPAM CAPITAL. Additional investors include GTJA Investment Group, Fortune Capital, CSPC & Growth, ApicHope, GF Xinde, CASSTAR, Kinghall Ventures, and GAGE Capital
- BranchLab, an AI platform transforming how pharmaceutical companies commercialize therapies, raised a $26 million Series A financing led by McKesson Ventures, with participation from FCA Venture Partners, Sanofi Ventures, and AIX Ventures
- Sonomind, a startup specializing in non-invasive and painless treatment of mental illnesses using focused ultrasound, raised a €20 million Series A funding round led by Critical Path Ventures and Bpifrance
- Basata, an AI-powered platform that improves healthcare access by streamlining document management and automating call center workflows, raised a $21 million Series A led by Basis Set Ventures, with participation from Cowboy Ventures, PHX Ventures, Zenda Capital, and Victoria Treyger
- Butterfly Medical, developer of a proprietary non-surgical solution for benign prostatic hyperplasia, raised $21 million from new and existing investors, including the European Innovation Council, Junson Capital, MedVenture and New Rhein Healthcare Investors
- Rivermark Medical, a urology-focused medical device maker, raised $20 million from Andera Partners
- Optura, an enterprise healthcare platform that delivers Return on AI Investment, raised a $17.5M Series A led by Salesforce Ventures, with participation from Echo Health Ventures and continued investment from Susa Ventures, Matrix Partners and HC9 Ventures
- Anomaly Insights, an AI-powered payer intelligence company built to close the knowledge gap that fundamentally disadvantages healthcare providers, raised $17 million in new funding led by Sound Ventures. Alumni Ventures also joined the round, alongside existing investors Link Ventures, Redesign Health, and RRE Ventures
- Develo, an AI-native operating system for pediatrics, raised $14 million led by Blueprint Equity, with participation from Villain Capital, Z21 Ventures, and Bienville Capital, along with angel investors including Chris Sullens, Chris Barton, and Paul Black
- NinaMED, a healthcare and medical solutions company associated with medical services and technology-enabled healthcare solutions, raised $13.75 million in a financing led by SPRIM Global Investments
- Aumet, an AI-first procurement operating system for healthcare, raised $12 million in a Series A funding round led by Emkan Capital, with participation from Qatar Development Bank, SABAH VC, and AAIC, alongside existing investor Shorooq
- Knit Health, a company developing collective clinical intelligence, raised $11.6 million in a seed round co-led by Uncork Capital and Frist Cressey Ventures and a pre-seed round led by Moxxie Ventures, with participation from Coalition Operators
- Urologic Health, a medical device company developing non-invasive urodynamics, raised an $11 million seed financing round led by an undisclosed strategic investor, with participation from Edge Medical Ventures, SHD Partners, Longevity Venture Partners, and additional healthcare-focused investors
Edtech:
- Multiverse, an upskilling platform for AI and tech adoption, raised $70 million in a round led by Schroders Capital, with participation from existing investors including General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group
Not so big financings:
Healthtech:
- Ditto, a company building AI-generated summaries of medical appointments for patients, raised €7.6 million in a round led by Heal Capital with participation from Rubio Impact Ventures. Earlier backer Chris Oomen also participated
- Violet Therapeutics, a biotechnology company developing therapies for neurodegenerative diseases, raised a $4.75 million seed extension financing led by Lifespan Vision Ventures with participation from Dementia Discovery Fund, UTEC, Ono Venture Investment, and Mass General Brigham Ventures
- Saile, a developer of an automated healthcare staffing and clinician credentialing platform, raised $2.2 million in a pre-seed funding round led by Matchstick Ventures, with participation from Headwater Ventures
- Chromie Health, which uses AI to streamline healthcare scheduling and improve team workflows, raised a $2 million pre-seed funding round led by AIX Ventures
- Hakeem Health, developer of AI-powered clinical decision support platform, raised a $1.65 million investment round led by Merak Capital
- Myomar Molecular, developer of a urine test that assesses muscle health, raised a $3.5 million seed round led by the Northern Ontario Angels
Fund News
- CRB Health Tech closed its CRB Digital Health Tech III fund at €50 million
- J&J Impact Ventures invested in DNA VC II fund to accelerate access to healthcare innovation in Brazil
Policy and government
- Dr. Marty Makary resigned as commissioner of the Food and Drug Administration Tuesday, ending a 13-month tenure. The president posted that the acting head of the agency would be Kyle Diamantas, who had been deputy commissioner for food
- U.S. Secretary of Education Linda McMahon announced a new $144 million investment by the Trump Administration to help states expand proven interventions that support students with disabilities. These funds will be awarded this year for state and local agencies to use for Individuals with Disabilities Education Act programs. In addition, McMahon also announced new guidance for states to use IDEA funds to help expectant parents of infants with disabilities access information and tools to prepare for their child’s arrival, and secure needed supports and services after birth
Random news
- Yogendra Upadhyaya, an Indian politician, and higher education minister of Uttar Pradesh, triggered controversy by describing two popular English nursery rhymes – ‘Johnny Johnny, Yes Papa’ and ‘Rain Rain Go Away’ – as being against Indian culture and values, saying that it teaches children to lie and promotes selfishness. “Self-interest is promoted in the poem, ‘Rain rain go away, come again another day, Little Johnny wants to play’. It says that rain should stop only because Johnny wants to play. What kind of values are these? An act yields joy only when it is performed selflessly, transcending self-interest. But this poem signifies ‘Swantah Sukhay’ (self-satisfaction) which is not our culture,” Upadhyaya said
