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
- Edtech startup DABIDA announced that it has signed an exclusive distribution agreement with Brazil-based company MKR for its AI-powered learning solution, GeniTeacher. The agreement positions MKR to roll out GeniTeacher across Brazil as part of DABIDA’s broader push to expand internationally
- Gifthealth, a digital pharmacy and access platform, acquired Occam Health Services, a provider of intelligent solutions for patient access and support, creating a digital pharmacy platform and patient access hub solution with the aim of shifting how biopharma companies accelerate access and value for patients
AI News
- HealthEdge and UST HealthProof closed their merger, following Bain Capital’s acquisition of UST HealthProof from UST. The combined company, which will operate as HealthEdge, will empower health plans with modern AI-enabled technology and services that lower total costs and improve operational efficiency
- IQSTEL’s artificial intelligence subsidiary, Reality Border, partnered with Mobility Tech , a call center services provider specializing in the U.S. health services sector, to integrate Reality Border’s AI-powered call center technologies with Mobility Tech’s human agents
- mPulse, an AI-powered provider of Health Experience and Insights technology, acquired Clarity Software Solutions, a provider of technology-driven healthcare engagement through multimodal communications
- SePRO, a provider of environmental solutions for water and land restoration, acquired Arietta.ai, a company that develops AI solutions for healthcare and life sciences
- Notre Dame Law School partnered with Harvey, a developer of a generative artificial intelligence platform designed specifically for the legal profession, to integrate AI into legal education at Notre Dame Law School
- Brighton Hill Community School, a coeducational secondary school in Hampshire, partnered with Acer for Education, Intel, and Microsoft to rollout Acer TravelMate laptops, equipped with Intel Core Ultra processors and integrated with Microsoft Copilot, an AI assistant embedded in daily schoolwork
Late Stage Fundings:
Healthtech:
- Shields Health Solutions, a specialty pharmacy management company, raised $3.5 billion from Evernorth Health Services, a subsidiary of The Cigna Group
- Galvanize Therapeutics, a commercial-stage medical technology company developing pulsed electric field therapies for oncology and chronic lung disease, raised a $100 million Series C round led by Sofinnova Partners, with participation from Norwest Venture Partners, Elevage Medical Technologies, Ally Bridge Group, Perceptive Xontogeny Venture Fund, Janus Henderson Investors and Longaeva. Existing investors Fidelity Management & Research Company, T. Rowe Price, Gilmartin Capital, Intuitive Surgical and Apple Tree Partners also participated in the round
- ViCentra, a medical device company developing an insulin patch pump designed to be a lifestyle product, raised an $85 million Series D round led by Innovation Industries, with matching participation from existing investors Partners in Equity and Invest-NL, alongside continued support from EQT Life Sciences and Health Innovations
- Octave Bioscience, a commercial stage precision care company developing a new standard for managing multiple sclerosis and other neurodegenerative diseases, raised a $35.6 million Series C round from new strategic investors as well as participation by existing investors including Byers Capital, Blue Venture Fund, Northpond Ventures, S32, Casdin Capital, Merck Global Health Innovation Fund, Novartis, Valhalla Foundation, Intermountain Ventures and Hikma Ventures
- Noctrix Health, the developer of the Nidra Tonic Motor Activation therapy for Restless Legs Syndrome, raised $33.5 million in a round that includes participation from Blue Venture Fund and Sandbox Clinical Ventures
Early Stage Fundings
Healthtech:
- Treeline Biosciences, a clinical-stage biopharma company that aspires to make medicines at the highest level, raised a $200M Series A extension from AI Life Sciences, ARCH Venture Partners, OrbiMed, GV, KKR, accounts advised by T. Rowe Price Associates, Ajax Health/Zeus, Casdin Capital, Fidelity Management & Research Company, Aisling Capital, Rock Springs Capital, and Exor
- MRM Health NV, a clinical-stage biopharmaceutical company developing microbiome-based therapeutics for inflammatory diseases and immune-oncology, raised a $64 million Series B financing round led by French pharmaceutical group Biocodex and included participation from German-based ATHOS, as well as new investor BNP Paribas Fortis Private Equity and existing investors SFPIM, Ackermans & van Haaren, OMX Europe Venture Fund, Qbic II and VIB
- Mercy BioAnalytics, a developer of extracellular vesicle-based liquid biopsies for the early detection of cancer, raised a $59 million Series B round co-led by Novalis and Sozo Ventures, with participation from Perceptive Xontogeny Venture Fund, American Cancer Society BrightEdge and iSelect Fund, as well as Portfolia, Avestria Ventures, and Mindshift Capital. The round also included participation from strategic investors including Hologic, Bruker Scientific, and Labcorp
- Cyted Health, a gastrointestinal molecular diagnostics company, raised a $44 million Series B financing round led by EQT Life Sciences and co-led by Advent Life Sciences and British Business Bank, with continued support from existing investors Morningside and BGF. The financing includes a non-dilutive contribution from a strategic partnership with HCA Healthcare
- M2care, a European Healthtech venture studio, raised €26 million from the French Tech Accélération 2 fund, alongside existing investors Mérieux Développement, Institut NAOS des Sciences de la Vie, Crédit Agricole Centre-Est, and Family Offices
- Predoc, a full-service, AI-native platform for Health Information Management, raised $30 million in a round led by Base10 Partners, with participation from Northzone, ENIAC Ventures, Entrepreneurs Roundtable Accelerator, Operator Partners, Travis May, Demetri Karagas, Steven Gutentag, and Bill Murphy
- LPOXY Therapeutics, a clinical-stage biopharmaceutical company developing a novel non-antibiotic therapy to prevent Clostridioides difficile infections, raised a $28 million Series A round from 5Horizons Ventures
- Sensorium Therapeutics, a clinical–stage biotechnology company developing brain and mental health treatments, raised $25 million in Series A funding from Mockingbird Capital Partners, Mission BioCapital, Hatteras Venture Partners, and Dolby Family Ventures.
- Hello Patient, a conversational AI company for patient communications, raised a $22.5 million Series A financing led by Scale Venture Partners, with participation from 8VC, Bling Capital, Max Ventures, Remus Capital, and FirstLook Partners
- Reveal HealthTech, a specialized AI transformation partner for U.S. healthcare and life-sciences companies, raised a $7.2 million Series A round led by Leo Capital with participation from Sanos Capital
- PlatinumRx, an online pharmacy that helps consumers find the exact substitute medicine with the same composition, raised $6 million as part of its Series A round led by Stellaris Venture Partners. The round also saw participation from existing investor India Quotient
- Berlin Heals Holding AG, developer of an implantable device called “C-MIC”, raised $5 million from undisclosed investors
- Nutromics, developer of a wearable “lab-on-a-patch” device that uses DNA biosensors and tiny microneedles to track molecular data in real time, raised A$7.5 million from undisclosed investors
- MyWay Digital Health, a digital healthcare solutions provider dedicated to reducing the burden of chronic disease, with a particular emphasis on diabetes, raised £3.0 million from Foresight Group
Edtech:
- Wooclap, a platform that enables higher education institutions and businesses to increase learner engagement and retention, both in-person and remotely, raised a €25 million fundraising round led by Impact Expansion
- Seekho, a provider of educational content through curated and personalised short videos on its platform, raised a $28 million Series B round led by Bessemer Venture Partners, along with Goodwater Capital and existing investors Lightspeed Venture Partners and Elevation Capital
Seed Fundings
Healthtech:
- Joint Ai, an AI-powered triage platform designed to help automate the evaluation, diagnosis and treatment for patients suffering from knee and hip arthritis, raised $315,000 from the Richard King Mellon Foundation
- Revalia Bio, a startup that helps companies test new therapies on human organs, raised $14.5 million in seed funding in a round co-led by America’s Frontier Fund and Sierra Ventures, with participation from Roger Ferguson as well as other existing backers
- NewDays, a company that combines regular telehealth appointments with expert clinicians and AI-powered cognitive exercises delivered by its AI companion, raised a $7 million seed round from General Catalyst and Madrona
- Salient Bio, developer of microbiome-based diagnostic test for Inflammatory Bowel Disease, raised a £2.35 million seed funding round led by THENA Capital
- FlexifyMe, an AI-powered healthtech company focused on physiotherapy-based diagnosis and treatment of pain, raised ₹20 crore in pre-Series A funding led by IvyCap Ventures, with participation from Signal Ventures and existing investors
Policy and government
- First Lady Melania Trump hosted a meeting of the White House’s AI education task force where several CEOs touted their commitments. Google said it would allocate $150 million of the $1 billion it already pledged toward education and job training to “grants to support AI education and digital wellbeing.” Microsoft is offering students access to Copilot with a free year of Microsoft 365 Personal if they verify with a school account, and offering free LinkedIn Learning courses on AI to students and teachers. And Amazon says it will help train 4 million people in AI skills and “enable AI curricula” for 10,000 educators in the US by 2028, while offering $30 million in AWS credits for organizations using cloud and AI tech in education
- Washington, California, and Oregon launched the new West Coast Health Alliance in response to what they say is President Trump destroying the CDC’s credibility. The announcement says the group will help protect people using science and not politics. The alliance says it will be committed to ensuring public health recommendations are guided by safety, efficacy, transparency, access and trust. It will start with creating guidelines that align immunization recommendations with trusted national medical organizations
Random news
- Several urgent care workers in Santa Barbara were fired after a TikTok taken inside medical exam rooms went viral over Labor Day weekend. The post shows a compilation of photos where Sansum Clinic workers were joking and posing with patients’ bodily fluids left on exam tables. Text over one of the first images reads, “Are patients allowed to leave you guys gifts?” followed by slides showing staff laughing, pointing, and even posing playfully around the stains with the caption: “guess the substance!” In another frame, the on-screen words say “all shades and opacities.”
(Image source: proventainternational.com)
