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Q2 wraps up with more than $6.2 billion in digital health investments

Q2 wraps up with more than $6.2 billion in digital health investments
mobihealthnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mobihealthnews.com Daily Mail and Mail on Sunday newspapers.

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OIST and Beyond Next Ventures tie in a new innovation hub


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The Okinawa Institute of Science and Technology Graduate University ( OIST ) and Beyond Next Ventures ( BNV ) announced on May 25 a new partnership to invest in deep-tech startups and develop the innovation ecosystem in Okinawa.
Today is a happy day for OIST and me personally as we can announce that BNV, a venture capital firm whose core values are well aligned with ours, will invest in deep tech startups from OIST and enable entrepreneurs from anywhere in the world to come to OIST to launch their companies, said
Dr. Peter Gruss, President & CEO of OIST. This provides the university with a sound financial basis to generate between 10-20 new companies in the next few years, and foster development in Okinawa through the creation of high-tech industry. This investment partnership is also a steppingstone for our aspiration to establish an even more ambitious fund that we hope will lay the basis for an innovation park next to the OIST campus. ....

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myelin foundry funding: AI startup Myelin Foundry gets funding from Japan's Beyond Next Ventures


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The company will use the capital raised to consolidate its products in India’s video streaming market and expand into international markets. And to further build capabilities to position itself as a leader in the edge Artificial Intelligence space across industries.
Founded by Gopichand Katragadda, Ganesh Suryanarayanan and Aditi Olemann in January 2019, Myelin Foundry aims to transform human experiences and industry outcomes, by building AI algorithms on video, voice, and sensor data, for edge devices. Myelin’s first product in the market, Fovea Stream, enables HD viewing with SD transmission.
“Myelin has developed global leading products and capabilities in Edge AI. We look forward to partnering with BNV and accessing the Japanese ecosystem,” said Katragadda, also the chief executive officer of Myelin. “I am also happy to see the confidence of our seed round investors, as they continue to support our journey. ....

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Fitness RIng Maker Oura Raises $100M | SGB Media Online


Oura Health, the health tech company behind Oura Ring, has completed a Series C funding round totaling $100 million.
The round was led by Chernin Group and Elysian Park, the investment arm of the L.A. Dodgers, and included new investors Temasek, JAZZ Venture Partners and Eisai. Returning backers Forerunner Ventures, Square, MSD Capital, Marc Benioff, Lifeline Ventures, Metaplanet Holdings and Next Ventures also participated in the round.
Launched out of Finland by founders Petteri Lahtela, Kari Kivel and Markku Koskela, Oura rolled out its sleep tracking smart ring in 2015. The company, which has its U.S. headquarters in San Francisco, has raised $148.3 million to date. The funding will support R&D (both hardware and software development) and hiring, including additional marketing and customer experience. ....

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Health-tracking ring maker Oura Health lands $100M


Photo by IronHeart/Getty Images
Oura Health, the health tech company behind Oura Ring, has completed a Series C funding round totaling $100 million.
The round was led by the Chernin Group and Elysian Park, the investment arm of the L.A. Dodgers, and included new investors Temasek, JAZZ Venture Partners and Eisai. Returning backers Forerunner Ventures, Square, MSD Capital, Marc Benioff, Lifeline Ventures, Metaplanet Holdings and Next Ventures also participated in the round.
Oura has raised $148.3 million in lifetime fundings after completing rounds in 2016, 2018 and 2020.
WHAT IT DOES
Oura Ring is designed to be worn day and night to track the wearer’s health data at all times. In the day, it records activity, steps, calories and naps, and at night the ring measures heart rate, heart rate variability, body temperature and sleep. ....

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