Business

AI-based drug discovery platform Atomic AI, senior lifestyle company Mighty Health, Lithuania-based Oxipit and cybersecurity firm MedCrypt also closed funding rounds.

The cuts affect about 15% of the health data analytics startup's workforce.

Robert Anderson, Jr., CEO of Cyber Defense Labs, on how healthcare organizations protect themselves against cyberattacks, federal technology resources, policy implications and the complexities of cyberinsurance.

Jonathan Norris, managing director for business development in Silicon Valley Bank's healthcare practice, explains why early-stage investments continued last year even as overall funding fell.

CEO of First Choice Health Jaja Okigwe says that risk-based contracts free providers up from billing for services to think about the person's health more comprehensively.

Also, a new AI-powered health supplement app has gone live in South Korea.

The layoffs make up about 6% of the virtual care giant's non-clinician workforce.

The prescription digital therapeutics company will also put non-ADHD products in development on hold to "conserve capital and focus."

Maternity care clinic Oula raised $19.1 million, male fertility startup Posterity Health brought in $7.5 million and AI platform Ferrum Health scooped up $6 million.

The Dallas-based company said the investment brings its valuation to more than $2 billion.