Finance
The care delivery enablement platform scored $8 million and now has a foothold in New Jersey, Pennsylvania, Texas, Florida and Maryland.
Finalization of the deal is contingent upon approvals by state and regulatory authorities.
Anca del Rio, a Basel health tech arena leader, relays her experience as a judge at the Startup PitchFest at HIMSS23 Europe, and the factors startups need to possess to go to market and scale successfully, including attraction capital.
It was initially launched to help dispel the infodemic that ensued during the recent pandemic.
Filipe Santos Costa, CEO and chairman of Portugal's international trade and investment agency AICEP, discusses trade and investments in healthcare in the country and its work with HIMSS to promote Portuguese healthcare services abroad.
The deal comes less than a month after the company's plan to combine with digital neurotherapy company MindMaze fell through.
The raise brings the healthcare-focused firm's total committed capital to more than $1 billion.
The company's portable, battery-operated and Bluetooth-connected device with RPM capabilities enables patients to complete respiratory treatments from anywhere.
The company's revenue increased in Q2 of this year to $13.1 million compared to $10.7 million in the first quarter – still below the $18.3 million reported in Q2 2022.
The company also announced its intentions to seek FDA approval for EndeavorOTC, its over-the-counter product for adults with ADHD.