Investing
Also, an Indian startup has raised $1 million in seed funding to develop dental nanorobots.
The funds will be used to enhance its technology, expand its partnership with payers and providers, scale its reach and accelerate clinical research through enrollment support.
The General Catalyst Institute, launched in the U.S. in September, is expanding into India and inviting policymakers and entrepreneurs in the region to collaborate.
According to Bloomberg, the brain-implant chipmaker raised $93 million in funding, increasing the startup's valuation to approximately $500 million.
HATCo will spend a total of $550 million in capital funding to invest in technologies and innovation.
The company will use the funds to expand in Asian and U.S. markets, advance its AI algorithms and grow its workforce.
The company reported a 77% YOY increase in revenue in Q3 2024 and plans to release a generic version of Novo Nordisk's GLP-1 drug on its platform in 2025.
The company offers a marketplace for individuals seeking addiction and mental health treatment. It will use the funds to scale its workforce and expand its reach.
Vineeta Agarwala, general partner at Andreessen Horowitz (a16z) Bio + Health, sat down with MobiHealthNews to discuss knownwell's expansion into Texas.
Maite Malet, Asabys Partners director of investments and corporate development, discusses the Barcelona-based firm’s €180 million ($200 million) raise and its plans invest in 12 to 15 health tech companies to expand from the EU to the U.S.