AI digital therapeutics startup Biofourmis raises $35M in Series B funding

Biofourmis, a startup producing artificial intelligence-powered health management solutions, announced May 21 that it has closed a $35 million Series B funding round and will be moving its headquarters from Singapore to Boston.

The funding round was led by Sequoia Capital's Sequoia India and MassMutual Ventures, with additional funding from Openspace Ventures, Aviva Ventures, SGInnovate, Chinese online healthcare platform Jianke and the investment arm of the Singapore government's Economic Development Board.

Biofourmis combines AI, a patient-facing mobile app and FDA-approved wearable biosensors to ensure adherence to medication regimens, suggest therapeutic interventions and predict and prevent adverse reactions. The platform and pipeline have so far been optimized for patients with complex chronic conditions such as heart failure, acute coronary syndrome, chronic obstructive pulmonary disease and chronic pain.

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