An artificial intelligence company spun out of Columbus, Ohio-based Nationwide Children's Hospital was acquired by Paradigm, a clinical trial startup that emerged from stealth mode Jan. 27 with $203 million in funding, Columbus Inno reported.
Innovation
The digital health world is constantly changing and investors never know which startup is next to hit unicorn status.
New Hyde Park, N.Y.-based Northwell Health is one of the largest health systems in the country and has made notable investments through its venture capital arm.
Durham, N.C.-Duke Health is creating the Algorithim-Based Clinical Decision Support Oversight Committee to provide guidance and overview of predictive artificial intelligence algorithms in healthcare, WRAL TechWire reported Feb. 2.
New York City-based Weill Cornell Medicine is partnering with life sciences technology company NanoString Technologies to create multicellular, single-cell and sub-cellular datasets and maps of 30 non-diseased organs.
Renton, Wash.-based Providence has a venture capital arm that targets early- to late-stage investments in health IT/digital health/tech-enabled services, medical devices and diagnostics.
Kaiser Permanente Ventures and Cigna Ventures participated in a $34 million funding round for NOCD, a company that offers virtual treatment for obsessive-compulsive disorder.
Medtech startups were among the sectors most affected by the 30 percent fourth-quarter drop in New York City-based startup seed funding rounds, The Wall Street Journal reported Feb. 1.
Aluna, an artificial intelligence-powered lung health platform, raised $15.3 million in a series B financing round.
Rochester, Minn.-based Mayo Clinic has entered into a know-how and stock purchase agreement with digital health company Xsensio to develop wearables for critical care.