Business
The merger with its principal shareholder TPG Capital is expected to close in the second half of 2022.
In February, Ro announced a $150 million fundraise that bumped its valuation to $7 billion.
Also: Fertility startup AiVF scores $25 million, and caregiver financial-support platform Aidaly emerges from stealth with $8.5 million.
SteadyMD announced a $25 million Series B raise in March 2021.
Florence announced it had raised $80 million in its Series C round in May 2021.
Of the 224 companies analyzed, 98 received a clinical robustness score of zero.
Also: Oma Fertility emerges from stealth with $37.5 million in equity and debt financing, and payer data platform Abacus Insights scores $28 million.
The startup's smartphone-administered digital therapeutic for fibromyalgia received FDA Breakthrough Device designation last year.
Also, Nordic nurse-tech pioneer to launch in the UK.
It will use the funds to deepen its presence across Asia.