Business
Also: Koda Health scoops up $3.5 million, and Wavely Diagnostics raises $2 million.
The connected fitness company will also stop developing a manufacturing site and cut its warehousing and logistics operations.
Digestive surgery could be transformed with a new medical device called ‘Colovac’ from French innovator.
Also: Emerging market-focused Reliance Health raises $40 million, insomnia startup Dawn Health rakes in a $1.8 million pre-seed and birth control startup Twentyeight Health adds more Spanish language support.
The company plans to use the new funding to grow its platform and build its science team.
The company helps patients find clinical trials and works with pharma companies to limit barriers to enrollment.
Last year, digital musculoskeletal care and physical therapy companies raked in plenty of investor dollars. Startups say the expensive MSK health sector is ripe for innovation.
Plus, PrecisionLife announces first close of Series A financing to progress drug discovery.
German digital health company Temedica aims to provide new healthcare insights from wearables and apps.
Also: Getlabs rakes in $20 million and Formus announces a $5 million funding round.