Robots Lead Digital Health Fundings

Lausanne-based company Distalmotion , founded 11 years ago, has developed the minimally invasive "Dexter" robot that is presently used for daily procedures in gynecology, urology, and general surgery in Europe. However, it is yet to receive FDA approval in the United States. The company has raised $150 million in funding from its earlier backers, including Revival Healthcare Capital . #robots #robotics

Noah Medical , a San Carlos, California-based startup established five years ago, has developed a single-use, disposable bronchoscope that features four-way articulation to facilitate navigation to "even the most peripheral lesions." The company recently raised a $150 million Series B funding round co-led by SoftBank Group Corp. and Prosperity7 Ventures , with participation from Tiger Global Management and previous investors Hillhouse Investment , Sequoia China, ShangBay Capital , UpHonest Capital , AirLife Capital, LYFE Capital , 1955 Capital , and AME Cloud Ventures .

Abdera Therapeutics , a Menlo Park, California-based startup founded three years ago, is working on the development of targeted radiation drugs capable of focusing on specific tumor proteins. The company recently secured a $110 million Series B funding round led by venBio Partners, with participation from Versant Ventures , Viking Global Investors , Amplitude Ventures , Northview Ventures, adMare BioInnovations , and AbCellera . In total, the company has raised $148.3 million.

Enveda , a Boulder, Colorado-based startup established four years ago, has secured an additional $51 million to supplement the $68 million Series B funding it announced in December. The funding round was led by Kinnevik , with participation from Henry Kravis and existing investors FPV , True Ventures , Dimension , and Wireframe Ventures . Enveda Biosciences has now raised a total of $174.9 million for its platform, which assists researchers in discovering new drugs through the analysis of plants. #drugdiscovery #drugdevelopment

Chiefy , a New York-based startup founded two years ago, has secured $4.2 million in seed funding for its collaboration software designed to assist surgeons, anesthesiologists, nurses, and other surgical team members in organizing pre-operative huddles, checklists, surgical protocols, debriefings, and feedback loops. LionBird led the funding round, with participation from Nina Capital and Emerge Ventures .

Funds

A #healthcare investor based in Utrecht, Gilde Healthcare , has raised €600 million in capital commitments for its sixth venture fund. Notably, the company has amassed a total of €1.5 billion in capital over the past three years.

Former Kleiner Perkins investor Lynn Chou O'Keefe established Define Ventures five years ago to invest in early-stage #digitalhealth #startups. The Bay Area-based firm has now raised $460 million in capital commitments across two funds, bringing its assets under management to $800 million.