StartUp Health Insights: Predictive AI Drug Discovery Platform Raises $200M | Week of Aug 22, 2023

Health innovation funding rounds this week also went to startups focused on healthcare benefits, longevity, healthcare robotics, clinical trials, women’s health, and more.

This week’s reported health innovation funding included:

Genesis Therapeutics, a Burlingame, CA-based AI tech company that specializes in medicines for patients with severe diseases, raised $200M co-led by Andreessen Horowitz and an unnamed investor, with participation from Fidelity Management & Research Company, BlackRock, NVentures, T. Rowe Price Associates, Rock Springs Capital, Radical Ventures, and Menlo Ventures. <source>

VBA, a Milwaukee, WI-based provider of cloud-based benefits software for healthcare payers, raised $156M led by Spectrum Equity, with participation from Arthur Ventures. <source>

Viome Life Sciences, a Bellevue, WA-based longevity and preventative healthcare company, raised $86.5M from Khosla Ventures, Bold Capital, WRG Ventures, and others. <source>

Mendaera, a San Mateo, CA-based company that specializes in healthcare robotics, raised $24M led by Lux Capital, with participation from Founders Fund, Operator Partners, and Allen & Company, and others. <source>

Lindus Health, a London, UK-based clinical trials startup, raised $18M led by Creandum, with participation from Peter Thiel, Seedcamp, Hambro Perks, and Amino Collective. <source>

Qualifyze, a Frankfurt, Germany-based company that provides compliance solutions to the pharmaceutical industry, raised $12M from HV Capital, Rheingau Founders , HarbourVest Partners, and H14. <source>

Visana Health, a Minneapolis, MN-based virtual-first comprehensive women’s health clinic, raised $10.1M co-led by Flare Capital Partners and Frist Cressey Ventures, with participation from InHealth Ventures, Oxeon Partners, Pixel Perfect Ventures, Venture Investors, and others. <source>

Venteur, a Berkeley, CA-based startup that offers a service for employees to find more personalized healthcare plans, raised $7.6M led by GSR, with participation from Headwater VC, Revelry Venture Partners, Houghton Street Ventures, Plug and Play, Techstars, CRCM Ventures, and angels. <source>

Longevo, a Miami, FL-based provider of a preventative health, fitness, and wellness platform for individuals and corporations, raised $5.5M led by Grupo Valora, with participation from other investors. <source>

Toothio, a Scottsdale, AZ-based dental staffing tech company, raised $4M led by Craft Ventures, with participation from Burst Capital, Moving Capital, Revere Partners, and Rho Capital Partners. <source>

Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

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StartUp Health Insights: Predictive AI Drug Discovery Platform Raises $200M | Week of Aug 22, 2023 was originally published in StartUp Health on Medium, where people are continuing the conversation by highlighting and responding to this story.

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