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The company says it wants to build a system that generates more drug candidates with fewer experiments in less time.
Along with funds announced a few months back, this brings the round's total to $20.8 million.
The acquisition deal is worth $300 million, per CNBC.
Also: Senior leadership hires at HealthHero and Fern Health.
The round was led by Costanoa Ventures and Spark Capital with participation from Homebrew, Fika Ventures, Precursor Ventures, Core Innovation Capital, Garuda Ventures and Webb Investment Network.
Willow also reported a 140% increase in revenue growth year-over-year from 2018 to 2019, supported by a 120% growth in its mom user base YoY.
With this financial support, Freeletics plans to develop new technologies, expand into new markets – especially in the U.S. – and create new business verticals.
The Florida startup connects college and nursing students with seniors who need help with tasks or someone to talk to.
At Rock Health's annual summit, a group of panelists discusses the importance of using inclusive language in digital health companies.
Earlier this summer, the company announced plans to expand into new markets in 2021 and to add small-business plans in certain areas.