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The company also announced that it is expanding into the Asia Pacific region.
The company plans to use the new money to expand.
The combined entity now stands as the largest virtual physical therapy technology provider in terms of revenue and customer base, per Physitrack's CEO and cofounder.
This is Olive's third raise in 2020 alone, and now values the AI company at $1.5 billion.
The company plans to use the funds to propel commercialization efforts and add new technology capabilities.
The agency penned a letter to the E.U. Commission explaining what it views as possible issues with the deal.
Butterfly's cash reserve grows while it aims to expand its business. UpHealth, meanwhile, is bringing telehealth, telepsychiatry, digital pharmacy and integrated care management under one roof.
Signify Health says the acquisition will help it expand its value-based care offerings.
A Q4 progress report from CB Insights predicts a drop-off in investment between the quarters, for digital health and the broader healthcare startup ecosystem alike.
Also: Perfood picks up €5 million to launch digital therapeutics, and Quantum Health receives an investment from Warburg Pincus.