Business

Also: German startup Wellster Healthtech brings its Series B raise to $60 million, Faeth Therapeutics scoops up $20 million and Yuvo Health announces a $7.3 million seed round.

The startup leverages blockchain and FHIR technologies to allow for secure data exchange between healthcare organizations.

The class action lawsuit alleges a proxy statement provided to investors before the merger misrepresented the company's financial performance and prospects.

Also: AI-enabled documentation tool DeepScribe raises $30 million, cancer risk stratification platform PreciseDx scores $10.75 million and care navigation startup HeyRenee brought in $4.4 million.

The company also unveiled its 2021 revenue. 

Health tech companies raised nearly $40 billion last year, according to Silicon Valley Bank's Healthcare Investments and Exits Report. IPOs were also up, but those companies didn't fare as well in the public markets.

Also, Tech accelerator calls for gut health startups in the EMEA region

Also: Diana Health raises $11 million for its maternity care tool. 

Glooko CEO Russ Johannesson predicts that the growth in digital health funding will continue this year, and that the push toward interoperability will be critical for the space.

Headspace said the deal will improve its ability to personalize users' experiences.