Business
This comes roughly a year after Walgreens pledged to invest $1 billion in equity and convertible debt in VillageMD over a three-year time frame.
Also: Pre-conception genetic-testing startup Orchid completes seed round, and Canvas Medical scores $17M for its physician practice platform.
Funding will be used to gain in-human data for startup’s OxiFlow brain haemorrhage solution.
The manufacturer of the electronic artificial urinary sphincter aims to develop its device for treating urinary incontinence.
Watertown, Massachusetts-based Firefly Health has closed its $40 million Series B funding round, led by Andreessen Horowitz.
This comes just a week after news broke that Bright Health plans IPO.
The deal is expected to close this summer, subject to stockholder approval, and will raise $113 million for the combined company.
The company designed a tool to automate bills and give patients additional insights to their charges.
The funds will be used to develop the firm’s non-invasive blood sensing technology.
Rock Health reports $6.7 billion in digital health funding in Q1, a majority of which comes from rounds worth more than $100 million.