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Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028
<p>The digital health startup says it secured the fresh capital to update its valuation and finance acquisitions.</p>
Rahul Patil
Jun 17, 20252 min read
Anne Wojcicki’s nonprofit reaches deal to acquire 23andMe
<p>Beleaguered genetic testing company 23andMe announced Friday that it has reached an agreement to sell itself to TTAM Research Institute, a nonprofit led by the company’s co-founder and former CEO Anne Wojcicki.</p>
Rahul Patil
Jun 14, 20252 min read
23andMe says 15% of customers asked to delete their genetic data since bankruptcy
<p>More than two dozen states have sued 23andMe to block the sale of genetic data without customers’ permission.</p>
Rahul Patil
Jun 11, 20251 min read
Vijay Pande, founding partner of a16z bio and health strategy, steps down
<p>Since its founding in 2014, a16z Bio+ Health has raised four funds of nearly $3 billion each, including a $1.5 billion fund that closed in 2022.</p>
Rahul Patil
Jun 10, 20251 min read
Omada Health IPO signals healthier market, avoids ‘down-round’ trend
<p>Omada Health popped in its first day as a public company, validation for founder CEO Sean Duffy.</p>
Rahul Patil
Jun 6, 20252 min read
Colossal Labs will release the sounds of dire wolves howling ‘later this year,’ founder says
<p>The company is working on a bio-acoustic project, which will map out the different types of dire wolf howls. </p>
Rahul Patil
Jun 3, 20253 min read
Elon Musk’s Neuralink closes a $650M Series E
<p>Elon Musk’s brain computer interface startup Neuralink closed a $650 million funding round, the company announced in a blog post on Monday. The Series E fundraise included investors such as ARK Invest, Founders Fund, Sequoia Capital, and Thrive Capital, among others. Neuralink last raised a $280 million Series D funding round in 2023, with an […]</p>
Rahul Patil
Jun 2, 20251 min read
Hinge Health pops 17%, but joins growing ranks of down-round IPOs
<p>Hinge Health, a digital physical therapy company, closed its first day of trading on the New York Stock Exchange on Thursday at $37.56, up about 17% over the $32 IPO price it set the previous day. That’s a good first-day result. But even with the pop, Hinge’s public valuation is significantly less than its last […]</p>
Rahul Patil
May 22, 20252 min read
Sprinter Health raises $55M to expand its at-home healthcare service
<p>The Series B was led by General Catalyst, with Andreessen Horowitz, Regents of the University of California, Google Ventures, and Accel also investing.</p>
Rahul Patil
May 15, 20252 min read
Fieldstone Bio is building microbes that can sense everything from TNT to arsenic
<p>Fieldstone Bio recently raised $5 million in seed funding.</p>
Rahul Patil
May 15, 20253 min read
Radiologists aren’t going anywhere
<p>Nine years ago, AI pioneer Geoffrey Hinton sent shock waves through medicine by declaring it “just completely obvious” that AI would make radiologists extinct in short order. Fast-forward and the specialists — who do more than analyze images — are thriving, observes The New York Times. In fact, the field is experiencing explosive growth amid […]</p>
Rahul Patil
May 14, 20251 min read
23andMe customers notified of bankruptcy and potential claims — deadline to file is July 14
<p>23andMe, the genetic testing giant once valued in the billions, is now navigating Chapter 11 bankruptcy and notifying millions of current and former customers that they may be eligible to file claims as part of the restructuring process. The company and 11 of its subsidiaries, including Lemonaid Health and LPRXOne, filed for bankruptcy protection on […]</p>
Rahul Patil
May 11, 20252 min read
Fitness tracker Whoop faces unhappy customers over upgrade policy
<p>Whoop has backed down, somewhat, from the controversial upgrade plans around its Whoop 5.0 fitness tracker. When the company first announced Whoop 5.0 this week, it said members who wanted the new device could either extend their subscriptions by 12 months or pay a one-time upgrade fee of $49 ($79 for the model with EKG […]</p>
Rahul Patil
May 11, 20252 min read
Elizabeth Holmes’ partner reportedly fundraising for new blood-testing startup
<p>Billy Evans, partner of Theranos founder Elizabeth Holmes, is working on a new startup that seeks to deliver “human health optimization” through blood testing, according to The New York Times. The Times reportedly spoke to two investors pitched on the startup, called Haemanthus, and also viewed some of Haemanthus’ marketing materials. In those materials, the […]</p>
Rahul Patil
May 10, 20251 min read
Serena-backed health tech lands first FDA approval for home cervical cancer test
<p>For the first time, the FDA has just approved a device that lets people screen for cervical cancer from home. Known as the Teal Wand, from the company Teal Health, the prescription device lets patients self-collect samples and mail them to a lab to receive the same testing as would be done at a doctor’s […]</p>
Rahul Patil
May 9, 20251 min read
Why Hims & Hers turned to the autonomous vehicle industry to find an AI-savvy CTO
<p>Hims & Hers, the telehealth and wellness company, has hired a veteran of the autonomous vehicle industry as its next chief technology officer. The move, according to Hims & Hers co-founder and CEO Andrew Dudum, was intentional. Hims & Hers on Thursday said its next CTO would be Mo Elshenawy, the former president and CTO […]</p>
Rahul Patil
May 8, 20253 min read
OpenAI and the FDA are reportedly discussing AI for drug evaluations
<p>OpenAI has met with officials from the U.S. Food and Drug Administration (FDA) to discuss the agency’s use of AI to speed up drug evaluations, Wired reported on Wednesday. According to the report, OpenAI and the FDA have discussed a project called cderGPT, which seems to be an AI tool for the Center for Drug […]</p>
Rahul Patil
May 7, 20251 min read
FutureHouse previews an AI tool for ‘data-driven’ biology discovery
<p>FutureHouse, an Eric Schmidt-backed nonprofit that aims to build an “AI scientist” within the next decade, has released a new tool that it claims can help support “data-driven discovery” in biology. The new tool comes just a week after FutureHouse launched its API and platform. The tool, called Finch, takes in biology data (primarily in the […]</p>
Rahul Patil
May 6, 20252 min read
People struggle to get useful health advice from chatbots, study finds
<p>With long waiting lists and rising costs in overburdened healthcare systems, many people are turning to AI-powered chatbots like ChatGPT for medical self-diagnosis. About one in six American adults already use chatbots for health advice at least monthly, according to one recent survey. But placing too much trust in chatbots’ outputs can be risky, in […]</p>
Rahul Patil
May 5, 20252 min read


IXI raises $36.5M from Amazon and others to bring autofocus to prescription glasses
<p>Blink and you’ll miss it: A startup out of Finland is taking a new look at the market for prescription eyewear. Tapping into innovations in eye-tracking and liquid crystal lens technology, IXI is building low-power glasses that will invisibly and automatically adjust to account for a wearer’s presbyopia (far-sightedness). Four years into its life, Helsinki-based […]</p>
Rahul Patil
Apr 29, 20256 min read
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