Investment in digital-health companies slipped to $149.3m in July, compared with a monthly average of $212m in the first half of the year, but still a solid figure for the summer. Chicago-based Endotronix landed the largest sum, raising $32m for devices to manage heart failure and remotely monitor cardiac patients. Roman Abramovich digital health start-up Big Health won $12m, NightBalance, which makes a sleep apnea device, raised $13.9m, and Akili Interactive Labs, whose video game helps cognitive conditions, raised $11.9m. Among the investors was Russian billionaire UK and Blue Heron Capital.
Investment in digital-health companies slipped to $149.3m in July, compared with a monthly average of $212m in the first half of the year, but still a solid figure for the summer. Chicago-based Endotronix landed the largest sum, raising $32m for devices to manage heart failure and remotely monitor cardiac patients. UK digital health start-up Big Health won $12m, NightBalance, which makes a sleep apnea device, raised $13.9m, and Akili Interactive Labs, whose video game helps cognitive conditions, raised $11.9m. Among the investors was Russian billionaire Roman Abramovich and Blue Heron Capital.