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Biotechnology North America Pet Veterinary

Loyal raises $27M, aims to give dog owners more time with their pets

- San Francisco startup Loyal raised $27m in Series A funding. - The round was led by Khosla Ventures and included First Round Capital, Box Group, Collaborative Fund, The Longevity Fund and Lachy Groom. - The company is building an animal pharmaceutical company that is developing therapeutics aimed at extending both lifespan and healthspan for dogs.

Biotechnology Developer APIs North America Robotics

Opentrons Raises $200M in Series C Funding

- Opentrons Labworks Inc. is a NYC-based lab platform provider. - SoftBank Vision Fund 2 led the round with participation by Khosla Ventures. - The company intends to use the funds to further invest in its automated lab platform globally.

Artificial Intelligence Call Center Customer Service Enterprise Software Machine Learning Software Western Europe

AI-driven voice assistant PolyAI raises $14M round led by Khosla Ventures

– PolyAI, a voice assistant company, raised $15m funding.
– The round was led by Silicon Valley’s Khosla Ventures, and joined by Point72 Ventures, Amadeus Capital, Sands Capital Ventures, Passion Capital and Entrepreneur First.
– It brings PolyAI to a valuation of $100m.
– PolyAI claims its voice assistant can be turned live more quickly, in more languages, and charges on a per-minute basis.

Analytics Big Data Cloud Data Services Database Enterprise Software North America Software

SingleStore Fuels Triple-Digit Cloud Growth with $80M in New Funding

– SingleStore, the single database for all data-intensive applications, announced that it has raised $80m in its Series F round.
– The round was led by Insight Partners with participation from new investor Hewlett Packard Enterprise.
– Existing investors Khosla Ventures, Dell Technologies Capital, Rev IV, Glynn Capital, and Google Ventures also participated.
– SingleStore indicated that the 300%+ increase in new customer acquisition for its cloud service and 150%+ year-over-year growth in cloud revenue led to raising a new round to continue to power innovation and growth.
– The Series F round brings SingleStore’s total funding to $264m.

Developer APIs Enterprise Software Human Resources Information Services Internet Legal Legal Tech North America Software

Checkr Raises $250M in Series E Funding

– Checkr is a San Francisco CA-based HR technology company.
– Company raised $250m in Series E funding, valuing it at $4.6b.
– The round was led by Durable Capital, Fidelity Management & Research Company LLC and Franklin Templeton with participation from BOND Capital, Khosla Ventures, IVP, T. Rowe Price, Coatue, Accel and Y Combinator.
– The new investment will be used to expand operations and business reach.

Fitness Health Care Information Technology North America Software

Ellipsis Health Raises $26M in Series A Funding

– Ellipsis Health is a San Francisco, CA-based developer of a voice vital sign to quantify and manage depression and anxiety at scale.
– The company raised $26m in Series A funding.
– The round was led by SJF Ventures with participation from AblePartners, Akhil Paul at Caparo Group, Alumni Ventures, Divesh Makan, Gaingels, Gary Loveman, Generator Ventures, Greycroft, Helmy Eltoukhy, Joanne Bradford, Khosla Ventures, Luminous Ventures, Marc Benioff’s TIME Ventures, Richard Socher, Ricardo Villela Marino, SpringTide Ventures, and What If Ventures.
– The company intends to use the funds to continue to grow its customer base, expand global partnerships, build a multidisciplinary team, research, and develop new voice-based technology, expand its voice vital sign to address the mental health of children and adolescents.

Consumer Electronics Health Care North America Product Design Wellness

Eight Sleep Raises $86M Series C to Scale Sleep Fitness Movement

– Eight Sleep, the world’s first sleep fitness company, announced it has closed $86M in Series C funding led by Valor Equity Partners, with participation from other funds, including SoftBank, Khosla Ventures, Founders Fund, and General Catalyst.
– Antonio Gracias, Valor’s Founder, CEO, and CIO, joined the Eight Sleep Board. Mr. Gracias sits on the boards of Tesla, SpaceX, and K Health and has led investments in other highly disruptive companies, including Bird, Reddit, and Uber.

Biotechnology Health Care Life Science Medical North America

Known Medicine Raises $7.2M in Seed Funding

– Known Medicine is a Salt Lake City, Utah-based 3D cell culture data set company.
– The company raised $7.2M in seed funding.
– The round was led by Caffeinated Capital, with participation from Khosla Ventures, Cota Capital, Kickstart, Forward VC, OATV, Y Combinator, Chris Gibson and Nish Bhat.
– The new investment will be used to grow the company’s proprietary 3D cell culture data set for deployment in partnership with biopharmaceutical companies and in the clinical diagnostics space.

CleanTech Energy Machine Learning North America Power Grid Software Sustainability

Gaiascope Raises $2M in Seed Funding

– Gaiascope is a Boston MA-based wholesale electricity price forecasting company.
– Company raised $2M in seed funding.
– The round was led by VoLo Earth Ventures with participation from Khosla Ventures and Y-Combinator.
– The new investment will be used to expand the company’s business reach.

E-Learning EdTech Education North America Software

Kiddom Raises $35M in Series C Funding

– Kiddom is a San Francisco, CA-based education platform.
– The company raised $35M in Series C funding.
– The round was led by Altos Ventures, with participation from Owl Ventures, Khosla Ventures and Outcomes Collective.
– The new investment will be used to scale product development.

3D Printing Computer Manufacturing North America Robotics Software

AREVO Raises $25M Series B Funding

– AREVO, an advanced manufacturing technology company, has recently closed a $25M round of financing.
– The round led by Khosla Ventures with new participation from Founders Fund. Other investors include GGVC, Alabaster and Defy.
– The center hosts a range of production systems, including 70 shipping container-sized Aqua 2 systems, the world’s first high speed additive manufacturing system for continuous carbon fiber composite structures, and a growing variety of post-processing capabilities.

Biotechnology Health Care Health Diagnostics Medical Device North America

Encellin Closes $5.9M Seed Financing Co-Led by Khosla Ventures and SV Latam Capital

– Encellin closed a $5.9M Seed financing round.
– The round was co-led by Khosla Ventures and SV Latam Capital, with participation from Sandhill Angels and Y Combinator.
– The new funding will be used to advance development of its technology platform and programs in hypoglycemia and hypocalcemia.
– Encellin will also expand into areas with readily available renewable cell sources and engineered cells, to encapsulate any cellular cargo in products from its proprietary platform.
– Encellin builds implantable “cell pouches” to treat chronic diseases.
– The company’s technology combines ad novel cell encapsulation technology with functional cell therapies to treat chronic diseases, starting with endocrine disorders.

FinTech Freelance Health Insurance Insurance North America Personal Finance Retirement Wealth Management

Catch takes hold of $12M to provide benefits that aren’t tied to employers

– Catch, a health insurance and retirement savings company, raised $12m in Series A funding.
– The round was led by Crosslink and joined by earlier investors Khosla Ventures, NYCA Partners, Kindred Ventures and Urban Innovation Fund.
– The company plans to use the funding to increase its headcount to service those partnerships and go after more.

Human Resources Local North America Professional Services Small and Medium Businesses Software

Homebase Announces $71 Million in Series C Funding

– Homebase announced its $71m Series C funding round to expand its products and services.
– With $109m in total funding to date, Homebase is also launching new innovative tools for HR and payroll that broaden its offering for small business owners and accelerate the company’s growth and expansion.
– This funding round was led by new investor, GGV Capital, and includes existing investors Bain Capital Ventures, Baseline Ventures, Bedrock Capital, Cowboy Ventures, and Khosla Ventures, and additional investor PLUS Capital.

Health Care Medical Medical Device North America

Former Iora Health execs raise $13M to guide seniors through Medicare enrollment

– Connie Health, a Medicare concierge service, raised $13m in Series A funding.
– The round was led by Khosla Ventures and Pitango Healthtech.
– It brings the company to a total of $16m in funding.
– With 55 million Medicare consumers benefiting from major innovation in Medicare Advantage and value-based care, Samir Kaul, founding general partner at Khosla Ventures, saw a large market that was being disrupted by Connie Health.
– The company’s three co-founders, Oded Eran, CEO, David Luna, chief revenue officer, and Michael Scopa, chief growth officer, saw this problem firsthand as executives at primary care company Iora Health, which is being acquired by OneMedical for $2.1 billion.

Health Care North America

Connie Health Raises Additional $13M in Series A Funding

– Connie Health from Boston, MA provides tech-enabled consumer Medicare navigation platform.
– Company raised $13m in Series A funding.
– The round was led by Khosla Ventures and Pittango Healthtech.
– The new investment will be used to improve recommendation technology, expand local agent network in Arizona and Texas, launch in Illinois in 2021 and accelerate national expansion throughout 2022.

Artificial Intelligence Biotechnology Genetics North America Therapeutics

Deep Genomics Raises $180M in Series C Financing

– Deep Genomics announced the closing of a $180m Series C financing round.
– The round was led by SoftBank Vision Fund 2 and includes participation from new investors, Canadian Pension Plan Investment Board, Fidelity Management & Research Company, Alexandria Venture Investments, and existing investors Amplitude Ventures, Khosla Ventures, Magnetic Ventures, and True Ventures.
– Deep Genomics uses AI and machine learning to program and prioritize transformational RNA therapeutics for genetic diseases.
– The company has leveraged its strategic geographical advantage by combining its teams in Toronto, the birthplace of deep learning and the fastest growing technology hub in North America, with the Boston-Cambridge biotechnology hub, by hiring Jeffrey Brown, PhD, as VP of Preclinical Research, Ferdinand Massari, MD, as Chief Medical Officer, and Amanda Kay, PhD, as Chief Business Officer.

Cyber Security Insurance InsurTech North America

Cyber Insurance Startup At-Bay Closes $185 Million Series D, Valuing Company at $1.35 Billion

– At-Bay announced the closing of a $185m Series D financing round.
– The new funding was co-led by Icon Ventures and Lightspeed Venture Partners, with participation from existing investors including Khosla Ventures, M12, Acrew Capital, Qumra Capital, Munich Re Ventures, entrepreneur Shlomo Kramer, and Glilot Capital.
– At-Bay’s post-money valuation now sits at $1.35b.
– Preeti Rathi, General Partner at Icon Ventures, has joined At-Bay’s Board of Directors in conjunction with the financing.
– At-Bay recently surpassed $160m in annual recurring revenue on 800% year-over-year premium growth.

Biotechnology Medical North America

IgGenix Announces $25M in Series A1 Funding

– IgGenix, Inc., a biotechnology company taking a revolutionary approach to directly address allergic disease, announced that it has raised $25m in an oversubscribed Series A1 financing.
Khosla Ventures, which participated in IgGenix’s Series A funding in 2020, co-led the round along with Matthias Westman, a leading biotech investor and founding partner of Prosperity Capital Management.
– New investors include Alexandria Venture Investments, ShangBay Capital and AllerFund, the first and only venture capital firm focused on social impact in the food allergy space.
– With proceeds from the financing, IgGenix will further expand its discovery platform in food and nonfood allergies while accelerating its lead program into preclinical development.
– IgGenix was co-founded by Stephen Quake, D.Phil.; Kari Nadeau, M.

Health Care Hospital South Asia

Khosla Ventures leads Even’s $5M seed to give India the kind of healthcare their insurance doesn’t

– Even, a healthcare membership company, raised $5m in seed funding.
– The round was led by Khosla Ventures, with participation from Founders Fund, Lachy Groom and a group of individuals including Palo Alto Networks CEO Nikesh Arora, CRED CEO Kunal Shah, Zerodha founder Nithin Kamath and DST Global partner Tom Stafford.
– The company aims to cover what most insurance companies in the country don’t, including making going to a primary care doctor as easy and accessible as it is in other countries.

Apps Fitness Health Care mHealth South Asia

Fitness app HealthifyMe to expand worldwide after raising $75M Series C from LeapFrog and Khosla Ventures

– HealthifyMe, a fitness app, raised $75m in Series C funding.
– The round was led by LeapFrog and Khosla Ventures, and joined by Unilever Ventures, Elm and Healthquad.
– The company plans to grow its user base in India, Southeast Asia and North America.

InsurTech North America Property Management Real Estate Software

JLL, Khosla lead Jones’ $12.5M Series A for real estate vendor compliance

– Jones, a commercial real estate startup, raised $12.5m in Series A funding.
– The round was led by JLL Spark and Khosla Ventures that also included strategic investors Camber Creek, Rudin Management, DivcoWest and Sage Realty.
– The company also manages certifications and approvals, moving the whole process online.
– Its technology can process an insurance certificate in less than an hour and reduce the overall vendor approval time to 2.5 days — from 12 days — with 99.9% accuracy.

Computer North America Software

Former Nutanix execs launch new startup with $50M seed round

– DevRev, a software company from two former Nutanix executives, emerged from stealth with a $50m seed round from Mayfield Fund, Khosla Ventures and several industry luminaries.
– The company aims to bring the coding and revenue processes closer together.
– It’s not every day you see a $50m seed round, but perhaps the fact that former Nutanix co-founder and CEO Dheeraj Pandey and his former SVP of engineering Manoj Agarwal are involved, could help explain the investor enthusiasm for the new project.
– The company intends to build an API to help developers pull this information from existing systems for companies already working with a CRM tool like Salesforce, while helping gather that customer information for younger companies who might lack a tool.

Insurance Internet North America

Miami twins raise $18M for Lula, an insurance infrastructure upstart

– Lula, a Miami-based insurance infrastructure startup, announced it has raised $18m in a Series A round of funding.
– The round was led by Founders Fund and Khosla Ventures co-led the round, which also included participation from SoftBank, hedge fund manager Bill Ackman, Shrug Capital, Steve Pagliuca (Bain Capital co-chairman and Boston Celtics owner), Tiny Capital’s Andrew Wilkinson. Existing backers such as Nextview Ventures and Florida Funders also invested, in addition to a number of insurance and logistics groups such as Flexport.
– The startup’s self-proclaimed mission is to provide companies of all sizes — from startups to multinational corporations — with insurance infrastructure. Think of it as a “Stripe for insurance,” its founders say.

Health Care Medical North America Personal Health Therapeutics Wellness

Sword Health Raises $85M in Series C Funding

– Sword Health, a New York-based virtual musculoskeletal care provider, raised $85M in Series C funding.
– The round was led by General Catalyst with participation from Bond, Highmark Ventures, and BPEA, along with returning investors Khosla Ventures, Founders Fund, Transformation Capital, and Green Innovations.
– The company intends to use the funds to build the MSK platform that leverages its virtual physical therapy program to drive cost savings to payors, employers and providers.

Biotechnology Genetics Health Care Market Research North America Therapeutics

Apton Biosystems Raises $24M in Series A Financing

– Apton Biosystems, Inc. from Pleasanton, CA develops Super-Res sequencing and single-molecule detection systems for large-scale clinical applications such as early cancer detection and population sequencing.
– The company closed a $24m Series A financing.
– The round was led by Kern Capital with participation by new and existing investors including Casdin Capital and Khosla Ventures.
– The company intends to use the funds to continue developing its Super-Res sequencing and single-molecule proteomics detection systems.

Construction North America

Fortera Closes $30M in Series B Funding Round

– Fortera is a materials technology company based in Campbell, CA.
– The company closed a $30m Series B funding round.
– The round was co-led by Temasek and Khosla Ventures.
– The new investment will be used to continue the development and launch of its low carbon cement.

North America Online Portals Property Management Rental Property

Lessen Raises $35M in Series A Funding

– Lessen is a Scottsdale-based marketplace platform that unites property owners and service professionals to deliver property services.
– The company closed a $35m Series A funding round.
– The round was led by Fifth Wall, with participation from Khosla Ventures, General Catalyst and Navitas Capital.
– The new investment will be used to develop new technology products, new field operations teams, and market expansion.

Information Technology North America

Lexion raises $11M to expand its AI-powered contract management platform

– Lexion, a platform leveraging AI to streamline legal contract workloads, announced that it closed an $11 million series A funding round led by Khosla Ventures with participation from Madrona Venture Group and Wilson Sonsini.
– The capital brings the company’s total raised to $15.2 million to date, and cofounder and CEO Gaurav Oberoi says that it’ll be used to support the development of a workflow module designed to help legal teams manage contract intake, negotiations, approvals, and signatures.
– According to Gartner, legal departments will increase their technology spend 300% by 2025, and yet will only realize 30% of the benefit of their contract lifecycle management (CLM) software because of complexities with requirements gathering, change management, and user adoption.

Analytics Big Data Data Visualization Enterprise Software North America Open Source

Imply Closes $70 Million Series C at $700M Valuation to Extend Leadership as Foundational Platform for Analytics-in-Motion

– Imply, the pioneer of Analytics-in-Motion, and founded by the original creators of Apache Druid, announced the closing of a $70m Series C led by Bessemer Venture Partners with participation from Tiger Global Management, bringing total funding to over $116m.
– Existing investors A16Z, Khosla Ventures and Geodesic Capital also participated in this round.
– This additional funding follows a banner year for Imply, growing market adoption of both Imply and open source Apache Druid.
– Imply has now surpassed 100 enterprise and digital-native customers, using Imply as the engine for analytics-powered applications that they build, and/or as a complete solution to directly solve internal BI and operational analytics use cases.

Biopharma Biotechnology Health Care Therapeutics Western Europe

Ochre Bio Closes $9.6M Seed Financing Led by Khosla Ventures

– Ochre Bio, a biotech company developing RNA medicines for chronic liver diseases, announced the closing of a $9.6M seed financing round led by Khosla Ventures, with participation from Backed VC, Apollo Health Ventures, Selvedge, Hoxton and Hermes-Epitek.
– The funding will be used to advance the development of Ochre Bio’s RNA therapies and expand their deep phenotyping platform to identify and validate new liver targets.
– Using deep phenotyping (‘phenomics’), the company digitizes liver biology at scale, from healthy through to advanced liver disease.
– Ochre Bio has already generated massive amounts of spatial genomics data from freshly donated human livers, and have uncovered hundreds of novel potential liver targets that are currently being validated in their labs.

Manufacturing Marketing Medical Device North America

Synchron Raises $40M in Series B Funding

– Synchron, a New York-based company developer of brain interface platforms, raised $40M in series B funding.
– The round was led by Khosla Ventures with participation from Forepont Capital Partners, ID8 Investments, Shanda Group, General Advance, Subversive Capital (Michael Auerbach), re.Mind Capital (Christian Angermayer), as well as individuals Arani Bose (Penumbra) and Thomas Reardon and existing investors NeuroTechnology Investors, METIS innovative, and the University of Melbourne.
– The company intends to use the funds to launch U.S. clinical trials of minimally invasive brain computer interface following the conduction of human trials in Australia.

Biotechnology North America

Overture Life Raises $15M in Series B Funding

– Overture Life from Madrid develops automated IVF process to lower costs and increase throughput for IVF practitioners.
– Series B $15m round brings total funding to $37m.
– The round was led by Octopus Ventures, with participation from GV, as well as existing investors Khosla Ventures, Felicis Ventures, and Marc Benioff.
– The new investment will be used to increase operations in Europe and the US and begin commercialization of its first products.

Fitness Health Care Medical mHealth North America Wellness

Hello Heart Completes $45M Series C

– Hello Heart, a heart health digital therapeutics solution, has completed a $45m Series C led by IVP.
– Hello Heart’s existing investors, including Khosla Ventures, BlueRun Ventures, Maven Ventures, and Resolute Ventures also participated in the round.
– Hello Heart’s mission is to empower people to manage and improve their heart health using digital technology.

Artificial Intelligence Enterprise Software Health Care Information Technology Medical Device North America

Docbot Closes Series A Financing Led by Khosla Ventures and Appoints Andrew J. Ritter as CEO

– Docbot, Inc., an artificial intelligence (AI) technology company focusing on gastrointestinal (GI) disease, announced the closing of a Series A round.
– In conjunction with the financing, the company has appointed Andrew J. Ritter as CEO.
– Andrew has over 16 years of experience in GI disease and earned an MBA from the Wharton School at the University of Pennsylvania.
– Docbot’s founding CEO, Andrew Ninh, continues as Chief Strategic Officer and will lead business development, strategic partnerships and innovation.
– The Company closed a $4M Series A led by Khosla Ventures, with participation by Bold Capital Partners, Collaborative Fund and Boutique Venture Partners, bringing the total amount raised to $8.5 million since inception.

Enterprise Software Meeting Software Messaging North America SaaS Software puts $14M into its AI videoconferencing assistant

– Fireflies, an AI voice assistant that joins videoconferencing meetings to take notes, announced that it raised $14 million in series A funding led by Khosla Ventures, with participation from Canaan Partners and angel backers.
– It plans to use the proceeds to expand its platform and acquire new customers, as well as to grow the size of Fireflies’ workforce.
– Remote work is on the rise. With the need to manage distributed workforces, organizations have ramped up their usage of videoconferencing platforms. Global Market Insights predicts that the videoconferencing market will grow 19% between 2020 and 2026, reaching $50 billion in value by 2026. Zoom alone now hosts 45 billion minutes of webinars a year.

Digital Marketing E-Commerce Information Technology Marketplace North America

Heyday Closes $70M in Series B Funding

– Heyday is a San Francisco CA-based eCommerce brand building company.
– The company raised $70M in Series B funding.
– The round was led by General Catalyst with participation from Khosla Ventures and Arbor Ventures.
– The new investment will be used to expand operations and business reach.

Health Care Medical North America

Rightway Raises $100M at $1.1B Valuation to Continue Redefining the Member Experience through Better Care Navigation and a New-To-The-World PBM

– Rightway has raised $100m in Series C financing at a valuation of $1.1B.
– The round was led by Khosla Ventures, with participation from Thrive Capital, Tiger Global Management, and other existing investors.
– Rightway’s robust product development, its growth to serve over 500k members across 850 clients, and a 250% increase in headcount position the company to bring a new level of transformation to the ailing healthcare landscape.
– The funding will be used to rapidly expand Rightway’s footprint in the employer market and accelerate its advancement across health plans, third-party administrators and other strategic channels.

Alternative Medicine Artificial Intelligence Biotechnology Health Care Health Diagnostics North America

Scipher Medicine Raises $82M in Series C Funding

– Scipher Medicine completed an $82m Series C funding.
– The round was led by aMoon and Northpond Ventures, with participation from Echo Health Ventures and existing investors, Khosla Ventures and Alumni Ventures.
– The new funding will be used to expand commercial efforts for its patient molecular signature test, PrismRA.

Health Care mHealth North America Wellness

Ginger Announces $100 Million Series E Financing from Blackstone to Bring Value-Based Mental Healthcare to Millions of Employees and Health Plan Members

– Ginger, the on-demand mental health company, announced a $100m Series E financing round led by funds managed by Blackstone Growth.
– The round was led by Blackstone Growth and includes existing investors from Kaiser Permanente Ventures, Cigna Ventures, Bessemer Venture Partners, Advance Ventures Partners, Khosla Ventures, Health Velocity Capital, City Light Capital, and WP Global Partners.
– This latest round of investment will bring the company’s total funding to over $220m on the heels of approximately 3x revenue growth over the past year.
– Over 10m people have access to Ginger in over 40 countries around the world through the company’s partnerships with innovative employers, health plans, and strategic partners.

Enterprise Applications Human Resources Information Technology North America Productivity Tools Software

Lattice Secures $60M Series E

– Lattice from San Francisco is a leading people management platform for businesses with people-first cultures.
– The company has raised $60m in a new round.
Tiger Global was joined by existing investors Thrive Capital, Shasta Ventures, Founders Fund, Frontline Ventures, Fuel Capital, Khosla Ventures, and several new angel investors.
– The new investment brings Lattice’s total funding to $158m.

Big Data Bioinformatics Biotechnology Health Care Health Diagnostics North America

Inflammatix Secures $102 Million in Series D Financing Led by D1 Capital Partners to Commercialize Novel Host Response Diagnostics

– Inflammatix, a pioneering molecular diagnostics company, announced today the closing of a $102m Series D round of financing to support development and commercialization of its novel immune response diagnostics portfolio.
D1 Capital Partners led the round, with participation from the company’s existing investors, including Northpond Ventures, Khosla Ventures, Think.Health, and OSF Healthcare Ventures.
– Sepsis caused more than five million deaths annually worldwide before the COVID-19 pandemic, and severe COVID-19 has been recognized as viral sepsis. In addition, antibiotic resistance is directly responsible for more than 700,000 deaths annually worldwide.

Health Care Information Technology North America Search Engine Sensor

Forward Health Raises $225M to Expand Nationwide

– Forward Health announced $225m Series D funding with participation from Founders Fund, Khosla Ventures, SoftBank Vision Fund 2, Marc Benioff, and The Weeknd, among others.
– The funding will help rapidly expand Forward Health’s healthcare system nationwide with several new locations slated to open in the first half of 2021.
– Forward Health will also use the funds to introduce new doctor-led programs focused on heart health, cancer detection, COVID-19, stress, anxiety, and weight management.
– The pandemic has further exposed the limitations of traditional healthcare, and the band-aid of telehealth alone does not solve the problem.
– Forward Health provides members with unlimited in-person care at its technology-driven clinics, where first-time visits last an average of 60 minutes (compared to the national average of 15 minutes).

Biopharma Biotechnology Health Care North America Therapeutics

Bionaut Labs Emerges From Stealth With $20M

– Bionaut Labs, a company focused on Revolutionizing the treatment of central nervous system disorders (CNS) with its Bionaut™ precision medicine treatment modality, today announced its launch backed by $20m financing led by Khosla Ventures.
– Other investors in the syndicate included Upfront Ventures, Revolution, BOLD Capital, and Compound.
– Proceeds from the financing support the advancement of the Company’s lead therapeutic program in glioma through preclinical development.

Health Care Health Diagnostics Hospital Medical Device North America

With $19M A round, Halo Dx combines data streams to better diagnose cancers, dementia and more

– Halo Diagnostics, a healthcare startup, raised $19m in Series A funding.
– The round was led by Khosla Ventures and joined by Founders Fund, and others.
– The company plans to use the funding to expand its facilities and services.

3D Printing Advanced Materials Building Material CAD Construction North America

Mighty Buildings Raises $40M In Series B Funding

– Mighty Buildings is a construction tech company applying automation and innovative new technologies to cut time and labor hours.
– The company raised $40m in Series B funding.
– The round was led by Khosla Ventures and co-led by Zeno Ventures, with participation from returning investors Bold Capital Partners, Core Innovation Capital, and Foundamental.
– New investors included ArcTern Ventures, Abies Ventures, Modern Venture Partners, Giant Ventures, MicroVentures, One Way Ventures, Polyvalent Capital and others.

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