Business
The merger with the special-purpose acquisition company Social Capital Suvretta Holdings Corp. I is expected to net Akili up to $412 million.
Swiftarc Telehealth will initially focus on obesity, mental and behavioral health, and pediatric care.
CB Insights' State of Digital Health 2021 Report also found 574 M&A deals, up 44% from 2020.
The new fund will focus on Israeli early-stage investors.
What's next for SPACs, IPOs and digital health in the year to come? Lee Shapiro, a partner at 7wireVenture, examines the trends.
It plans to deploy its fresh funds to rapidly scale its offerings across Asia.
The company plans to use the new funds to help fuel its FDA submission.
The open letter from Blackwells Capital comes days after CEO John Foley said the company was "right-sizing" its production and evaluating layoffs.
Women’s health will be the focus of the new investment.
Peloton CEO John Foley said the company is considering downsizing.