digital health funding
Science Corporation, a competitor of Elon Musk's Neuralink, offers a brain-computer interface retinal implant designed to restore vision in patients with macular degeneration.
The Massachusetts-based company will use the funds to advance its Spectris neurotechnology platform that uses visual and auditory stimulation to treat Alzheimer's disease.
The company will use the funds to expand its platform that connects caregivers, care teams and residents in senior living and long-term care facilities.
The New York-based company will use the funds to expand its in-person and online therapy platform.
The new funding brings the company's total raise to more than $55 million.
The funds will be used to enhance the company's hybrid human and AI-powered operating platform, scale its reach and grow its workforce.
ProSommus Sleep Technologies secured $38 million, Rainfall Health closed a $15 million Series A round and Synchrony Medical closed a $5 million funding round.
The company plans to use the funding to further build out its product capabilities and deepen relationships with health plans and third-party administrators.
The company will use the funds to enhance its AI platform, expand clinical and operational use cases, and scale its market reach.
The funding will help the company scale its AI-powered, in-network virtual psychiatry platform, which employs more than 800 full-time psychiatrists.