Health and lifestyle investors Tripp Baird and Vishal Vasishth are in the process of raising $150 million for their Builders Fund in San Francisco, based on a document filed with the Securities and Exchange Commission (SEC).
Healthcare Health/Fitness
Breaking News
San Francisco, California-based wearable tech firm Basis Science put itself up for sale and is currently in acquisition talks with Google, Apple, Samsung, and Microsoft, according to two sources familiar with the situation.
The single largest stock holding of Soros Fund Management in the fourth quarter is Israeli drugmaker Teva Pharmaceutical Industries Ltd, Reuters reported citing a February 14 filing with the US Securities and Exchange Commission.
Soros Fund Management sold the stake it held in retailer JC Penney, liquidating 19.98 million shares, in the final quarter of last year, Reuters reported citing a regulatory filing.
Miami, Florida-based healthcare analytics startup QualMetrix raised an undisclosed amount in its Series A funding round to continue its expansion efforts through acquisition of other related companies.
San Francisco, US-based online nanny marketplace UrbanSitter raised $15 million in Series B funding to expand its marketing efforts and continue connecting US families with qualified nannies.
Smart bathroom scale maker PICOOC is raising $20 million for its second institutional funding round. The company makes the smart body scale brand Latin, TechNode reported.
MyHealthTeams has obtained $3.36 million for its Series A funding round led by The Westly Group to create social networks to help those living with chronic conditions, TechCrunch reported.
Rhenovia Pharma, biotechnology company that specializes in applying biosimulation in researching and developing new therapies, has secured $738,000 or €540,000 for its second financing round.
Denver, US-based health management firm Welltok secured $22.1 million in a Series C funding round led by New Enterprise Associates to build a new application that will encourage consumers to maintain a healthy lifestyle.
Munich, Germany-based firm Bragi launched a crowdfunding campaign on Kickstarter to build wireless smart earphones called The Dash, which has sensors that can track fitness activity and vital signs.
KKR, a private equity company, will be purchasing optical retailer National Vision based in Lawrenceville, Georgia for an undisclosed amount, The Atlanta Journal Constitution reported.
A £28 million funding was given by the National Institute for Health Research or NIHR and its 50 partners to a health research initiative focused on the East Midlands.
Jaguar Animal Health Inc, a company that focuses on making veterinary products, received $2 million from BioVeda China Fund, a private equity firm based in China.
HealthTech Capital Founder and veteran venture capitalist Anne DeGheest warns that there is a bubble forming in information technology for the healthcare industry in an interview with The Wall Street Journal's blog Venture Capital Dispatch.
