Investing

Biofourmis has restructured its business to pursue its original focus on data-driven patient monitoring alongside its more recent interest in standalone and companion digital therapeutics.

The funding will also help get much-needed therapies to patients faster. 

The company's implanted product acts as a closed-loop system that monitors and responds to brain activity by automatically delivering stimulation prior to the start of a seizure.

The latest round was led by Felicis Ventures. As part of that deal, Sundeep Peechu, managing director at the VC firm, will sit on the PicnicHealth board. 

Founded in 2015, Singapore-headquartered digital health company Mobio Interactive announced that it has closed $1.

The company said it has grown its business by 400% in the last three months alone.

The company was founded in 2011 and is looking to go public on the Nasdaq market. 

Toronto-based SeamlessMD announced today the closing of its $4 million Series A financing round, led by MEDTEQ+ with participation from Hikma Ventures, Anges Québec, AIoT Health and health IT entrepreneur Sanjay Malaviya.

A frequent partner of biopharmas and the FDA, it has raised $94 million from investors since its commercial launch in 2015. 

The raise reportedly brings the company's valuation into unicorn territory.