Technology

Digital tools have to do more than just feed people data. They must also keep them engaged and motivate them to make healthier decisions. This is where behavioral science comes in.

Most UAE femtech startups focus on women’s wellness and menstrual health. But other subsectors, such as female-focused mental health, are seriously lagging behind. What’s more, the MENA region accounts for less than 6% of the global femtech industry.

Digital infrastructure company Lifen has raised $58M (€51M) in funding, which will go towards working with 1,500 hospitals and 200 eHealth solutions by 2025.

Also, South Korean startup Lunit obtains two new US FDA approvals for its AI diagnostic tools.

The company has received additional seed funding to split off Centrik. 

The news comes about a week after AppliedVR announced it raised $36 million in Series B funding.

This version of the Health2Sync app is currently available in Japan.

The latest investment brings the company’s total raise to $55 million. It brought in $10.25 million in Series A funding last year.

A systematic review of studies found digital interventions like wearables and apps weren’t effective in increasing physical activity for people in low socioeconomic status groups.

An R&D cloud platform which supports scientists to share and access progress with the development of biopharmaceutical therapeutics has raised $35 million in investment capital.