Investor
Bigfoot has agreed to develop and commercialize new programs that will integrate with Abbott's diabetes management platform.
The round was led by Founders Fund and John Doerr.
The two companies will unite under the new Nox Health name.
It's been a busy week for digital health funding, with more raises announced by Arcadia, Cardiologs, Covera and others.
The funding round was led by MTIP and Earlybird with participation from AlbionVC, F-Prime Capital, Eight Roads Ventures and Partech.
The executive summary of a new report describes $8.9 billion in digital health funding dollars in 2019, down from $9.5 billion in 2018.
The company announced its first funding round at the Health 2.0 VentureConnect event in San Francisco yesterday.
The pharma company walks away with the full license for Proteus' mental health treatment adherence technology.
A new report published by Research2Guidance found that femtech companies have raised over $220 million since 2011. The group predicts that number will jump to $297 million by 2024.
The hefty price tag will allow Teladoc Health to deliver single, unified virtual care offering "across all sites of care."