Investing
The opening day stock prices are listed at $8.90 and the deal is expected to give Talkspace $250 million in growth capital.
The company, which created a smartphone-friendly EHR, billing and practice management platform, began to work in the telehealth space during the COVID-19 pandemic.
The company plans to use this money to use its therapeutics program in human clinical trials.
The nonprofit urges early-stage women-led health startups to participate in the FemTech and HealthTech Grants Challenge.
The company said the deal could help it with commercialization and expansion.
The investment will go towards developing Kastus' patented light-powered anti-viral surface protection technology.
The startup, known for its ring-type heart-monitoring device, recently raised $20 million in a Series B funding round.
The Ride Health platform manages end-to-end NEMT, from automated ride scheduling to passenger performance ratings.
Also: obesity telemedicine platform Form Health raises $12M for company growth and Ksana Health closes $2M seed round to add objective insights to mental healthcare.
Also, a study using autonomous AI to tackle diabetic eye disease will be launched in Bangladesh.