Heal raises $27M as VCs seek to cure doctor visit model
Seems like the standard doctor visit is poised for some major disruption. How else to explain the tens of millions of dollars that VCs have been pouring into companies developing alternatives from video consultations to old-fashioned house calls?
Santa Monica, Calif.-based Heal is the latest startup in the space to secure funding, raising $27 million to build outs its on-demand house call service. Meanwhile, a Crunchbase Pro list points to at least sixteen companies across the globe offering new models for healthcare visits that have raised venture funding in the last couple of years.
Sofinnova closes $650M biotech fund
Sofinnova, a biotech-focused venture and growth investor, has raised $650 million for its latest fund, Sofinnova Venture Partners X. Silicon Valley-based Sofinnova focuses primarily on mid and later stage deals, with typical investments of $15 million to $35 million per company.
Baobab Studios attracts $25M for VR animation
Baobab Studios, a producer of VR animation entertainment, has raised $25 million in a Series B funding round led by Horizons Ventures and joined by several media investors. The Silicon Valley-based company also hired Larry Cutler, who was Pixar’s technical director for Toy Story 2 and Monsters Inc., as its CTO.
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