Investor

The Durham, North Carolina-based company received backing from investors Cofounders Capital and the Launch Place.  

Also German company actio lands €10 million ($12 million) in seed funding and Botco.ai closes a $2.2 million seed funding. 

MindMed plans to use HealthMode's machine learning capabilities into its new digital medicine division. 

The company currently sells connected wearables and smart monitors to consumers, but said that it will be seeking FDA authorization for new products with broader indications and telehealth capabilities down the line.

The fund will be zeroing in on sensing tech, data analytics, remote patient monitoring and population health.

Also: docdok.health rolling out COVID-19 vaccination study app; IBM Watson Health partners with Humana.

Also: Insightin Health scores $12M for its engagement platform and Rhino Health raises $5M in seed funding for AI tech. 

MobiHealthNews spoke with Pear Therapeutics, Click Therapeutics and DTx newcomer Mahana Therapeutics to discuss whether in-licensing is the way to go for those just entering the space.

The company attributes volume growth, new patient additions and increasing awareness of real-time continuous glucose monitoring to its revenue growth.   

The company said that its platform is currently in use among more than 4,800 emergency communications centers across the U.S.