Investor
According to the new Rock Health funding report in Q1 digital health companies raised $3.1 billion in new investments. However, with the coronavirus hurting the economy, the rest of the year may not follow suit.
The company will use the money to increase its European presence.
The new round was led by General Catalyst with participation from F-Prime Capital, Kickstart Seed Fund, Diōko Ventures and Jonathan Bush.
The company is tripling its physician pool by the end of April, and has launched a new patient dashboard.
The new investment brings the medical cybersecurity startup's total raise to $30 million.
The raise will help SteadyMD further develop its technology platform and online services.
The seat can collect data on a patient's heart rate, blood pressure, cardiac output, ECG and blood oxygenation.
Also Cue Health scores $13 million from the department of Health and Human Services Biomedical Advanced Research and Development authority in order to fund its portable COVID-19 diagnostic test.
The round was led by Mosaik Partners, and will be used to grow PatientPay's product line.
COVID-19
German-based Ralf Jahns, MD at Research2Guidance, explains the role of different stakeholders in fighting COVID-19.