Business
The merger with the special-purpose acquisition company Social Capital Suvretta Holdings Corp. I is expected to net Akili up to $412 million.
Swiftarc Telehealth will initially focus on obesity, mental and behavioral health, and pediatric care.
CB Insights' State of Digital Health 2021 Report also found 574 M&A deals, up 44% from 2020.
The new fund will focus on Israeli early-stage investors.
It plans to deploy its fresh funds to rapidly scale its offerings across Asia.
The company plans to use the new funds to help fuel its FDA submission.
The open letter from Blackwells Capital comes days after CEO John Foley said the company was "right-sizing" its production and evaluating layoffs.
Women’s health will be the focus of the new investment.
Peloton CEO John Foley said the company is considering downsizing.
In a preview of their HIMSS22 presentation, Robert Jarrin, strategic advisor to ResMed Corp., and Brian Scarpelli, senior global policy counsel at the Connected Health Initiative, explain the current digital health reimbursement landscape.