Finance
The digital diabetes and chronic care company said it will integrate xbird's software into its platform.
Purchase agreement with flight specialist Spright will enable large-scale medical drone deliveries in the US.
This week's top stories include SCOTUS blocking the Biden Administration vaccination rule for employees of large companies, while upholding a mandate for healthcare workers at facilities that accept Medicare and Medicaid funding, and digital medicine platform Akili plans to go public through merging with SPAC Social Capital Suvretta.
This new funding round brings the company's total raise to more than $550 million.
Infermedica lands $30 million in Series B funding, and DigitalOwl scores $20 million.
The merger with the special-purpose acquisition company Social Capital Suvretta Holdings Corp. I is expected to net Akili up to $412 million.
They will be combining their products to provide a comprehensive, integrated telehealth system.
CB Insights' State of Digital Health 2021 Report also found 574 M&A deals, up 44% from 2020.
The open letter from Blackwells Capital comes days after CEO John Foley said the company was "right-sizing" its production and evaluating layoffs.
Peloton CEO John Foley said the company is considering downsizing.