Digital health financing is booming as companies in the industry pulled down over $1.5 billion in venture capital, angel, and private equity funding in the last year across 362 deals. Over the past two years, there has been overall YoY funding growth of over 23% and deal growth of over 17%.
Gordon Ritter led his firm’s first investment in a then-little-known company called Salesforce.com. Years later, after Salesforce rose to prominence as a cloud computing leader, Ritter saw a new trend emerging.
The ILIAD Project is employing citizens to help out in the field of antibacterial research by using pre-packed kits to perform their own trials at home.
This is part of a new series of articles that looks at entrepreneurs hoping to get their ideas off the ground through crowdfunding. At the time of writing, each of these innovations is currently seeking funding.
Batteries made from pigments found in cuttlefish ink may lead to edible, dissolvable power sources for new kinds of medical devices. Researchers led by Carnegie Mellon University materials scientist Christopher Bettinger demonstrated the new battery. “Instead of lithium and toxic electrolytes that work really well but aren’t biocompatible, we chose simple materials of biological origin,” Bettinger says.
A smart cuff may be able to save your life by alerting you when you’re at a high risk of a heart attack or stroke.
The cuff, which is being developed by iHealth in partnership with top cardiologists at the University of California, San Francisco and Berkeley, is about to enter into a testing phase. iHealth specializes in consumer products, but regularly partners with clinical researchers and hospitals to develop more sophisticated patient monitoring devices.
