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Hello reader,
I’m sure you’ve heard the saying, “Health is wealth.” Well, looking at today’s funding numbers, it seems investors and founders may be taking it quite literally. Three of the five companies on our list of the biggest deals are in the healthtech space, specializing in areas such as preventative healthcare and minimally invasive treatment options.
I guess this isn’t surprising, considering what the saying really means. True enough, all the money in the world doesn’t mean much if your health is in decline. You may afford the best doctors and the most comfortable hospital room, but money can only do so much when some horrible disease is ravaging you from the inside out.
On that note, stay healthy, folks!
Image credit: Timmy Loen
You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.
Let’s dive into the biggest deals and M&As that recently took place.
The biggest deals by market
🇦🇪 Qlub is a startup from the United Arab Emirates that provides payment software for restaurants. It has raised US$30 million in series A money from Cherry Ventures, Legend Capital, Mubadala Investment Company, Shorooq Investments, and e&.
🇮🇳 Intellihealth Solutions is a healthtech platform in India that operates Truemeds. It has closed a US$20 million series C round, with participation from Peak XV Ventures.
🇦🇺 Australia-based Everlab offers a subscription-based platform for preventive care. It has secured US$9.7 million in seed funding from Left Lane Capital.
🇯🇵 Alumnote is a professional services platform focused on alumni management for educational institutions. Based in Japan, it has raised US$5.3 million in a series A money from Itochu Technology Ventures, Obunsha Ventures, QB Capital, Resona Capital, and The University of Tokyo Edge Capital.
M&As
Startups that are raising funds
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