Fierce Healthcare August 6, 2019
Investors continue to be attracted to healthcare AI startups and companies focused on mental health and wellness as venture capital funding soars.
Investment in healthcare artificial intelligence startups and companies focused on mental health and wellness soared in the second quarter as both sectors hit funding highs, according to a new report.
Healthcare AI companies raised $864 million in the second quarter, compared to the $764 million AI startups raised in the second quarter of 2018, according to technology market intelligence company CB Insights’ global healthcare report released on Tuesday morning.
The $864 million in AI healthcare investment was led by a $200 million round to Tempus in May. Tempus develops an AI-enabled precision medicine software based on its...