Digital Health
It will be used to accelerate collaborations with pharmaceutical firms.
Also, scientists from the University of South Australia have developed tiny fibre sensors for remote patient monitoring.
Also, CureApp is getting $77 million in investment from the Sawai Group as part of their license deal.
The new funds will be used to support the rollout of its hypertension DTx app.
It is now preparing for a Series A fundraising round in the next six months.
Medication management-focused Arine raised $29 million, Epic-based virtual care platform KeyCare scooped up $24 million, and care coordination software company CareHarmony raised $15 million.
There is a plan to expand its trial to more ambulances in the country to study its effectiveness.
The company also has pending approvals for the device in Australia and Thailand.
The Visibly Digital Acuity Product uses a touchscreen mobile device paired with a computer to test how sharp a user's vision is at a distance.
A memo sent to employees from CEO David Ko said the company is "not immune to the impacts of the current economic environment."