Investing
This week's top stories include Ro and Hims looking to score significant funding, while the healthcare industry seeks more funds to make up for lost revenue due to the pandemic.
The strategic investment will help Heal expand its services into Chicago, Charlotte, Houston and other new regions.
News of the potential sale or merger with a special purpose acquisition company appears at the same time as one-on-one counseling and a key strategic hire.
The funds will be used for the telehealth startup’s expansion in the APAC region with the support of local and regional partners.
The startup now plans to move into telemedicine and expand into other GCC countries.
The round was led by Optum Ventures, with support from Luminous Ventures and previous investors.
The funds will help the mental health startup expand its global footprint.
Product offering will be expanded to help doctors in the UK and Germany deliver preventative care.
The new funding was led by Caffeinated Capital with participation from Venrock, Obvious Ventures, Creandum, Playground Global and SciFi VC.