Saturday, September 30, 2023
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Israel: BPEA to buy Lumenis from XIO

Baring Private Equity Asia (BPEA) is to buy medical device provider Lumenis from London-based investment firm XIO. Precise financial terms have not been disclosed, but...

Sweden: KRY raises US$155m Series C

Swedish digital healthcare provider KRY has raised US$155m in Series C funding to support its plans for further expansion in Europe. It is one...

MENA: IFC supports Humania with US$125m finance package

IFC, a member of the World Bank Group, is the lead arranger for an Islamic financing package of up to US$125m to Humania, a...

Australasia: Healthcare companies scrap FY20 guidance

A number of healthcare companies in Australia have faced up to the challenges of Covid-19 and have scrapped their financial guidance for the year. Craig...

Australia: Monash IVF to raise A$80m

Monash IVF is joining the rush of healthcare companies in Australia to raise money in the capital markets to strengthen their balance sheets amid...

Japan: Ubie raises US$18.7m in Series B funding

Tokyo based healthtech startup Ubie has raised ¥2bn (US$18.7m) in Series B funding to help it expand both domestically and internationally. The money was raised...

India: HealthQuad raises US$68.8m for second fund

Healthcare-focused venture capital firm HealthQuad has completed the successful first close of its second fund at Rs5.1bn (US$68.8m). The fund expects to have its final...

UAE: TVM Capital Healthcare denies CMRC exit

TVM Capital Healthcare has denied the reported exit of its investment in Cambridge Medical and Rehabilitation Centre (CMRC). Reuters reported that the private equity firm...

Global: Quiet week in startup funding

Last week was quiet for early stage funding with only two healthcare companies raising capital for expansion. The most significant was Lumos Diagnostics, a rapid...

Australia: Doctor Care Anywhere shares bounce on debut

Shares in Doctor Care Anywhere (DCA) jumped 16.25% on their debut on the ASX on Friday, confirming that digital health providers are unstoppable in...