Healthcare and Biotech Funding Roundup: $985.55 million
Healthcare and Biotech Funding Roundup
This week saw a flurry of investment activity in the healthcare and biotech sectors, with companies raising nearly $1 billion in total funding. The investments spanned various innovative fields, including cell therapy, genetic engineering, virtual care, and medical devices.
Notable rounds included ArsenalBio's substantial $325 million Series C to advance its programmable cell therapy platform and eGenesis's $191 million Series D to develop genetically engineered pig organs for human transplants.
Other significant investments were made in obesity treatments, remote patient monitoring, and AI-driven healthcare solutions.
This surge in funding underscores investors' continued strong interest in cutting-edge medical technologies and services that address critical healthcare challenges.