Investing
The company plans to use the new money to expand.
This is Olive's third raise in 2020 alone, and now values the AI company at $1.5 billion.
The company plans to use the funds to propel commercialization efforts and add new technology capabilities.
The funding will enable the health tech startup to grow its platform which automates processes in running clinical research registries.
A Q4 progress report from CB Insights predicts a drop-off in investment between the quarters, for digital health and the broader healthcare startup ecosystem alike.
Also: Perfood picks up €5 million to launch digital therapeutics, and Quantum Health receives an investment from Warburg Pincus.
With these funds, Well Health has now raised $75 million since its founding in 2015.
The UK app aims to resolve facilities and equipment issues for staff.
The Oxford University spin-out's intelligent workforce solutions secures additional $1.1M to mitigate cross-contamination in hospitals.
The investment is through the firm’s subsidiary Enovacom, which aims to become one of France’s leading digital health companies.