digital health investment
The company also raised $5 million in venture debt funding.
Genentech will leverage Medra's Physical AI, Scientific AI and robotics into its lab systems to accelerate drug discovery.
The company will use the funds to advance product innovation, strengthen clinical partnerships and accelerate its nationwide growth.
Alongside the acquisition, the two companies entered a multi-year partnership to cross-integrate their platforms, aiming to expand access to clinical trials.
Angle Health raises $134 million, and Trial Library secures $10 million.
The company closed after failing to secure additional investment due to regulatory uncertainty and delayed action on extending the Acute Hospital Care at Home Waiver Program.
Nest Health closes a $22.5 million Series A round, and Revian secures $13 million in funding for its hair growth device.
The company will use the funds to expand its in-house operations in New York and San Diego, as well as accelerate the trials and commercialization of its BCI.
The company will use the funds to grow its UK presence, expand its workforce, advance research and patient experience efforts, and enhance its data-driven care platform.
Since launching in March, the company has raised $550 million.