UK-based digital behavioral health company Ieso Digital Health raises $24 Mn; NHS England will set up several regional Digital Innovation Hubs and expand test beds for innovations
Singapore-based digital health platform company MyDoc receives a strategic investment from UST Global
UK-based digital behavioral health company Ieso Digital Health raises $24 Mn in another round of funding led by led by European VC firms Draper Esprit and Touchstone Innovations; The firm offers cognitive behavioral therapy (CBT) in real-time through written conversations online, using a secure virtual therapy room; Text-based data are collected and further processed using machine learning and natural language processing (NLP) to improve therapy outcomes; New funds will be used to expand and scale its technology in US and UK.
Other companies in behavioral health space that raise new funding recently: AbleTo raises $36.6 Mn led by Bain Capital Ventures; Talkspace raises $31 Mn last week led by Qumra Capital. (mobihealthnews)
NHS England will set up two to five regional Digital Innovation Hubs, each covering regions of 3–5 million people following a proposed Life Sciences Industrial Strategy by Sir John Bell, University of Oxford last month; Also, it has outlined plans to expand and extend NHS Test Beds from current 4,000 patients to 15,000 patients enrollment by this time next year; And it will be backing investments in AI technology during the course of the next 12 months. (digitalhealth)
Singapore-based digital health platform company MyDoc receives a strategic investment from UST Global; Terms unknown; MyDoc serves as a healthcare service aggregator that integrates doctor consultations, online prescriptions, and long-term disease management programs; New funds will be used to fuel initiatives including disease management and health data tracking programs and to expand markets primarily in Asia and in Europe.(The Economic Times)