Healthcare

PE HUB Healthcare Wire Highlights, 9.12.19

Investors are still howling for vet care

Karuna Labs picks up $3 mln seed

San Francisco-based Karuna Labs, a creator of personalized functional restoration and chronic pain management programs using virtual reality technology to retrain the brain, has secured $3 million in seed funding. Baseline Ventures led the round with participation from Anorak Ventures, the AET Fund, the Hustle Fund, Correlation Ventures and Dreamit Ventures.

VC-backed MedEye taps Kooistra as CEO

MedEye, a Dutch medtech company with an AI-powered medication verification system, has named Jort Kooistra as CEO. Kooistra's work background includes roles at Zimmer Biomet, Johnson & Johnson and Bioventus. MedEye's backers include LSP, Seventure Partners, NSA Ventures and Brabant Development Agency.

Healthy.io inks $60 mln Series C

Tel Aviv-based Healthy.io, a provider of home-based urinalysis, has secured $60 million in Series C funding. Corner Ventures led the round with participation from Joy Capital, Ansonia Holdings, Aleph and Samsung NEXT.

Vision Innovation Partners buys Washington Eye Specialists

Vision Innovation Partners, a Centre Partners portfolio company, said Sept. 12 that it acquired Washington Eye Specialists. Financial terms weren’t announced. Washington Eye Specialists, of Washington D.C., is an ophthalmology practice.

Centauri Health Solutions enlists William Blair for sponsor recap

SoftBank backs Meditation.live

Miami Beach-based Meditation.live, a platform that provides enterprise and consumer wellness, has secured $3 million in funding. The backer was SoftBank Capital NY.

Relentless Venture Fund invests in Snapclarity

The Relentless Venture Fund has made an investment in Ottawa-based Snapclarity Inc, a mental well-being and healthcare platform. No financial terms were disclosed. In addition to the funding, Brenda Irwin will be joining Snapclarity's board of directors.

GSK to acquire Sitari

GlaxoSmithKline has agreed to acquire Sitari Pharmaceuticals, a developer of a treatment for celiac disease. No financial terms were disclosed. Sitari was incubated at COI Pharmaceuticals, which was established by Avalon Ventures.

MedCore, Trinity Private Equity Group, TNRG and UMB buy Utah assisted living and memory care property

MedCore Partners, Trinity Private Equity Group, TNRG and UMB Bank have acquired North Ogden, Utah-based The Lodge, an assisted living and memory care property. No financial terms were disclosed.