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Why a hot healthcare startup raised a fresh round from VCs instead of going public
Lydia Ramsey Pflanzer
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Coronavirus cases are rising across Europe, particularly among younger groups, the World Health Organization said Monday.- With many European nations reopening bars, restaurants, and schools, young people have more opportunities to socialize.
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- Telemedicine startup
98point6 said Thursday that it raised $118 million in Series E financing from L Catterton and Activant Capital. - Investor interest in telemedicine and digital health startups has not been confined to private markets, with several acquisitions and public debuts resulting from increased public market interest.
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- Anna Huyghues-Despointes was a venture investor with Balderton Capital when she met
Owkin 's founders. The work they were doing convinced her to join the startup as an early employee. - Owkin's technology can read and analyze complex medical data from sources such as photos or scans, cataloging the information in a way that is easy to use for researchers, Huyghues-Despointes said.
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- Lydia
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