🧬 Welcome to this week's Austin Bio Health Weekly Roundup! Let's dive into a huge funding round, a ton of partnerships, insights, and more. 🧬
💰 Funding
@HealthAtHarbor secured an impressive $95M in funding with
@GeneralCatalyst leading the round. We also have Austin funding Austin as
@8VC, who led their Series A, joined the round. A huge congrats to
@ClayJohnstonMD and the entire Harbor Health team!
🤝 Partnerships and M&A
Two ATX companies are teaming up as
@FirstDollarinc is powering Clearwater Health’s pre-tax accounts. See below for my short interview with Jason Bornhorst (
@jbornhorst), CEO and Co-Founder of First Dollar as we talk this partnership and what comes next.
MDisrupt (
@m_disrupt) is partnering with the California Health Care Foundation (
@CHCFNews) to meet the unique needs of Californians in Medi-Cal, the state's Medicaid program. Kudos Rudy Gadelrab (
@DivaBiotech) and team on this important collaboration.
@HarmonicBionics announced a partnership with
@MOTUSIUM, a leader in robotic rehab solutions, to enhance rehab tech accessibility in the US. Nice job Mark Hunter and team.
@BrainCheck partnered with Maplewood Senior Living (
@voamaplewood) for an observational study on their digital cognitive assessment technology. This marks another step forward in advancing this technology, led by Kim Rodriguez and her team.
@L7informatics joins the
@SAP ParnterEdge open ecosystem to help customers develop and manufacture cell and gene therapy products.
💡 Insights from Local Builders and Innovators
Next Coast Ventures (
@nextcoastVP) is making a significant move into the Bio Health arena by transforming their Self Care Hacking investment theme into "Digital Health." In their own words "Whether it will be AI, new care models, or novel go-to-market approaches that tip the scales, the ways in which patient data, healthcare costs, and employee benefits are all managed are on the cusp of a sea change-- and startups will play a pivotal role in that shift."
@Wheel_Health's CEO Michelle Davey (
@MLDavey) shares her 2024 predictions, emphasizing the expansion and transformation of virtual care, especially among older adults, and the rise of non-traditional players in the field.
🏗️ Infrastructure Growth
@XBiotech_USA announces the construction of a new R&D facility on its 48-acre campus, marking a significant development in the local bio and health infrastructure.
🏆 Recognition
@FirstDollarinc, @membersy and
@closedloopai shine as top 50 startups to work for in Austin according to
@BuiltIn.
@TaylorCapito of
@GenRait_Inc earns a spot in
@RTInsights' "19 Women in Real-time Analytics and AI to Watch in 2024."
🏴 Texas Bio Triangle
Irving based Caris Life Sciences (
@carisls) partnered with
@flatironhealth to create a transformative real-world data offering, strengthening the Texas Bio Triangle's position in the sector.
🎥 New This Week
We're introducing video interviews in the Roundup. If you have news, reach out for a chance to be featured in an interview!
What’s Next?
#AustinNext #LifeSciences #Healthcare #Biotechnology