Category: articles
Silicon Valley Bank only started processing stimulus loan applications today
In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims “more innovative startups bank with us than any other bank,” only just began processing claims today. “Since the CARES Act and the PPP were announced, we…
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Livongo stock jumps over 10 percent on revised earnings guidance, pointing to digital health boom
Livongo Health’s stock jumped over ten percent on a day that saw most exchanges tumble after a day of crazy volatility. The digital diagnostics and therapeutics company is benefiting from booming demand for digital health services as remote medicine takes center stage for beleaguered health care providers looking to keep…
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Hims launches group therapy services as first foray into broader mental health initiative
Hims, the startup consumer health brand providing out-of-pocket physician services online, has launched group therapy services through its Hims and Hers brands as part of an initial push into mental health services. The company first began exploring opportunities to expand into the mental health category around eight months ago, and…
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As demand for mental health services soars, SonderMind raises $27 million to expand its services
“Our real focus is on democratizing mental healthcare,” says SonderMind co-founder chief executive, Mark Frank. His company, founded back in 2017, is having a moment. With the restrictions and economic stresses caused by the government’s efforts to mitigate the spread of the COVID-19 epidemic in the US, demand for mental…
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Creative Destruction Lab launches a new startup program dedicated to COVID-19 response
Global academic science and tech startup accelerator program Creative Destruction Lab (CDL) is adding a dedicated stream to its existing areas of focus, which include AI, health sciences, space, quantum computing, blockchain, energy, and oceans. The new addition is a timely one: CDL Recovery, which is designed to help turn…
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Myriota raises $19.3 million to expand its IoT satellite constellation
Internet of things satellite connectivity startup Myriota has raises a $19.3 million Series B funding round, led by Hostplus and Main Sequence Ventures, with additional funding from Boeing, former Australian PM Malcolm Turnbull, Singtel Innov8 and others. The company has now raised $37 million in Funding, and has four satellites…
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