Grim Reaper…
April 12, 2018Blog

Grim Reaper…

Do you know how many people died worldwide last year?

According to the Ecology Global Network, 55.3 million people died which, one might say, compares “favorably” to the 131.4 million who were born (~250 births every minute) globally. The causes of death, while numerous, provide a somewhat morbid roadmap as to where one might expect future innovation. Venture investors look for technologies that will have the greatest impact on the largest number of people (“big market syndome”).

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Aetion Announces $36 Million in Series B Funding to Accelerate Its Platform for the Analysis of Real-World Evidence to Biopharma Companies and Health Care Payers

Aetion, the software platform company delivering the real-world analytics and evidence needed for biopharma and payers to engage in value-based care, announced it has raised $36.4 million in Series B funding. The round was led by New Enterprise Associates (NEA) and included, as a new investor, Amgen Ventures, alongside existing investors Flare Capital Partners, Lakestar, and Oxeon Ventures. Mohamad Makhzoumi of NEA will join the Aetion board of directors.

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Somatus Raises $11 Million in Series B Financing

Somatus, an innovative care delivery and management company delivering Kidney Care solutions to Health System and Payer customers, today announced it has secured $11 million in Series B funding in a round led by Flare Capital Partners and joined by BlueCross BlueShield Venture Partners, Inova Health System, and a new innovation firm founded by Andy Slavitt.

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