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BehaVR, OxfordVR Raise $13M for Newly Merged Behavioral Health Company
Behavioral wellness-centered virtual actuality businesses BehaVR and OxfordVR have merged, the pair announced Tuesday. The joint company will operate beneath the BehaVR identify. The offer was supported by a $13 million Series B funding spherical led by Optum Ventures and Oxford Science Enterprises. Accenture Ventures, Confluent Wellness, Chrysalis Ventures and Thornton Cash also participated. Both equally BehaVR and OxfordVR describe on their own as digital therapeutics, which are proof-based solutions shipped by way of program interventions to take care of or take care of a situation. The pair have a extended history of using VR to give individuals a “multi-sensory” working experience to help take care of psychological wellbeing disorders.…
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Alphabet Helps Health Business Verily Raise $1B
Alphabet-owned overall health technological know-how company Verily is getting ready to broaden its precision well being firms just after a $1 billion expenditure round. The money — from a round led by Alphabet itself — will be utilized “to support a selection of the company’s main initiatives concentrated on genuine-planet proof generation, health care data platforms, investigation and care, and the fundamental technological innovation that drives this work,” in accordance to a Friday (Sept. 9) press launch. In addition, the corporation will take into consideration future investments in strategic partnerships, world-wide small business improvement and acquisitions, the launch stated. Meanwhile, Verily declared in the launch some leadership alterations, naming corporation…