Digital health news, funding round up in the prior week

HistoSonics raised $100M; Memora Health and PeriGen partner; health spending reached $4.3T in 2021. According to a Harris poll, 12% of respondents said they wouldn't share any data at all, while 50% said they would share any type of data with a national database to help avert another public health emergency. With 47% of respondents saying they would, the highest number was followed by 43% who would be open to sharing their health data and 41% who would be open to sharing information on their diet and way of life. When asked whether they would share genetic data or data from wearables and fitness devices, 32% and 28% of respondents said that they would not. A non-profit company called Trusted Future conducted a study with 2,414 Americans. 

In the field of digital health, there are several types of funding rounds that companies may pursue in order to raise capital for their operations. These include:

• Seed funding: This is the earliest stage of funding for a company, and typically involves smaller amounts of capital from individual investors or angel investors. Seed funding is used to develop a product prototype and conduct initial market research.
• Series A funding: Series A funding is the first round of institutional investment in a company. This type of funding is typically used to scale the product and expand the business.
• Series B funding: Series B funding is the second round of institutional investment in a company. This funding is typically used to further scale the business and accelerate growth.
• Series C funding: Series C funding is the third round of institutional investment in a company. This funding is typically used to expand the business into new markets or to fund major initiatives such as acquisitions or partnerships.
• Series D funding: Series D funding is the fourth round of institutional investment in a company. This funding is typically used to support the company's long-term growth and sustainability.
• Initial public offering (IPO): An initial public offering is the process by which a company goes public and sells its stock to the general public for the first time. This type of funding is typically used to raise significant capital for the company and provide liquidity for early investors.