Money Moves: 3 Life Science and Health IT Companies Raise Funds — and One Goes Public

TrekIT Health, creators of a digital platform through which an entire medical team could access documents and care instructions for patients, has raised $1 million in additional seed funding.

The round was led by Tech Council Ventures with participation from Boston Millennia Partners Founders Fund and Front Row Fund, who join existing investors including IP Group, DreamIT Health and Ben Franklin Technology Partners.

The company made Technical.ly’s RealLIST Startups top-10 list in 2019, and is based on the research work of founder Dr. Subha Airan-Javia, who now holds the role of CEO.
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Strados Labs has been awarded a National Science Foundation (NSF) Phase I Small Business Innovation Research grant for nearly $225,000 to conduct research on its wearable platform for remote respiratory monitoring.

The work is especially relevant as medical professionals come to understand more about how COVID-19 can effect the respiratory tract, and this grant will be “instrumental” in Strados bringing the electronic stethoscope to more patients and clinicians, said Strados cofounder and CEO Nicholas Delmonico in a statement.

Read the full article here.

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