TLDR:
- Pomelo Care secures $46 million in Series B funding to expand maternal and newborn services
- Various mental health companies secure significant funding rounds to support their growth and development
Pomelo Care, a digital health company focused on maternal and newborn services, raised $46 million in Series B funding led by First Round Capital and Andreessen Horowitz. The company plans to use the funds to increase payer partnerships and deliver better care outcomes by proactively identifying risk factors in pregnancy. Pomelo Care has shown significant improvement in mental health screenings for new mothers, leading to a reduction in perinatal depression risk.
New York Governor Kathy Hochul announced $39.1 million in state funding for nine hospitals to create emergency psychiatric departments, enhancing care for individuals in psychiatric crises. Additionally, Canary Speech raised $13 million for its biomarker-based assessment of mental health disorders, while Madrid-based ifeel secured $20 million in Series B funding to expand its AI-powered therapy services. INVI MindHealth received $1.5 million in seed funding for its team-focused mental health tracking app.
Overall, these funding rounds demonstrate the increasing investment and innovation in the mental health sector, with companies focusing on maternal health, emergency psychiatric care, AI-powered therapies, and mental health tracking apps using biometric data.
