GS MedTech Funding Tracker – TYBR Health, Hilo, and more

GS MedTech Funding Tracker – TYBR Health, Hilo, and more

Latest Medtech News


AI became a major theme this week, alongside advances in regenerative medicine and connected care, as MedTech companies raised capital to accelerate commercialization and expand clinical impact.

TYBR Health raises $30M Series A to expand orthopedic hydrogel platform

TYBR Health has raised $30M in a Series A round led by Vensana Capital and Mutual Capital Partners, with participation from Neovate Capital Partners and existing investors. The funding will support commercial expansion of its FDA-cleared B3 GEL extracellular matrix hydrogel, broaden clinical applications and generate further evidence for improving healing outcomes after orthopaedic surgery.

CEO Tim Keane: “We built TYBR Health around a simple principle: managing the healing environment should complement good surgical technique and contribute to better recovery for patients." 

Hilo secures $19M to expand blood pressure monitoring platform

Hilo has raised an additional $19M extension to its Series B round, bringing total funding above $119M. The investment will support the U.S. launch of Hilo Core, a wearable blood pressure tracking system combining a wristband, mobile app and FDA-cleared arm cuff to provide continuous insights into blood pressure patterns and health trends.

CEO Stefan Petzinger: "For too long, blood pressure has been measured in isolated moments, leaving critical gaps in understanding,"

CARPL.ai raises $10M Series A to accelerate global adoption of healthcare AI

CARPL.ai has raised $10M in a Series A round led by International Finance Corporation (IFC), with participation from Stellaris Venture Partners and others. The funding will support global expansion of its radiology AI marketplace and enterprise platform, which enables healthcare providers to integrate, deploy and monitor 300+ AI applications through a single vendor-neutral platform.

CEO Dr. Vidur Mahajan: "We are privileged to have International Finance Corporation as a partner as we grow across the world."

InnoDtech raises $3.4M to advance AI orthodontic platform

InnoDtech has raised $3.4M from investors including Albatross Investment, KDB and SK Securities to accelerate regulatory approvals and global expansion. The funding will support its AI-powered orthodontic treatment planning platform, Dr.AlignNavi, and clear aligner solution Clara AI, which use 3D clinical data to optimize personalized tooth movement.

CEO Bohun Joo: “We’ve developed an AI service that analyzes all 28 teeth, starting with orthodontic treatment, and we plan to expand into an AI-based oral healthcare platform that manages overall oral health going forward,”

Bioscan Research raises $1M to scale AI-powered brain injury diagnostics

Bioscan Research has raised $1M in a seed round led by Unicorn India Ventures to accelerate commercialization, regulatory approvals and product development. The funding will support its CEREBO device, an AI-powered near-infrared spectroscopy (NIRS) platform designed for non-invasive detection of intracranial injuries and traumatic brain injury.

Founders Shilpa Malik and Anupam Lavania: “We harness light to reveal what the eyes can't see - giving doctors clarity, patients hope, and technology a heart. With this funding, we will upgrade our product, overcome the limitations of traditional diagnostic tools, and improve access to timely emergency care both in India and globally,”

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