Healthcare Moves: A Monthly Summary of Hires and Layoffs
Here is a selection of recent executive hires, departures and layoffs occurring across the healthcare industry.
Olive passes $4B valuation with new funding round
Olive, which automates redundant tasks in healthcare, recently raised $400 million in a funding round. Since the start of the pandemic, the company has raised a total of $832 million.
The Funding Model for Cancer Innovation is Broken — We Can Fix It
Closing cancer health equity gaps require medical breakthroughs made possible by new funding approaches.
Healthcare process automation startup Olive AI lands $1.5B valuation
Olive AI, a startup automating routine administrative tasks for health systems, raised another $225 million in funding, bringing the total raised this year to $385 million.
Funding roundup: Pandion Therapeutics raises $80M for autoimmune disease treatment
Despite continued economic impacts from the Covid-19 pandemic, biotechnology companies and VC firms raised significant amounts of funding this week. For example, Massachusetts-based Pandion Therapeutics closed $80 million in funding to develop a therapeutic designed to treat autoimmune diseases.