Here’s the hard truth: healthtech funding is not as great as it was. As Rubén Domínguez Ibar, a VC investor, puts it, “Fundraising in 2025 is brutal.”
While healthtech startups raised $29.2 Bn in 2021, the numbers have dropped ever since. 2022 saw $15.7 Bn. In 2023, the numbers dropped to $10.8 Bn. And in 2024, the numbers touched $10.1 Bn, according to Rock Health.
Investors have become pickier about the type of startups they want to invest in, funding rounds take longer to complete and more startups are competing for investor attention.
Does that mean funding is nowhere? NO.
Deals are happening. And startups can crack them if they target the right investors.
That’s the reason Luis Llorens Gonzalez and Rubén Domínguez Ibar have curated a list of selected startups actively raising right now. From their list of 130 startups, 18 (24%) are healthtech and biotech startups.
Healthtech startups fundraising now
Here’s the list of healthtech startups raising capital. If you’re an investor hunting for potential deals, this is where you should be looking. And if you’re a founder looking to get on the list, we’ll leave the form link at the end of the article to be included in Luis and Rubén’s next fundraising list.
Note: This list is as per the applications they got in January 2025.
Startup breakdown
Funding stage breakdown
📊 47% Pre-Seed
📊 41% Seed
📊 12% Series A
Where are the startups based?
📊 41% United States
📊 17% United Kingdom
📊 42% Rest of the World
List of healthtech startups raising funds
The diversity of these startups underscores the dynamism of the health tech sector. The following section provides a detailed overview of each startup and a closer look at their contributions.
Goal3
Goal 3 develops and implements the IMPALA system, an end-to-end clinical support system designed for low-resource healthcare settings. IMPALA includes a user-friendly multi-parameter vital signs monitor and a data analysis system to help clinical health workers improve patient care and efficiency
- Previous funding: Goal 3 received a $260,000 grant from Founders Pledge in September 2024 in a Series A funding round.
- Location: Netherlands
- Sector: Digital Health & Personalized Wellness
BudFarma
BudFarma is committed to advancing medical cannabis research and patient care. Utilising sustainable cultivation practices and a state-of-the-art facility, they produce high-quality cannabis flowers while partnering with universities and clinics to explore therapeutic applications.
- Previous funding: No data
- Location: Portugal
- Sector: Biotech & Therapeutics
StudyConnect
StudyConnect facilitates and accelerates clinical trials, aiming to make scientific research more accessible and impactful. They act as a collaborative hub, connecting researchers and studies to drive progress in clinical research and improve patient outcomes.
- Previous funding: No data
- Location: United States
- Sector: Clinical Research & Trial Networking
Altheia
Driven by innovation, Altheia is a healthcare technology company that transforms data into actionable insights. Their Acuvía™ solution provides the data transformation, analytics, and automation tools to improve care delivery and reduce costs.
- Previous funding: Not disclosed
- Location: United States
- Sector: Integrative Health Solutions
Phiggle
Phiggle is a pioneering digital health platform from The Human Flourishing Collaborative, dedicated to addressing core aspects of well-being through a holistic approach. Focused on the six pillars of health—nutrition, physical activity, sleep, mindfulness, social connectivity, and self-care—Phiggle offers comprehensive tools and services designed to empower individuals to take control of their health.
- Previous funding: No Data
- Location: United States
- Sector: Holistic Health and Self-Care
Ostique
Ostique is a pioneering health tech company transforming ostomy care through innovative and patient-centric solutions. Specialising in developing advanced ostomy products, Ostique addresses the daily challenges faced by individuals living with ostomies, offering enhanced comfort, discretion, and confidence.
- Previous funding: Ostique closed a $748,000 Later Stage VC funding round on January 26, 2024.
- Location: United Kingdom
- Sector: MedTech and Patient Care
Sense4Med
Sense4Med develops miniaturised biosensors and devices, including the Cl⁻ Fast for rapid sweat chloride analysis. This positions them in the medical device sector, specializing in point-of-care diagnostics with potential applications in conditions like cystic fibrosis.
- Previous funding: Sense4Med received $554,000 in Later Stage VC funding on February 8, 2024.
- Location: Rome, Italy
- Sector: Wearable Medical Sensors & Monitoring
Genevation
Genevation is a biotechnology company revolutionising cancer treatment through AI-driven, cell-free mRNA vaccine technology. Their rapid, two-week personalized vaccine development process, enabled by unique sequencing methods, positions them at the forefront of precision oncology.
- Previous funding: Genevation secured $253,000 in a Seed funding round on June 1, 2024.
- Location: United Kingdom
- Sector: Genomic Diagnostics & Personalised Medicine
Capnesity
Capnesity is a medical device company specialising in remote continuous capnography monitoring. It focuses on improving value-based care, particularly for high-cost and often respiratory-compromised patients.
- Previous funding: Yet to raise
- Location: United States
- Sector: Hospital Resource Management
The Human Flourishing Collective
A Flourishing Life is a forward-thinking organisation uniting experts and individuals to empower daily healthy microchoices through innovative tools. Focused on proactive health literacy, A Flourishing Life leverages the latest insights in systems design, behavioural science, cognitive computing, and ethics to create an ecosystem where long-term human well-being replaces traditional patient care.
- Previous funding: No data
- Location: United States
- Sector: Holistic Wellness Technology
SereniMind
SereniMind is a digital mental wellness platform democratising access to mental healthcare. They offer a comprehensive suite of services, including virtual therapy sessions with licensed professionals, an AI-driven chatbot for personalised support, and a library of self-care resources such as guided meditations and mindfulness exercises.
- Previous funding: No data
- Location: Nigeria
- Sector: Mental Health & Digital Therapy
Avisa Myko
Avisa Myko is an innovative health tech company specializing in the production and application of water-soluble, affordable melanin. Positioned at the intersection of biotechnology and materials science, Avisa Myko’s breakthrough in soluble melanin has significant implications for multiple sectors within healthcare.
- Previous funding: Avisa Myko closed a $200,000 Seed funding round on February 23, 2024.
- Location: United States
- Sector: Telemedicine & Remote Diagnostics
Turquoise Biotechnologies
Turquoise Biotechnologies is focused on developing targeted therapeutics using exosomes. Its expertise lies in biomarker strategy and oncology drug development, with a strong emphasis on translational research, which moves discoveries from preclinical studies into clinical trials.
- Previous funding: Yet to raise
- Location: Australia
- Sector: Biomarker-Based Diagnostics
Heartful Sprout
Heartful Sprout operates in the digital health and wellness sector, focusing specifically on mindfulness, meditation, and emotional well-being. Their approach combines ancient wisdom with modern techniques to offer guided programs and resources designed to support individuals in cultivating inner peace and managing stress.
- Previous funding: Heartful Sprout raised Pre-Seed funding on July 26, 2023, with Fulcrum Venture Accelerator as the investor.
- Location: United States
- Sector: Cardiovascular & Mental Wellness
Fetalix
Fetalix offers a regenerative fetal-inspired biomaterial to treat Low Back Pain (LBP) through a minimally invasive application. Their solution involves a minimally invasive application of this biomaterial, aiming to address the underlying causes of LBP rather than simply managing symptoms.
- Previous funding: In Jan 2024, Fetalix received €15,000 from EIT Health through a Support Program.
- Location: Portugal
- Sector: Regenerative medicine/orthopedics
Health Quest Gaming
Health Quest Gaming blends the power of medicine with the thrill of gaming. It creates immersive experiences to learn about one’s health with a mission to empower individuals with personalised, engaging and clinically sound health education.
- Previous funding: Yet to raise
- Location: United States
- Sector: Wellness & Medical Education
On The Mend
On The Mend is the first digital/mobile platform to offer holistic support across all physical rehab pathways. It uses a comprehensive approach that addresses both physical and mental health challenges. The startup is working towards creating a unique platform with a broad application beyond orthopaedic surgery.
- Previous funding: Raised £50K funding from Innovate UK in Sep 2022.
- Location: United States
- Sector: Wellness & Physical Fitness
UnvAil
UnvAil offers a multimodal co-pilot to help radiologists assess and diagnose patient scans faster and better. It frees up the time spent on analysing, so they can spend time with more patients and reduce wait times.
- Previous funding: Yet to raise
- Location: Germany
- Sector: Radiology & Diagnostics
Final Word
Here’s the complete list of 150 startups as shared by Luis and Rubén in their newsletter, The VC Corner. This list provides insights on startups, innovation, and entrepreneurship, listing startups actively fundraising as of January.
If you’re an investor looking for potential startups, you can check out the startup list for pitch decks of these amazing startups.
Startups raising capital in February and interested in gaining visibility with investors can fill out this form to gain visibility.
-By Alkama Sohail and the AHT Team
