AI's Emotional Intelligence Gets $50M Boost!

Hey there, wellness warriors and tech trailblazers!

Welcome to this week's Mindtech Bytes, your go-to source for the latest in mental health tech and AI innovation. Let's dive into what's making waves in the world of digital wellness!

Table of Contents

• This Week’s Highlights

  • AI's Emotional Intelligence: The Next Big Thing?

  • Mental Health Startups to Watch

• Who’s trying to disrupt healthcare this week?

• Resources

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This Week’s Highlights

Navigate the medical device word with a compilation of top CEOs in the MedTech space trying to change the world one patient at the time.

AI's Emotional Intelligence: The Next Big Thing?

Looks like AI is getting in touch with its feelings! Hume, an AI startup focusing on understanding human emotions, just secured a cool $50 million in funding

This could be a game-changer for mental health tech, potentially enabling more nuanced and empathetic digital interventions. Imagine an AI therapist that can actually pick up on your mood – we're not quite there yet, but it's an exciting step forward!

Mental Health Startups to Watch

VCs are keeping their eyes peeled for the next big thing in mental health tech. Here are a few startups that are turning heads:

Limbic: This London-based mental health AI company just raised $14 million to enhance their AI-powered mental health assessment tools

Ambience Healthcare: With a fresh $70 million in Series B funding, they're on a mission to give healthcare workers "AI superpowers"

Notable: They've launched Patient AI, using large language models to deliver personalized healthcare recommendations

These startups are pushing the boundaries of what's possible in digital mental health care, from AI-powered assessments to personalized treatment recommendations.

It's like getting a double scoop of ice cream with a side of enlightenment!

Who’s trying to disrupt healthcare this week?

1. Abridge, the leader in generative AI for clinical documentation, announced an additional $150 million investment, leveraging momentum from their product’s rapid uptake among health systems throughout the nation.

2. London–based Limbic, a mental health AI company, raised $14 million in a funding round led by Khosla Ventures and joined Gaingels and Illusian

3. Revolutionizing Artificial intelligence startup Ambience Healthcare raised $70 million in a Series B funding round to “give every healthcare worker AI superpower technology”

4. Notable, a healthcare automation company, launched Patient AI, utilizing large language models and GPT to deliver personalized healthcare recommendations seamlessly to patients.

5. care.ai, an AI-driven Smart Care Facility Platform in healthcare, has partnered with Google Cloud to offer its range of care solutions on Google Cloud Marketplace, including the Virtual Nursing solution, facilitating easier adoption of care.ai's platform by healthcare organizations and care facilities.

Resources

🔎 Browse companies in our AI Wellness / Mental Health company Database!

💰 Raising money? Check out our database of Mental Health/Wellness Funds, Investors and Business Angels in the space.