The Weekly Notable Startup Funding Report outlines various ecosystems in the US, detailing significant funding activities across different markets. For the week ending May 17, 2025, notable rounds include Akido Labs raising $60M for its care delivery platform, Avicena Tech securing $65M for optical chip technology, and Bestow obtaining $70M to advance life insurance through tech. Altogether, these startups raised a total of $852M. Others like Cohere Health also made headlines with substantial funding, emphasizing growing investment in health tech.
Akido Labs, launched in 2015, has raised $60M for its care delivery platform supporting vulnerable communities, totaling $81.6M in equity funding to date.
Avicena Tech, founded in 2019, raised $65M to innovate ultra-dense optical chips. With backing from major investors, total funding reaches $97.7M.
Bestow has secured $70M to enhance life insurance with technology, bringing its total funding to $207.5M, reflecting significant growth since its 2016 inception.
Cohere Health has raised $90M to improve healthcare delivery efficiency; total funding stands at $186.1M. The firm focuses on tech-driven solutions.
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