Summary:
«Ubie, a Tokyo-based startup providing an AI-powered symptom checker app and hospital SaaS products, has closed a $19 million extension to its previous Series C round. This brings the health tech startup’s total funding to $45.2 million in Series C.»
«The extension round consists of 90% equity and 10% debt financing, according to the co-founder and CEO of Ubie Kota Kubo. With this round, Ubie has raised a total of $76 million since its inception in 2017.»
«The startup declined to comment on its company valuation, but a source familiar with the situation, who wished to remain anonymous, told TechCrunch its valuation is now estimated at $250 million. Investors in the latest funding include Sogo Medical, AAIC Investment, Japan Impact Investment, Rakuten Capital, Shoko Chukin Bank, Japan Finance Corporation and Mizuho Bank.»
Article written by Kate Park / Image by The Good Brigade Getty Images
09|12|2022
Source:
Tech Crunch