Want more health tech deals? Check out the Axios Pro Deals Tracker.
Venture Capital
• Brain.space, a Tel Aviv medical device company taking neurological data to create large mental models, raised an $11m Series A led by Toyota Ventures and joined by Mangrove Capital Partners and The Group Ventures. Go deeper
• Eventum Orthopaedics, a U.K.-based manufacturer of devices for improving knee replacement surgery, raised £3.8m from NPIF II — Mercia Equity Finance. Go deeper
Private Equity
• Advanced Instruments, owned by Sweden's Patricia Industries, agreed to buy Nova Biomedical, a Waltham, Mass.-based maker of analytical testing instruments, for $2.2b (including debt). Go deeper
• Stella Point Capital-backed Qualified Digital, a Berkeley, Calif.,-based digital consultancy agency, acquired Xpediant Digital, a Houston-based content creation platform for pharma and life sciences companies. Go deeper
• Avista Healthcare Partners completed its sale of Solmete, a Northborough, Mass.,-based provider of dental products, systems and consumables to AGIC Capital. Go deeper
• Berkshire Partners and Vistria Group led the merger of Jacksonville, Fla.-based Forcura, a health care workflow management company, and Nashville-based Medalogix, a post-acute care clinical decision support provider. Go deeper
M&A
• Pfizer (NYSE: PFE) is seeking to sell its remaining 662m shares in consumer health products company Haleon (LSE: HLN), per Bloomberg. Go deeper
• Cigna (NYSE: CI) completed the sale of its Medicare Advantage business to Health Care Service Corp. (Nasdaq: HCSC) for $3.3b. Go deeper
Other
• Dassault Systèmes (Nasdaq: DASTY), a French software company, invested in Click Therapeutics, a NYC-based digital therapeutics company. Go deeper
Fundraising
• Bread & Butter Ventures raised $40m for its fourth fund to target seed investments in digital health, food tech and enterprise SaaS. Go deeper
