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Swift Medical Announces New Financing Round to Further Enhance Its AI-Based Wound Care Technology

Digital Health Global

TORONTO–(BUSINESS WIRE)–Swift Medical, a digital health technology company serving wound care providers, is pleased to announce the successful closing of an $US8M round of financing co-led by current investors BDC Capital’s Women in Technology Venture Fund and funds managed by Virgo Investment Group.

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Why have billion dollar digital health companies struggled since the pandemic?

Lloyd Price

There were 368 deals in the digital health space in 2018, with an average deal size of $22.2 The largest funding rounds in 2018 went to companies working on healthcare technology solutions such as Rhythm Pharmaceuticals, which raised $151 million, and Modernizing Medicine, which raised $231 million.