Huma Secures $80 Million to Revolutionize Digital Healthcare with AI-Powered Platform
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Huma completes Series D funding round with over $80m and launches cloud platform
Huma has concluded this round to further develop its FDA Class II and EU MDR Class IIb platform available to everyone in the world. × Expand Huma Therapeutics Limited Global healthcare AI company Huma Therapeutics Limited has announced the completion of its Series D funding round to cut down the
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Huma Raises $80 Million As It Opens Up Its Digital Healthcare Platform
Digital healthcare company Huma will today announce it has raised $80 million of Series D funding, taking the total amount of investment raised by the company to more than $300 million. London-headquartered Huma, founded in 2011, is also unveiling a new platform service that will, for the first
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Huma raises $80M to turn text into healthcare apps with gen AI
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More The power of AI is touching all sectors, including the highly regulated space of healthcare. Today, London-based Huma, a health-tech company focusing on advancing
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Huma Gets $80 Million to Build 'Shopify for Digital Health'
The platform, announced Tuesday (July 16), is designed to bolster the company's digital health initiatives while also letting others launch and scale their own products. "With its Huma Cloud Platform and the regulatory foundation that it is built on, Huma aims to reduce the time it takes to
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UK scaleup Huma launches 'Shopify-like' platform for digital health tools
UK-based Huma has launched today the Huma Cloud Platform, a "Shopify-like" tool for the healthcare ecosystem to design, build, and launch digital health services. "The digitalization of the healthcare ecosystem is a transformative force that is reshaping how we deliver and experience healthcare
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Huma, a London-based healthcare startup, just raised $80 million to offer new AI services using this 11-slide pitch deck
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. The company is scaling its AI offering and launching a new cloud platform to provide further services to its clients, which include pharmaceutical companies such
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UK-based Huma raises $80 million in funding to expand its digital health platform. The company aims to transform healthcare delivery with AI-powered tools and a 'Shopify for digital health' approach.
Huma's Groundbreaking Funding Round
Huma, a UK-based digital health company, has successfully raised $80 million in a Series C funding round, marking a significant milestone in its journey to revolutionize healthcare delivery
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. The funding round was led by Balderton Capital and saw participation from notable investors such as Nikesh Arora, former president of SoftBank, and David Vélez, founder of Nubank2
.The 'Shopify for Digital Health' Vision
Huma's innovative approach has been likened to creating a 'Shopify for digital health,' aiming to provide a comprehensive platform for healthcare providers to build and deploy digital health applications quickly and efficiently
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. This platform is designed to empower healthcare organizations to create custom digital health solutions without the need for extensive technical expertise.AI-Powered Healthcare Solutions
At the heart of Huma's offering is its AI-powered platform, which leverages generative AI to transform text-based clinical guidelines into functional digital health applications
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. This groundbreaking technology allows for the rapid development of healthcare apps, potentially reducing the time and cost associated with traditional app development processes.Expanding Global Reach
With the new funding, Huma plans to accelerate its global expansion, particularly focusing on the US market
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. The company has already established partnerships with leading healthcare providers and pharmaceutical companies worldwide, including the NHS in the UK and health ministries in Germany and the UAE5
.Related Stories
Impact on Healthcare Delivery
Huma's platform has shown promising results in various healthcare scenarios. It has been used to support patients with chronic conditions, monitor COVID-19 patients remotely, and facilitate decentralized clinical trials
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. The company claims its solutions can double clinical capacity and reduce hospital admissions by over a third, potentially leading to significant improvements in healthcare efficiency and patient outcomes.Future Prospects and Challenges
As Huma continues to grow and innovate, it faces the challenge of navigating complex healthcare regulations and ensuring data privacy and security. However, with its strong funding base and innovative technology, the company is well-positioned to play a pivotal role in shaping the future of digital healthcare delivery
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