Temasek, corporate VCs buy into prescription digital med hopes in Akili's $55M Series C
Just how hot is “prescription digital medicine” these days? Ask the investors backing Akili Interactive, who collectively sank $55 million in a Series C announced this morning.
Boston-based Akili, a PureTech affiliate, is developing a late-stage video game for pediatric attention deficit/hyperactivity disorder (ADHD) alongside other software programs in autism, depression and multiple sclerosis. Temasek led the latest round, with participation from corporate VCs like Amgen Ventures and M Ventures (of Merck KGaA) as well as Jazz Venture Partners, Baillie Gifford and Canepa Advanced Healthcare Fund — a group that co-founder and CEO Eddie Martucci describes as bringing “successful long-term track records in innovative technology, medical device and pharmaceutical investment.”
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