Venture Capital: Tennis Star Serena Williams Leads $12M Round In Juno Medical

Juno Medical is a virtual and in-office healthcare provider.
Juno Medical operates a tech-enabled healthcare model designed to meet the everyday healthcare needs of “the 99%”, focusing on revitalizing neighborhoods alongside delivery of a beautiful environment, transparent pricing, and exceptional care. The company last month raised a $12 million Series A co-led by Julian Eison, Managing Partner at NEXT VENTURES, and Serena Williams, Managing Partner at Serena Ventures. (Mobi Health News)
Other participants in the round included Vast Ventures, which led Juno’s seed round, Empire State Development’s New York Ventures, TXV Partners, Genius Guild, Gaingels, and previous investors Atento Capital and Humbition.
With this round, Juno has raised a cumulative $28.4 million. It will use the new funds to expand into new markets and hire new providers. The company plans to open new clinics in historically marginalized communities, as well as to scale its technology platform.
“We are honored to partner with Juno to expand upon their inclusive, full-service healthcare home model where people from all backgrounds feel seen, heard and welcome,” said Serena Williams, Managing Partner of Serena Ventures. “There is a serious need to address equity issues in healthcare, mental health and wellness services that many communities face. Juno and its talented team have the vision, model and track record to disrupt the unacceptable status quo in healthcare.”
Related Story: At Home Healthcare Provider DispatchHealth Lands $330M Funding

Latest Alternative Investment News

FinTech: Klarna’s All-In Efforts To Achieve Profitability Getting Traction
Swedish fintech company Klarna achieved a significant improvement in its financial performance during the first quarter, as it halved its net loss compared to the same period last year. The…

Alternative Investments/AI: Euclidean Technologies Launches ETF For AI-Selected Value Stocks
Seattle-based investment advisor Euclidean Technologies Management has launched its first exchange-traded fund (ETF), the Euclidean Fundamental Value ETF (ECML US). The actively managed US equity fund utilizes artificial intelligence (AI)…

Venture Capital: Matrix Partners Raises $550M For Its Fourth India Fund
Matrix Partners India, a venture capital firm focused on investments in India, has announced the closure of its latest fund, securing over $550 million in commitments. This new fund from…

Artificial Intelligence: AI Helps Researchers Find A Compound To Kill The Drug-Resistant A. baumannii Bacterium
Scientists at MIT and McMaster University have used artificial intelligence (AI) to identify a new antibiotic that can combat drug-resistant infections caused by Acinetobacter baumannii. The bacterium is commonly found…