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The ‘Careology Connect’ platform will enable clinicians to remotely monitor COVID-19 symptoms among the 50,000 patients that the clinic has on record.

British integrated optics solutions company Rockley Photonics have raised $50 million in growth funding led by Credit Suisse-backed SIG-i Capital and the venture capital arm of Applied Materials Inc., Applied Ventures, LLC. The optics solutions provider also received backing from deep-tech VCs, institutional funds, strategic investors and existing shareholders.

Dascena's COViage system uses demographic and vital-sign data pulled from a COVID-19 patients' EHR to calculate their risk of hemodynamic instability or respiratory failure.

The company also announced that it raised $15 million in funding. 

The new tool helps synthesize information from EHRs, payers, clinical trials and reports. 

The deal rates Clover at an enterprise value of about $3.7 billion and is expected to close in early 2021.

Like others in the space, the 43-year-old owner of the NordicTrack, Freemotion, ProForm and iFit brands has seen revenues rise amidst social distancing.

The £40 million system is intended to enable researchers to tackle the most pressing medical challenges.

Investment proceeds will primarily fund FDA registration studies and opening of US headquarters.