FundamentalVR secures Series B growth investments to disrupt the medical simulation market – expected to be worth $4.2 billion by 2025. BOSTON – August 11, 2022 – FundamentalVR has raised an additional $20 million to significantly accelerate medical skill-transfer and increase surgical proficiency through its world-leading medical simulation platform, Fundamental Surgery. The transaction was led by EQT Life Sciences investing from the LSP Health Economics Fund 2, and joined by prior investors Downing Ventures, Tern Plc and Sana Kliniken. The new investments follow a Series A round in October 2019 and bring the company's total funding to over $30 million. FundamentalVR is the world's first scalable medical simulation platform to combine virtual reality and haptics through data, artificial intelligence, and multimodal learning.

When businesses can connect more personally with their customers, those customers in turn are more loyal. However, as consumer behavior changes, especially as it did over the past 18 months, it is more difficult to establish that connection amid all of the messages put in front of them. Optimove, specializing in customer relationship management marketing, wants to help brands "delight" their customers and keep them coming back. The company, with bases in Tel Aviv, New York and London, raised a $75 million growth investment led by Summit Partners. The SaaS company was founded in 2012 by CEO Pini Yakuel to connect customers with brands and to apply artificial intelligence to customer data to orchestrate the right message to the right customer at the right time, and do it at scale, Yakuel told TechCrunch. "It's easier when you are creating three or five customer journeys a month, but when you really scale and want to do thousands, there is not an easy way to do that," he added.