Element Science Raises $145.6 Million Series C Financing To Advance Next-Generation Digital Wearable Platform

Element Science, a health technology company with a digital wearable platform focused on high-risk cardiovascular consumers transitioning from the hospital-to-home, announced that it had raised $145.6 million in Series C financing. The funding round, led by Deerfield Healthcare and Qiming Venture Partners USA, includes Cormorant Asset Management and Invus Opportunities, as well as participation from existing investors Third Rock Ventures and Google Ventures. The new funds will enable completion of clinical studies through commercial launch of the company’s initial product, the Jewel Patch Wearable Cardioverter Defibrillator (P-WCD), an unobtrusive, low-profile personal defibrillator designed . . .