Business

Cue received emergency use authorization for its at-home COVID-19 test in March and went public in September.

The new funding round brings the company's valuation to $4.6 billion. 

The company said the latest round brings its total raise to $47 million.

The scheme is being run in partnership with government technology firm PUBLIC.

The pair aim to make AI-enhanced diagnostics accessible beyond hospital settings.

This IPO comes roughly a year after the company closed a $25 million SPAC. 

The company will cater to individuals with serious mental illness and severe depression. 

Nanox also completed the acquisition of USARAD Holdings and its affiliated company, MDWEB.

Also: Pediatric sleep app Huckleberry raises $12.5 million, and illumigyn, maker of a platform for remote gynecological imaging, brings in $33 million.

This week's top stories include the CMS ups penalties for hospitals ignoring the price transparency rule, the ATA and other groups ask Congress to safeguard telehealth for workers, and senior assistance company Papa raises $150 million in Series D funding.