[marothisu]

Healthcare Startup VillageMD Raises $100M

VillageMD landed $100 million in new funding as the fast-growing Chicago startup looks to brings its healthcare technology platform to more doctors.

The Series B round was led by a $75 million investment from Kinnevik, a Swedish investment firm. Other backers in the round include Oak HC/FT, Town Hall Ventures and Adams Street Partners.

VillageMD has now raised more than $215 million to date. It last raised a $80 million round in 2018.

VillageMD partners with primary care providers to help them cut costs and deliver better patient outcomes. The startup provides doctors with data analytics, staffing support and other resources to improve the quality of care.

The company, founded in 2013 by healthcare veterans Tim Barry and Clive Fields, says it has worked with more than 2,500 physicians in eight markets. VillageMD says it will use the new funding to expand to more cities and improve its docOS tech platform.

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Chicago Upstart Lands $16M to Help Cannabis Brands With Advertising

https://www.americaninno.com/chicago...h-advertising/

A young Chicago startup just raised $16 million in its first-ever round of funding to help cannabis companies deliver industry-compliant ad campaigns.

Fyllo announced Wednesday that its $16 million seed round was led by New York-based JW Asset Management and Canada-based K2 & Associates, two investments firms known for backing cannabis-related businesses.

Founded just this past April, Fyllo has created a marketing tech platform for the cannabis industry that helps brands execute and create ad campaigns that comply with state and federal regulations. Marijuana and CBD companies can be fined if one of their digital ads runs in a state where their product is not allowed, or if it’s seen by someone underage. Fyllo says it helps cannabis companies meet compliance requirements at scale, giving brands piece of mind that they’re only advertising to their intended, legal audience.

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Fyllo currently has around 20 employees, and it expects to reach 40 by October, Bronstein said. Along with its headquarters in Chicago, it also has offices in Los Angeles, Denver, New York, Toronto and Tel Aviv.

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Conagra Opening Chicago Innovation Center to Cook Up Its Next Snack Brand

https://www.americaninno.com/chicago...t-snack-brand/

Chicago-based food giant Conagra Brands is building an innovation center in Chicago to create new snacks that appeal to consumers’ ever-changing diet demands.

The 40,000-square-foot space will be home to 50 Conagra employees tasked with creating new snack brands, working on everything from recipes to packaging design.

The new innovation center, which is slated to open in the first quarter of 2020, will feature an expansive kitchen and tasting area, where Conagra can interact with customers to get their feedback on new recipes.