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Tyto Care raises $25M to continue telehealth device rollout

Israel-based telehealth provider and device maker Tyto Care has raised $25 million in Series B funding, the company announced today.

The round was led by Ping An Insurance Group Company of China’s Global Voyager Fund, as well as a collection of new and returning investors. Included among those returning are Cambia Health Solutions, Walgreens, Orbimed, Fosun Pharma, and LionBird, whereas Israeli digital health fund Qura and Ping An join as new investors.

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