Investment & Transactions

Uwill, a teletherapy platform for college students, raised $30 million in series A financing.

The University of South Florida in Tampa has received $8 million from the U.S. Department of Education to improve school-based mental health programs. 

Wisconsin Gov. Tony Evers has unveiled a $500 million mental health initiative as part of his biennial budget set to unfold over the next two years, declaring 2023 the "Year of Mental Health," WisPolitics reported May 1. 

Wisconsin-based retailer Kohl's has donated $3 million to Children's Wisconsin in Milwaukee to open three mental health walk-in clinics across the state, according to a May 1 report from the Milwaukee Journal Sentinel.

The Detroit Wayne Integrated Health Network is asking the state of Michigan for $227 million to expand its crisis care and residential mental healthcare, the Detroit Free Press reported April 27.

St. Louis-based SSM Health opened a children's behavioral hospital in Edwardsville, Ill., Fox2 Now reported April 27.

Georgia has signed into law a measure that would provide $750,000 to mental health programs for veterans and their families, FOX News reported April 25. 

New York City-based Columbia University has launched a new research hub for psychiatry and mental health made possible by a $75 million donation from the Stavros Niarchos Foundation. 

California's Department of Health Care Services is allocating $17 million of the state budget to support the state's mental healthcare workforce. 

Virginia's medical assistance services department allocated Kepro a $113 million contract to oversee behavioral healthcare utilization and case management for the state's Medicaid program.