Investment & Transactions

Greenwich (Conn.) Hospital has raised $4 million to expand its behavioral health services, Greenwich Time reported March 31. 

Nonprofit organization Breakthrough Discoveries for Thriving with Bipolar Disorder was awarded $15 million in grants to further bipolar disorder genetics research. 

Charlottesville, Va.-based UVA Children's Hospital has teamed up with Sentara Martha Jefferson Hospital, also in Charlottesville, to expand pediatric behavioral healthcare and neurodevelopmental care with a new outpatient clinic. 

Chelsea (Mich.) Hospital is closing its adult inpatient behavioral health unit at the end of 2023, WEMU reported April 5.

Indiana University Health in Indianapolis has been gifted $500,000 to bolster its behavioral health resources at its Regional Academic Health Center in Bloomington, Ind., Indiana Daily Student reported March 30. 

California's Department of Health Care Access and Information is granting $151 million toward the state's mental health workforce. 

The United Health Foundation formed a three-year, $2 million partnership with Rainbow Health to expand mental healthcare among LGBTQ residents and people of color in Minnesota.

Chicago-based behavioral health provider Wellington Counseling Group has been acquired by Arc Health. 

Virtual mental healthcare provider Mantra Health secured $5 million in a Series A investment round led by VMG partners.

Here are five mental health startups that raised a total of more than $42 million, as reported by Becker's since March 8: