Qualcomm Ventures has reinvested in Noom, a health app developer that is using human and artificial intelligence interaction to drive behaviour change in people with chronic illnesses or those wanting to lose weight.
Noom, a US-based health app developer, has raised $16.15m in its series B round from investors including Qualcomm Ventures, the investment arm of US-based semiconductor company Qualcomm.
Qualcomm Ventures was joined in the round by South Korea-based venture capital firm InterVest, South Korea-based private equity firm LB Investment, and US-based venture capital firms RRE Ventures and TransLink Capital.
Hanmi IT, a subsidiary company of South Korea-based Hanmi Pharmaceutical, also took part in the round.
Noom also raised $7m in its…
