Digital therapeutics pioneer Akili Interactive Labs goes public, raising $150M+; trades down 49% first day

Akili Inter­ac­tive is the lat­est com­pa­ny to go pub­lic via SPAC deal (Boston Busi­ness Jour­nal): Boston’s Akili Inter­ac­tive Labs Inc. is the lat­est Mass­a­chu­setts-based com­pa­ny to go pub­lic after com­plet­ing a reverse merg­er — in a year of mar­ket tur­moil that saw few local firms pass­ing the thresh­old between pri­vate and pub­lic sta­tus. Shares of…

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Digital therapeutics pioneer Akili Interactive plans to go public in mid-2022 at a $1B valuation

Pal­i­hapi­tiya-Led SPAC to Merge With Akili in $1 Bil­lion Deal (Bloomberg): Akili Inter­ac­tive, a start­up that has devel­oped a video game to help treat atten­­tion-deficit dis­or­ders in kids, has agreed to go pub­lic through a merg­er with one of Chamath Palihapitiya’s blank-check com­pa­nies. The deal, which con­firms a Bloomberg News report, val­ues the com­bined entity…

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Akili Interactive Labs raises $160M in equity and debt to transform cognitive healthcare via prescription videogame treatments

Akili rais­es $110m to build its dig­i­tal ther­a­peu­tics pipeline (phar­mafo­rum): Endeav­or­Rx became the first and so far only approved pre­scrip­tion video game treat­ment in the US when it was cleared by the FDA last year to treat atten­­tion-deficit hyper­ac­tiv­i­ty dis­or­der (ADHD), and has also been giv­en a green light in Europe.

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FDA clears first videogame to be prescribed to kids with ADHD: EndeavorRx by Akili Interactive Labs

In a land­mark deci­sion, FDA green­lights a video game for kids with ADHD (STAT): The Food and Drug Admin­is­tra­tion on Mon­day for the first time gave a green light to a game-based ther­a­peu­tic: a video game meant to be pre­scribed to kids with ADHD. The game, known as Endeav­or­Rx and devel­oped by Boston-based Akili Inter­ac­tive Labs,…

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