June 4, 2019
Taiwan-based health tech startup iWEECARE announced that it has raised $1M in Pre-Series A funding, led by Singapore-based Verge HealthTech Fund, alongside Taiwan/US-based Translink Capital and Darwin Venture. The company also just received regulatory approval to market its flagship product, Temp Pal, the world’s smallest smart thermometer, in both the EU and Taiwan.
What’s it about
Temp Pal is a...
May 9, 2019
This morning a private equity firm by the name of Warburg Pincus merged DocuTAP, maker of a tablet-based EMR and practice management software, with Practice Velocity, an urgent care EHR company. The firm plans on uniting the two companies under the name Experity.
WHAT’S THE IMPACT
After the merger, the company promises existing clients that it will continue to support all platforms and service....
May 9, 2019
Sydney, Australia-based tech accelerator BlueChilli and Enterprise Singapore, an economic agency under the Singapore Ministry and Trade and Industry, announced that they will partner to launch a Singapore-based health tech accelerator to spur innovation and build startups that address health challenges and opportunities in Southeast Asia.
BlueChilli has also joined Enterprise Singapore’s Startup...
May 3, 2019
With a focus on employee health, Fitbit reported a 10% year-over-year increase in revenue this past quarter, coming in at $272 million. This quarterly uptick in revenue is part of an upward trend for the wearable company that was once spiraling in losses.
While smartwatches and trackers remained the bulk of the wearable company’s business, its Health Solutions program, a service catering to...
Screengrab of QTC Care's website.
April 29, 2019
Established in the US in 2013, Shanghai-headquartered QTC Care, a healthcare platform that uses AI to streamline treatment recovery and disease prevention, announced that it has raised $7M in series A funding. The investment was led by a Chinese internet giant, Tencent, followed by several other top investors in China. Just last week, Tencent-backed Trusted Doctor said that it had raised $250M in...
April 26, 2019
China's Tencent Trusted Doctor, a venture backed by tech giant Tencent Holdings, announced that it had raised $250M in a fundraising round. The investment was led by Country Garden Holdings, Tencent Holdings and Sequoia Capital, Tencent Trusted Doctor said in a statement.
The fundraising marked the first investment since the entity was formed through a merger of Tencent Doctorwork and Trusted...
mfine's founders Ashutosh Lawania (left) and Prasad Kompalli (right). Credit: mfine
April 25, 2019
mfine, a health-tech AI startup from India has raised $17.2M in Series B funding. The investment was led by SBI Investment, a Japan-based venture capital firm and a subsidiary of the SBI Group. Singapore-based SBI Ven Capital which is SBI Group’s Southeast-Asian investment arm and tech-focused global venture capital firm BEENEXT also participated in the round alongside existing investors,...
April 18, 2019
Aidoc, an Israel-based provider of AI solutions for radiologists, announced that it has raised $27M, bringing its total funding to $40M. The Series B round, led by Square Peg Capital, will be used to grow Aidoc's technology and go-to-market team to support the high market demand for its products.
The funding comes as Aidoc announced that it has analysed its millionth patients CT scan in real-time...
April 9, 2019
Medigo (not to be mistaken for German Berlin-based medical travel startup of the same name), an Indonesia Jakarta-based health-tech startup that was founded in May 2018, recently announced that it has raised seed funding from Venturra Discovery, the new seed investment arm of Venturra Capital.
Venturra Capital has investments in tech startups in the Southeast Asian region across different...