investment

By Tammy Lovell 01:32 am April 1, 2020
London-based startup Air Doctor, has raised a Series A funding round of $7.8 million from Kamet Ventures – the AXA-backed venture builder – and The Phoenix Insurance Company. This latest round follows Air Doctor’s seed round of $3.1 million in July 2018. WHAT THEY DO Founded in 2016, Air Doctor connects travellers who fall sick abroad with local private physicians who are skilled at treating non-...
By Leontina Postelnicu 07:23 am February 14, 2020
Alzheimer’s Research UK is launching a project to improve early detection of neurodegenerative diseases such as Alzheimer's through the use of technology, the charity announced on 11 February. Having already secured funding from Microsoft founder and philanthropist Bill Gates, as well as the Iceland Foods Charitable Foundation, the plan is for the initiative to attract up to £100m over the course...
By Tammy Lovell 12:29 pm January 31, 2020
Health tech venture-backed investments continued strong in 2019, hitting a record and cementing health tech as the fastest growing healthcare sector, according to a report by Silicon Valley Bank (SVB). The Healthcare Investments and Exits Report predicts that health tech investments in Europe and the US will continue to rise in 2020, driven by provider operations and alternative care companies....
By Leontina Postelnicu 04:14 am October 22, 2019
It’s no secret that the tech industry has a diversity problem. In June, a magazine featured an image of 15 male executives from Silicon Valley, who were meeting in Italy, in which two female tech entrepreneurs were photoshopped in after the fact. While many in the industry are waking up to the issue, with some jumping on the bandwagon and others remaining behind, a number of innovators are...
By Leontina Postelnicu 06:57 am August 15, 2019
German startup secures funding. Berlin-based digital health startup mika has landed a seven-figure financing deal from venture capital firm Ananda Impact Ventures and VC Fonds Technologie Berlin, managed by the IBB investment company. The exact sum was not disclosed to the media. The startup, founded in 2017 by Dr Gandolf Finke and Dr Jan Simon Raue, has developed an app to support cancer...
By Leontina Postelnicu 06:09 am August 8, 2019
NHSX, the new unit for digital, data and technology, and the Accelerated Access Collaborative, the umbrella organisation for UK health innovation, are setting up a national AI lab in what is seen as the latest effort to move the NHS into the digital age. WHAT HAPPENED Health and social care secretary Matt Hancock unveiled the plans this week, with the new lab set to be supported by a £250m fund...

From left to right: Wojciech Radomski, StethoMe CEO and cofounder, Dario Mazzella, META Group innovation expert, Friedrich Lämmel, Thryve CEO and cofounder

By Leontina Postelnicu 03:36 am June 12, 2019
Last week, Santosh Mohan, managing director of the Brigham Digital Innovation Hub, cautioned during an Enterprise Insights Series event in Boston that the digital health market was still in its “early days”, with many expectations unfulfilled as of yet. “I want to say we are not in an investment bubble. I think the digital health solutions have started to show value and we are moving beyond...

Credit: Tencent

By Dean Koh 12:08 am 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...

Above image: The Dinsow mini, an elderly care robot made by Thai manufacturer CT Asia Robotics​. Credit: Dinsow Elderly Companion

By Dean Koh 02:20 am February 8, 2019
Under its Thailand 4.0 vision, Thailand plans to leverage on its reputation and excellence in medical services and medical devices and strengthen its position as the regional medical hub. To promote medical robotics, Thailand Board of Investment (BOI) has offered a wide range of investment promotion incentives related to three targeted activities – manufacture of automation machinery/equipment...
By Leontina Postelnicu 04:15 pm August 16, 2018
Cambridge, England-based health tech company Healthera has raised $3.8 million (£3 million) in a Series A funding round led by Accelerated Digital Ventures, with participation from Cambridge Enterprise and Future Care Capital, to accelerate its expansion across the UK and ‘triple the size of [its] commercial force’, according to Managing Director Martin Hao. Healthera’s solution, already listed...