AWAK bags $20M in Series B funding
Despite a challenging market condition, Singapore-based medtech AWAK Technologies has raised more than $20 million in a Series B funding round – one of the biggest funding raises in Southeast Asia this year. The round was co-led by Lion X Ventures and Vickers Venture Partners.
AWAK is developing a portable peritoneal dialysis device that allows users to undergo...
Japanese pharmaceutical company Eisai has established a new digital health business targeting dementia.
WHY IT MATTERS
Eisai's newly formed wholly-owned subsidiary, Theoria Technologies Co., seeks to "accelerate the development of a dementia ecosystem." This ecosystem, according to a press release, will empower people with dementia to "live their fullest lives."
Commencing business in April 2024...
A research project led by researchers from the University of Melbourne will be receiving A$2 million ($1.3 million) in funding and support from Google.org.
The MATCH (Music Attuned Technology - Care via eHealth) project is one of the 15 projects selected for the $25 million AI for the Global Goals grant, which seeks to help organisations accelerate progress towards meeting the United Nation's...
Online health information platform AskDr has been acquired for an undisclosed sum by Health Innovations, a group of medical doctors based in Singapore.
AskDr serves as an online avenue for trusted medical advice and personalised health information. It enables patient-led discussions with doctors as moderators.
Launched during the pandemic, it was run by volunteer doctors who help address medical...
Lissun scores $1.3 million seed funding
Lissun, a mental health platform from India, has collected $1.3 million in seed funding from a round led by Inflection Point Ventures and Rainmatter Capital.
The startup aims to tackle the stigma around mental health by offering consumer-facing solutions through healthcare institutions in a B2H2C model.
According to a press statement, Lissun plans to use...
E-pharmacy MrMed scores half mil for expansion
Online pharmacy MrMed has raised $500,000 from a funding round led by the Tamil Nadu Emerging Sector Seed Fund.
According to a news report, the company will use its fresh funds to expand its team and reach out to more customers.
Launched in 2021, the pharmacy startup offers specialty medicines for cancer, heart disorders, and other critical health...
Flinders University researchers have developed a virtual reality-based programme to encourage people with intellectual disabilities to do regular physical exercises.
WHAT IT'S ABOUT
According to a media release, they have recruited 16 volunteer participants from the Bedford Group – a major employer of people with intellectual disabilities in Australia, to join the eight-week exercise programme...
Researchers from the University of Canterbury have developed a tool that makes respiratory data more accessible for clinicians and patients.
A team of PhD students of UC Engineering developed the software called Breath-to-Breath Observed Biometrics (BOB) that provides real-time breath-to-breath data. It can also interpret this data and generate a report for GPs, supporting data-driven care. ...
The healthcare unit of South Korean diversified conglomerate Lotte has teamed up with iMediSync to co-develop new AI-driven healthcare services.
Based on a press release, the two companies signed a memorandum of understanding to cooperate on a medium-to-long-term joint business venture that leverages AI technology for wellness and senior care. They also intend to work together on some marketing...
New Parkinson's app uses metronome beats to train gait
A new mobile app for people with Parkinson's Disease helps them walk better using metronome beats.
The gait re-training tool, developed as part of a larger clinical trial for PD research, delivers rhythmic metronomic beats that trigger movement.
Now developed separately as an app called Walking Tall, it now features training sessions on...
