AI is set to reshape healthcare! Medtech startup Qure.ai has secured $65 Mn (INR 543 Cr) in a Series D funding round, co-led by Lightspeed Venture Partners and 360 ONE Asset Management. The round also saw participation from Merck Global Health Innovation Fund, Kae Capital, and existing investors Novo Holdings, Health Quad, and TeamFund. This funding will be used to: 1. Expand in the US and other global markets 2. Enhance its GenAI foundation models 3. Support future acquisitions Founded in 2016 by Prashant Warier, Qure.ai leverages AI to revolutionize medical imaging diagnostics, detecting critical conditions such as brain trauma and chest diseases from X-rays, CT scans, and MRIs in record time. The impact of AI in healthcare is immense, addressing bottlenecks in diagnostics, drug discovery, patient management, and even surgical robotics. It is evident that India's medtech sector is booming! Startups like SigTuple and Visit Health raised significant funds, and Innovaccer is in talks for a $200 Mn-$250 Mn funding round,Last month. SOurce - https://lnkd.in/dekh2qSs Prashant Warier Kudos to the team Dr Abhilash O V Manishkumar Jain Hardik Solanki Dr Ishan Yadav M Nagarajan #MedTech #AI #HealthcareInnovation #DigitalHealth #QureAI #Startups #Funding #Tech
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Public Exits Are Getting More Feasible In The Medtech Space – MedCity News - MedCity News #PublicExits #MedTech #Feasibility Public Exits Are Getting More Feasible In The Medtech Space A recent trend in the healthcare IT industry is the increasing feasibility of public exits for companies in the medtech space. This trend is driven by various factors such as capital availability and market demand. #MarketTrends #InvestmentOpportunities Market Trends and Investment Opportunities With the rise of digital health technologies, there is a growing demand for innovative solutions in the healthcare industry. This has created new investment opportunities for companies in the medtech sector looking to go public. #RegulatoryEnvironment #Compliance Navigating the Regulatory Environment and Ensuring Compliance One of the key challenges for medtech companies seeking ai.mediformatica.com #medtech #startups #this #report #pitchbook #cost #healthcare #medcity #news #outdated #digitalhealth #healthit #healthtech #healthcaretechnology @MediFormatica (https://buff.ly/3MdOLkZ)
Public Exits Are Getting More Feasible In The Medtech Space - MedCity News
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The Bengaluru-based healthtech startup SigTuple has obtained Rs 33 crore ($4 million) in an extended Series C funding round led by SIDBI Venture Capital Ltd, with support from existing investors like Endiya Partners and a few undisclosed healthcare sector players. In its previous Series C round, the company raised around Rs 192 crore, including a top-up of Rs 34.5 crore in March last year. The startup’s total funding now stands at nearly $45 million. SigTuple develops advanced medical solutions using robotics and artificial intelligence (AI) to conduct high-volume screening tests that involve manual analysis of visual medical data. SigTuple has also extended its reach into Southeast Asia, the Middle East, and North Africa through a partnership with Horiba Medical, which serves as its distribution channel in South Asia. The company is now aiming to expand into Europe and the Americas. Want to dive deep? For premium market intelligence and insights, explore VCCEdge.com #Healthtech #SeriesCFunding #StartupFunding #InvestmentNews #RoboticsInMedicine #GeographicalExpansion #MedicalInnovation #HealthcareTech #TechFunding #BengaluruStartups #EndiyaPartners #SIDBIVentureCapital #HealthcareAI #FundingRound #ArtificialIntelligence #Shonit Tathagato Rai Dastidar
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The Latest Startup Funding Buzz 1. TailorMed, a leading innovator in healthcare technology, announced a $40 million financing round combining equity and debt. 2. Iontra Inc, a leader in next-generation battery charging technology, completed a $45 million Series C funding round. 3. OneRail is a leading provider of solutions in the last mile omnichannel fulfilment. They raised $42 million in their Series C funding round. 4. VISO TRUST, a leader in AI-powered third-party risk management (TPRM), they secured $24 million in a financing round. 5. OneCell Diagnostics Inc. is a genomics-based precision oncology company, providing comprehensive genomic solutions for better cancer management. They raised $16 million in an oversubscribed Series A round. 6. Epic Cleantec, a leading innovator in water reuse technology for the built environment, closed $12 million in a Series B funding round. 7. Nivoda, the leading digital marketplace and supply chain for the diamond industry, today secured $51 million in funding. 8. Enveda, a biotechnology company using AI to translate nature into new medicines, announced an oversubscribed $130 million Series C funding round. Startups and funding alert on WhatsApp: https://lnkd.in/dDmwtnNH #ai #genai #funding #startups #appdevelopment #datingapps #appscrip #ecomapps #logistics #telemedicine #transportation #creatoreconomy
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Bengaluru-based neurotech startup Nexstem has raised $3.5 million in a funding round led by investors such as InfoEdge, Zupee, Smile Group , and Gruhas . This investment will enable Nexstem to scale its groundbreaking brain-computer interface (BCI) technology, expand its IP portfolio, and accelerate global growth, especially in American and European markets. Nexstem’s flagship BCI platform, Instinct, uses AI to process biosignals, allowing seamless human-device interactions. Co-founder Siddhant Dangi stated, “With this funding, we are advancing the BCI ecosystem, harnessing complex biosignal data to create innovative solutions across sectors.” By reducing costs, Nexstem democratizes access to neurotech, paving the way for sci-fi-like applications in longevity and telepathy. With the BCI market forecasted to hit $400 billion in the US alone, Nexstem aims to launch new technologies and expand into defense and consumer markets. #Nexstem #Neurotech #BCI #BrainComputerInterface #DeepTech #VentureCapital #Innovation #Technology #StartupFunding #AI #TechNews #SiddhantDangi #Management #Creativity #Futurism #Startups #Marketing #SocialMedia #SocialNetworking #Motivation
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𝗡𝗲𝘄 𝗔𝗜 𝗠𝗲𝗱𝘁𝗲𝗰𝗵 & 𝗕𝗶𝗼𝘁𝗲𝗰𝗵 𝗔𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗼𝗿 𝘁𝗼 𝗹𝗮𝘂𝗻𝗰𝗵... ✨ The Johns Hopkins University, CareFirst BlueCross BlueShield, and Techstars are launching an #accelerator focused on healthcare #AI. The 13-week program will invest in up to 12 startups per cohort, with investments up to $120,000 per startup. 💡 Techstars has a solid history in #healthtech with over 600 companies, including Ovia Health, Owlet Baby Care, PillPack (acquired by Amazon), and Ginger (merged with Headspace). 💡 In H1 2024, #AI-driven startups have already attracted substantial #venturecapital interest, with the sector seeing a 40% increase in funding compared to 2023 💡 According to Rock Health, 38% of all #digitalhealth funding in H1 went to AI-focused startups 💡 In H1 2024 #AI startups in #Medtech, #Biotech and #Healthtech have raised over $2.8 Billion, marking a significant rise from H1 2023 Read the full article below: ⤵ https://lnkd.in/eZeQCsPu #medtech #healthtech #biotech #artificialintelligence #AI #startupaccelerator #startup #vc #venturefunding #executivesearch #medicaldevice #recruitment #healthcare
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Cloudphysician Healthcare, a #healthtech #startup, has secured $10.5 million in a Series A round led by Peak XV Partners. The capital will be utilized to accelerate Cloudphysician’s growth and operations in India, as well as to further expand into a variety of established and emerging markets, including the United States. Cloudphysician is a full-stack #AI and operations company that #collaborates with hospitals to oversee patients in their emergency departments and intensive care units. Founded in 2017 by Dhruv Joshi and Dileep Raman, #Cloudphysician is a #healthcare company reimagining the delivery of critical care via Smart-ICU solutions. To share your startup story write us on - [email protected] #funding #latestupdates #startup #Cloudphysician #news
[Funding News] Cloudphysician Secures $10.5 Mn Series A Funding Round from Peak XV Partners
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Challenges and Opportunities- For Healthcare Startups in 2024. The Healthcare sector is currently facing a wave of innovation and investments. In 2021 there were 2000 health-tech startups in India. (Data Courtesy: Statista) The startups are creating innovative technologies that are optimising patient care, healthcare delivery and reducing the cost. But Healthcare startup in 2024 is filled with both hurdles and hope. Let's look into the carousel. #InnovationInHealthcare #ArtificialIntelligence #AIInHealthcare #softwaredevelopment #mobileappdevelopment
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Post-Covid, India's Healthcare DeepTech space has gained momentum! Here are key application areas and some inventive DeepTech startups transforming healthcare in India. To learn more, download our report: 'India's DeepTech Dawn: Forging Ahead' here ➡️ [Link in the comments] Zinnov | Achyuta Ghosh | nasscom deeptech | Namita Jain | Dhiraj Sharma | nasscom startups | Cloudphysician | BioScan AI Innovative Solutions | DeepTek | TESLON #DeepTech #Startups #HealthTech #TechTrends #TechnologyNews #AI
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#GenAI #Healthcare #Startups Attract Record #Investments Amidst Overall #Funding Decline Despite a significant drop in overall healthcare startup funding, investments in #generativeartificialintelligence (GenAI) healthcare startups have surged dramatically! According to GlobalData Plc, these #startups saw investments rise from $81 million in January 2022 to a whopping $439 million by June 2024. 💡 Key Insights: 🔹 GenAI #VentureCapital Deals: $447 million in H1 2024 🔹 Overall Healthcare Startup Funding: Declined by 65% over the same period 🗣️ Expert Insight: Charlton Media Group's Healthcare Asia quotes Manish Dixit, Practice Head for #DisruptiveTech at #GlobalData, highlights that this surge is driven by GenAI's potential to enhance #diagnosticprecision, advance operations, and improve patient outcomes. "AI-assisted decision-making is becoming a cornerstone for healthcare companies aiming to reduce operational costs and optimize their services," Dixit says. 👉 Why Invest in GenAI Healthcare Startups? 🔹 Revolutionize Diagnostics: Enhances precision and accuracy. 🔹 Optimize Operations: Streamlines processes and reduces costs. 🔹 Improve Patient Outcomes: Provides better, more personalized care. 🔍 Dive deeper into this transformative trend and stay ahead in the healthcare innovation race! #Decodethefuture #GlobalData Archi Dasgupta GlobalData Technology Prathyusha Paruchuri Pranjali Mujumdar
GenAI healthcare startup investments surge amidst funding drop
healthcareasiamagazine.com
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- 🌐 Singapore’s healthtech startups raised $409M in 2022, doubling deal volume. - 💡 Startups innovate with AI and remote monitoring, improving healthcare access. - 💸 Despite potential, startups face funding and regulatory challenges. - Want full insights? Subscribe to Tech in Asia to read the entire article.
Why Asia’s future hinges on healthtech startups
techinasia.com
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