StartUp Health’s Post

Get ready to be amazed! Hot off the press from EUStartup news, we have an exclusive read on some of Lombardia's most influential wellness startups that are dominating 2023. You don't want to miss this! Here is the link to the post: https://lnkd.in/dJH8WNDC There is talent in every corner of the world, and Lombardia is no exception. Here are some of the brilliant startups and innovative founders who are making waves: Mindwork SOSPEDIATRA SoLongevity Brain&Care Drimbox ACTIVE PHARMA Epsilen Bio founded by founders Angelo Lombardo & Luigi Naldini VitaVi OneClick24 TAKE MI HOME Virtual Fitness AYU SWIM LIFT srl Yome Meetab From delivering quality healthcare to your doorstep, developing transformative therapies, to manufacturing custom supplements. These startups are revolutionizing the wellness industry in Lombardia and beyond. Now it's your turn. Let's get the conversation started. Which startup excites you the most? #EUstartupnews #HealthcareStartups #WellnessIndustry #LombardiaStartups #Innovation (Note: The founder's names are not provided for every startup except Epsilen Bio.)

With public spending cuts, ageing populations and staff burnout all putting pressure on struggling healthcare systems across Europe, providers are increasingly looking to tech solutions to ease some of the burden. Which startups developing hospital tech have investors got their eyes on as we head further into 2024? We asked VCs from LocalGlobe, General Catalyst, AlbionVC and YZR Capital. 🏥 Doccla is one of the first companies to enable virtual wards at scale. Its founding team are highly experienced operators who have joined up remote patient monitoring and care delivery to significantly expand capacity. 🏥 CogStack helps hospitals measure workforce productivity and automate data tasks (including clinical coding). 🏥 Tucuvi automates medical phone conversations with AI, resulting in improved outcomes at lower cost. 🏥 Esper Bionics ' prosthetic devices are engineered to closely mimic the function and aesthetics of natural limbs, enabling users to regain mobility, independence and confidence in their daily lives Kai Nicol-Schwarz dives into the rest of the startups, recommended by Julia Hawkins, general partner at LocalGlobe, Alexandre Momeni, partner at General Catalyst, Molly Gilmartin, investor at AlbionVC and Reinhard Meier, MD MBA, founding partner at YZR Capital. #healthtech #hospitaltech #startups #investors

Beyond the Hype: The Real-World Impact of Video-powered Healthcare Monitoring https://lnkd.in/dir_mhmA The elderly care technologies, startups, and investments will be on a steady and exponential rise in the decades ahead. Video-based vital sign monitoring startups are among the many clusters trying to help create more wholesome support for the 21st-century elderly. In our article, we summarize a few success stories on binah.ai TytoCare Biobeat Everly Health #healthtechs #elderlycare #saas #ai #remotepatientmonitoring #patientcentricity #patientexperience

⭐Exciting news in the world of healthtech⭐ Goldman Sachs Asset Management has raised a whopping $650 million for a Life Sciences Fund, underlining the growing investability and innovation in health technology, especially in AI, as we move through 2024. As we step into 2024, the healthtech industry is witnessing transformative trends, especially in AI, pediatric care, and bridging the health inequality gap. Here's what's capturing investors' and innovators' attention: 🤖 AI-Powered Healthcare Solutions: Advanced AI algorithms are revolutionizing diagnostics, treatment personalization, and patient care efficiency. Investors are particularly excited about AI's potential to transform healthcare delivery. 👶 Focus on Pediatric Healthtech: Innovations tailored for children's healthcare, from developmental monitoring apps to child-friendly medical devices, are on the rise. This market segment is drawing significant interest due to its unique needs and growth potential. 🌍 Bridging the Health Inequality Gap: Technologies aimed at making healthcare more accessible and affordable, especially in underprivileged and remote areas, are gaining momentum. This includes mobile health clinics, telemedicine, and cost-effective diagnostic tools. 📱 Wearable Tech for Kids: Wearable devices designed for children, monitoring everything from physical activity to vitals, are becoming popular. They not only offer health insights but also engage children in their health and wellness journey. 🔬 AI in Pediatric Research: Investment in AI applications for pediatric research is growing, focusing on understanding and treating childhood diseases more effectively. This includes genetic research, drug development, and treatment outcome predictions. 2024 is shaping up to be a pivotal year for healthtech, with AI at the forefront, a growing emphasis on pediatric healthcare, and a strong commitment to closing the health inequality gap. We're excited here at Ogma to be part of the change! #HealthTech2024 #AIinHealthcare #PediatricInnovation #HealthEquality #FutureOfHealthcare

Why Digital Health Startups Should Start Thinking About Their Reimbursement Pathway Earlier Some of the most difficult processes for digital health startups to navigate are those related to reimbursement and coding. Startups will often need to create entirely new codes for their products, so they should start thinking about this sooner rather than later, experts said at a recent conference. https://lnkd.in/gn78MQuS #startups #devices #diagnostics #healthtech #digitalhealth #reimbursement

Meet our Personal Care Managers who is coming out of "Young Alfreds Program" (yes, we took inspiration from the legendary comic character from Batman) at Citraverse Healthcare. In India, the present home caregiving system for elderly has quite a few ruptures - care companions offered by agencies or other big players in the market are not trained enough or paid well, leading to high attrition & unprofessionalism. Plus, health data is not captured for preventive care with hospitals. All this ultimately lead to a poor experience (& sometimes super painful) for elderly and their adult kids. 5 months back, when Ganga Raj and I narrated "let's create Alfreds along with a tech SaaS platform for the industry" to our mentors at large, some took a leap of faith with us by funding for the pilot. We went across the towns in the country, and carefully hired a bunch of highly empathetic, talented individuals who were in care profession. We put them through a rigorous 400 hours of training in Geriatric fundamentals, psychology, physiotherapy, nutrition, elaborate reading/writing proficiency, exposure to world affairs, and health emergency responses. And voila, they come out as sharp, articulate, and far more empowered personal care managers. Take a look at their stories here. If you are looking for a smart, professional Personal Care Manager (like an Alfred from Batman movie) to attend to the elderly 24*7 at home, drop a message to me or at https://lnkd.in/eDh6CaWZ Our co-architects & co-passengers in the journey: - Varun Chawla (build3 | impact accelerator) - Mark Gorman & Brenda Hetrick (US) - Dheeraj Rajagopal (Google DeepMind) - Derek Nazareth (Villa Alina / UK) - Sahil (Delhivery) - InfoEdge CfE Ashoka University - Apurv Agrawal (SquadStack) & Vishnupriya Sainath who stayed with me from day 0.

With public spending cuts, ageing populations, and staff burnout, healthcare systems in Europe sense pressure, increasing the demand for tech solutions to ease the burden. VC money has been invested in European startups developing tech for hospitals and clinics, with 3.6bn invested in 2021 and 2022. While 2023 saw just $771m invested in the sector. Molly Gilmartin, Investment Manager AlbionVC shared with Kai Nicol-Schwarz at Sifted her thoughts on high potential hospital tech startups - alongside other VC investors (LocalGlobe, General Catalyst, YZR Capital). Here is the list of 12 hospital tech startups to watch: https://lnkd.in/eHED4EFf #Healthtech #startups #VC #venturecapital #healthcare #hospital #tech

What’s happening in Aussie healthtech? 💊🎉 🧠 Brandon Capital, ANDHealth and Dementia Australia, are launching a new $50m Incubator on Dementia and Cognitive Decline 🖊️ Best Practice Software partnered with Lyrebird Health to integrate their AI transcription tool 🍌 The Queensland Venture Capital Development Fund named 5 VC firms to share in $130m & health accelerator LuminaX announced support from the fund for the next 2 years 🩹 OneVentures officially returned it’s first fund with 4x returns to investors. Needle-free vaccine patch Vaxxas was one of their star performers 🪁 Startmate's Summer24 Accelerator cohort was announced ft: ⭐ Everbility: AI-powered report writing co-pilot for allied health professionals ⭐ Graphics et al. al: software for quick creation of accessible health diagrams and animations i.e. Canva for medicine ⭐ Kite Therapy: 99% cheaper early childhood autism therapy, by coaching parents to implement therapy at home 📈 ANDHealth released a report with L.E.K. Consulting stating for every $1 invested into their accelerator, $19.70 in capital is raised and $4.2 in gross economic value is delivered by digital health SMEs 📞 Telstra Health launched Smart Connected Care, a “ecosystem of digital health solutions” to provide a single gateway for care providers to integrate and streamline workflows in the digital health ecosystem 📱All aged care workers can now access a free dementia education app, Ask Annie that provides 24/7 behaviour support planning 🤰 RMIT University developed a rapid test for Group B Strep in expecting mothers which could cut detection time from 5-7 days to just 15 mins 🧪 Regrowing peoples tumours improves cancer outcomes? Researchers at the WEHI (Walter and Eliza Hall Institute of Medical Research)  have developed a new method for bowel cancer treatment using tumour organoids, grown from a patient's own tissue, to pre-test chemotherapy drugs in a clinical feasibility trial. The study demonstrated the organoid drug testing's ability to predict treatment responses for patients with 90% accuracy Keen for the links & delicious deets?? 🍩🙌 Take a gander at last week's newsletter linked in the comments below👇😊 --- PS - if you liked this and are keen to join >6930 legends getting health tech and innovation news dropped weekly direct to your inbox, subscribe to the newsletter, What the Health below 💜 📩 #healthtech #health #healthcare #digitalhealth #medtech #biotech

Wundrsight Health Secures $400K in Seed Round to Expand VR-Based Mental Health Solutions Full News - https://lnkd.in/gRtkGvbv #startup #seedfunding #startupnews #healthtech #technews #technewsdaily #fyi9 . Vikram Ramasubramanian, Partner, Inflection Point Ventures - “The mental health crisis is more alarming than ever; solving it with just traditional methods is often limited to accessibility, personalized treatment, and engagement. Many people start therapy but frequently drop off due to ineffective retention and engagement strategies. Wundrsight is at the forefront of addressing these issues by bringing in digital therapeutic and mixed reality technology like Virtual Reality to create personalized, immersive, and effective mental health care experiences. VR augments current solutions, helping to retain and engage users more effectively, ensuring they achieve their results. At IPV, we believe in Wundrsight’s vision to make mental wellness accessible to all through technological innovation.” . Raunak Swarnkar, Co-Founder - “We’re at a pivotal moment in mental health care, especially now as innovative software-based medical devices are getting regulatory approvals for prescriptions. “Hospitals and clinics globally face immense pressure to provide high-quality, scalable mental health services despite a shortage of clinicians. Our VR-based solutions not only reduce the need for medication but also enhance clinician efficiency, allowing for safe, standardized and effective treatments. This funding will help us expand our reach and impact in India and APAC. We look forward to entering the US market next where VR therapy has received CPT codes for reimbursement from insurance providers.” Nishtha (Nish) Budhiraja 🏳️🌈 FYI9

🚀 With this deck, Hinge Health Raises $300 Million in Series D at a $3 Billion Valuation 🚀 - Hinge Health, a pioneering startup in the digital health space, has just raised an impressive $300 million in its Series D round, securing a valuation of $3 billion! 🩺💰 - This funding round, driven by top investors, is a testament to the growing demand for innovative, tech-driven healthcare solutions. 👉🏻 Key Highlights: 🔷 Funding Amount: $300 Million 🔷 Valuation: $3 Billion 🔷 Lead Investors: A mix of leading venture capital firms and strategic investors. 🔷 Purpose of Funding: Expand product offerings, enhance R&D, and scale operations globally. 👉🏻Why This Matters: 🔷 Digital Health Revolution: Hinge Health is at the forefront of the shift toward digital-first healthcare, offering cutting-edge solutions for musculoskeletal (MSK) conditions. 🔷 Scalability: This capital will enable Hinge Health to broaden its reach, making its services accessible to millions more patients globally. 🔷 Technological Advancements: Continued investment in AI, machine learning, and wearable tech will enhance personalized care and treatment outcomes. 👉🏻 Facts & Figures: 🔷 Total Funding: With this round, Hinge Health has raised over $426M, positioning itself as a dominant player in digital healthcare. 🔷 Growth Trajectory: The company’s valuation surged from $1B in 2020 to $3B in 2024, reflecting rapid market adoption and expansion. 🔷 Customer Base: Hinge Health’s platform serves over 400 employers and health plans, including 25% of the Fortune 500. 🔷 Innovation: The funds will fuel R&D, expand the product offering, and scale operations, particularly in integrating AI and remote care. 👉🏻 Strategic Focus: 🔷 Product Innovation: Introducing new features like real-time virtual physical therapy and AI-driven personalized care plans. 🔷 Global Expansion: Targeting new markets in Europe and Asia to address the global MSK pain crisis. 🔷 Partnerships: Strengthening collaborations with healthcare providers, insurers, and employers to enhance service delivery. 👉🏻 What’s Next? - Hinge Health’s innovative approach to MSK care is revolutionizing how chronic pain and injury recovery are managed. - With this significant financial boost, the company is set to further disrupt the healthcare industry by providing accessible, effective, and scalable digital health solutions. 👉🏻 Takeaway for Founders: - Strategic funding isn’t just about capital—it’s about positioning your startup for sustained growth and innovation. - For those keeping an eye on the health tech space, Hinge Health’s trajectory is a clear indicator of where the future of personalized healthcare is heading. 🔰 P.S.: Let me know in the comment section, which startup's deck you want to see next. #startups #founders #funding #healthtech #startupgrowth #india #venturecapital #digitalhealth #innovation