Health Tech Archives

MTPConnect kicks off $28.5 million health tech accelerator targeting heart disease and diabetes

Startup Daily - September 2, 2024 2 MIN READ

Life sciences accelerator MTPConnect has teamed up with health tech industry giants CSL and Roche Diagnostics to launch a new program backing startups tackling cardiovascular disease (CVD) and diabetes. The $28.5 million Targeted Translation Research Accelerator (TTRA) is backed by the federal government’s $22 billion Medical Research Future Fund and will look to back promising drugs… Read more »

Accelerator

Victoria doctors get a taste of startup life with LaunchVic-backed medtech accelerator

Startup Daily - July 14, 2024 2 MIN READ

The Australian Society for Medical Entrepreneurship and Innovation (ASME) is among seven organisations backed by LaunchVic as part of a $2.4 million program to create pre-accelerator programs to help aspiring founders understand startup life. ASME has partnered with MTPConnect to deliver the Australian Clinical Entrepreneur Program (AUSCEP) in Victoria. It offers clinicians the resources, mentorship… Read more »

Accelerator

Startmate Demo Day: Everbility is transforming work for allied health professionals with AI

Harshdeep Kaur - April 25, 2024 4 MIN READ

Ahead of Startmate Demo Day on May 2 in Sydney at Blackbird’s Sunrise, Startup Daily is profiling the 10 startups involved. Today it’s Everbility, which is using AI to cut the admin for allied health workers. When Angela Mariani and Mani Batra went on their first date in 2020, their shared passion for startups had them seeing… Read more »

Venture Capital

Bupa launches $20 million VC fund to back Australian healthcare startups

Simon Thomsen - February 12, 2024 2 MIN READ

Health insurance company Bupa has launched a $20 million VC fund, Bupa Ventures, to back Australian healthcare startups. Bupa Ventures will support early-stage investment from Seed to Series A and will look to support startups across a broad spectrum of health sectors. Its early focus includes predictive and preventative healthcare, genomics, home care and remote monitoring,… Read more »

health tech is a major focus for OneVentures

Venture Capital

“There is a real shift”: How Australian hospitals are driving a post-COVID healthtech boom

Cec Busby - July 25, 2023 4 MIN READ

Success in the health and biotech space takes time but can be hugely rewarding. However, startups in the sector often need help with significant hurdles, dealing with long development cycles, regulators, massive capital requirements and a higher chance of failure. Since the COVID-19 pandemic, a symbiotic relationship has emerged between Australian hospitals and tech innovators.… Read more »

Accelerator

Applications for ANDHealth’s startup accelerator program are now open

Simon Thomsen - May 22, 2023 < 1 MIN READ

Health tech commercialisation group ANDHealth has opened applications for its ANDHealth+ program accelerator program, seeking 5-7 digital health startup. The program also offers up to $3.75 million in equity-free funding alongside support from a network of experts to help the startups involved scale. ANDHealth+ is funded by the Medical Research Future Fund (MRFF). The program… Read more »

Funding

AI-based eye disease detection startup raises $18 million from US investors

Simon Thomsen - May 15, 2023 2 MIN READ

Melbourne healthtech startup Eyetelligence, which uses advanced artificial intelligence (AI) technology and retinal imaging to screen for eye and other diseases, has raised US$12 million (A$17.75m) from New York investor Ascertain. Eyetelligence’s AI-enabled products are already being commercialised in Australia, including by Bupa Optical and the optometry chain George & Matilda, as well as in… Read more »

Funding

Medtech startup Splose raises $1 million for Allied Health workers to help more people on the NDIS

Simon Thomsen - August 2, 2022 2 MIN READ

Adelaide startup Splose has raised $1 million as it eyes of international expansion for its healthcare practice management platform. Launched in 2018 as a website developer specialising in the needs of Allied Health professionals, Splose quickly identified the challenges providers faced while trying to support participants and manage their obligations under the NDIS. The startup… Read more »

Other tech

How Victoria is unlocking the power of startups for public health

Georgia McDonald - May 18, 2022 2 MIN READ

Victoria’s youth health and wellbeing has been a state priority for decades – but with roughly a quarter of the state’s children overweight (Australian Bureau of Statistics), there’s more that can be done. While schools, parents and government bodies have all been focused on education programs and supporting healthy lifestyle choices, we believe Victoria’s brightest… Read more »

Funding

Health tech startup Consultmed raises $1.2 million to transform patient referrals

Startup Daily - April 14, 2022 3 MIN READ

Health tech startup Consultmed, which set out to “axe the fax” for specialist referrals, has raised $1.2 million in its first venture capital round. Sydney early-stage VC Investible led the raise, supported by healthcare professionals who use the digital healthtech’s product. Consultmed will use the funds to expand its digital platform across hospitals and healthcare… Read more »

Hand holding mobile phone with UK flag and Big Ben in the background

Global tech

Why now’s the time for Aussie and Kiwi techs to set up in the UK

Adam Bub - June 28, 2021 4 MIN READ

The UK is proving to be an effective ecosystem for growth and innovation for Australian and New Zealand tech companies looking to expand internationally. The proof is three Melbourne entrepreneurs, Dennis Volodomanov, Dmitry Levin and Leon Kosher, whose idea, KISA, a simple-to-use mobile phone to meet the needs of the elderly, disabled and visually impaired… Read more »

Other tech

Ben Chong’s top tech trends for 2021: health tech

Benjamin Chong - May 18, 2021 3 MIN READ

In the second of a three-part series, I explore key areas for innovation in 2021 Digital health came of age in 2020. There really is nothing quite like a global pandemic to drive innovation and modernise Australian healthcare infrastructure. And with growing levels of comfort and an increase in the number of health tech businesses… Read more »

Topics

NO MIRACLE CURE: The stark reality for biotech startups

Simon Thomsen - November 6, 2019 2 MIN READ

One of the oldest tropes in journalism is the miracle cure. Startup Daily is old enough to remember when Filipino faith healers were all the rage in the 1980s – think Penn & Teller meets House. More recently, there was US blood-testing startup Theranos, which attracted US$1.4 billion in funding before collapsing last year. Founder… Read more »

Advice

Zova aims to change the way women work out, but not all investors are buying it

Mat Beeche - October 13, 2014 3 MIN READ

Zova, an app targeted at women in the fitness industry is starting to gain some pretty significant traction. It recently become one of just over a dozen apps selected by Apple to be featured as part of the Apple Health Kit with iOS6.

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