Nick Stone, Bupa
Venture Capital

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

- 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 »

Bronwyn Le Grice
Accelerator

Applications for ANDHealth’s startup accelerator program are now open

- 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 »

Prof Mingguang He.
Funding

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

- 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

- 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 »

Woman ethereal
Other tech

How Victoria is unlocking the power of startups for public health

- 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 »

Consultmed founders Vikram Palit
Funding

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

- 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 »

Topics

NO MIRACLE CURE: The stark reality for biotech startups

- 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 »