NSW is making a play to be at the cutting edge of drug and vaccine development with a new university-based lab and pre-clinical trial space to create early-stage mRNA and RNA-based drugs. mRNA is the new science behind the Pfizer and Moderna Covid vaccines. While Australia has played a key role in research and development… Read more »
Medical technology startup Seer has raised $34 million in a series A as it looks to expand internationally. Medtech giant Cochlear, multi-family office EWM Group, SG Hiscock and impact investor Giant Leap backed the round. Seer’s technology is focused on clinical monitoring at home, developing devices checking key physiological signals, such as brain, heart and… Read more »
A Melbourne medtech building hypnosis-based therapeutic apps to help people self-manage a range of illnesses has raised a US$5 million (A$6.5m) seed round. San Francisco angel investor and startup founder James Beshara led the round for Y Combinator-backed Mindset Health joined by Giant Leap, Banana Capital, Fifty Years, and several angel investors. Mindset Health partners with health… Read more »
Ground-breaking research by computer scientists at RMIT University has developed an artificial intelligence model that can hear the effects of Covid-19 in the sound of a forced cough, even when people are asymptomatic. While the idea is not new, scientists at Cambridge University and MIT have been investigating the concept, the work at RMIT’s School… Read more »
Virtual reality startup Vantari VR, which has developed the medical version of a flight simulator for doctors, has scored a US$100,000 (A$131k) grant from US video games giant Epic Games, the company behind smash hit video game Fortnite. The Epic MegaGrants are designed to assist game developers and others use Unreal Engine, the commercial game engine… Read more »
A number of technologies and tools got a chance to prove themselves for the first time in the context of COVID-19. Three researchers working in gene-based vaccines, wearable diagnostics and drug discovery explain how their work rose to the challenge of the pandemic, and their hopes that each technology is now poised to continue making… Read more »
Allow us to introduce Edna — Australia’s first “genomics chatbot”. The opening dialogue of Edna the chatbot. Edna (short for “electronic-DNA”) helps patients make informed decisions about seeking “additional findings” testing. Additional findings testing looks for variants in patients’ genes that aren’t relevant to their current health, but may be later on. For example, it… Read more »
Square Peg Capital has led an $18 million round into a three-year-old medtech startup that’s like Tinder for clinical trials, matching researchers with patients. Paul Bassat’s fund led a $6 million series A into HealthMatch, founded by a UNSW med student, in late 2019 following a five-day crash course into the startup, and then joined… Read more »
Melbourne-based ESN Cleer is set to deliver a major medical breakthrough in the next 12 months as it releases the world’s first early risk detection screening for heart disease. The medtech startup has developed a simple saliva test that can be used by GPs to detect early risk for developing heart failure, which kills 10… Read more »
ASX-listed MedAdvisor has fast-tracked plans to launch an “Uber” for pharmacy delivery services as part of the company’s response to the COVID-19 crisis. MedAdvisor (ASX: MDR) shares have soared more than 25% today on the news to close at 42 cents, with the company’s CEO, Robert Read, saying they’d skip a pilot phase and go… Read more »
Brothers Dr Aengus Tran, and Dimitry Tran (pictured), who only launched Harrison.ai, their artificial intelligence healthcare startup, last year, have landed $29 million on debut in one of 2019’s most impressive capital raises. The round was led by Blackbird Ventures, with Hong Kong billionaire Li Ka-shing’s VC firm Horizons Ventures joining in alongside Skip Capital,… Read more »
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 »
A 25-year-old University of New South Wales medical student who launched a medtech startup to solve the problem of finding patients for clinical trials has just raised $6 million in Series A less than a year after launching. Manuri Gunawardena (pictured) is founder and CEO of HealthMatch, which is a bit like Tinder for… Read more »
Launching Denteric are: Melbourne Dental School Head of School Professor Mike Morgan, CSL Senior Vice President of Research Dr Andrew Nash, University of Melbourne Vice-President (Enterprise) Doron Ben-Meir, COHR CEO & Director of Research Professor Eric Reynolds, Member for Higgins Dr Katie Allen and Brandon Capital Investment Manager Ingmar Wahlqvist A new biotech company Denteric, which… Read more »
Investors who backed medical technology company, Osteopore Ltd (ASX: OSX), which listed today, watched the company’s value go through the roof as the shares jumped by 300% in value and nearly a quarter of the 26.25 million shares issued changed hands. Osteopore 3-D prints “bioresorbable” implants for surgery that dissolve as the bone heals. … Read more »
Mr Yum founder Kim Teo on why you shouldn’t take culture for granted – especially during a pandemic
Commercial property startup Inspace raises $4 million pre-series A for global ambitions
Cyber security startup CipherStash raises $3.3 million in seed round
Sydney fintech Parpera raises $1.3 million as it prepares to launch
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