Funding

Canberra medical imaging startup Aurabox banks $500,000 Angel round

- May 5, 2022 2 MIN READ

Canberra medical imaging startup Aurabox has raised $500,000 in Angel investment to transform how doctors and patients collaborate and share medical imaging. Founded in 2021, Aurabox is a software-as-a-service platform that enables the seamless sharing of medical imaging between doctors and patients.  The medtech startup plans to use the funds to complete technical development and run… Read more »

brain
Funding

Cochlear backs medtech startup EpiMinder in $16 million bridge funding round

- March 15, 2022 2 MIN READ

Melbourne-based epilepsy monitoring startup Epi-Minder has raised $16 million  bridge financing round. The raise was backed by existing shareholders including Cochlear, the Bionics Institute, the University of Melbourne and Seer Medical, as well as private investors. The venture plans to use the cash to expand clinical trials for epilepsy monitoring device, Minder, as well as… Read more »

Funding

Kiwi medtech Formus Labs raises US$5 million to transform orthopedic surgery

- February 4, 2022 2 MIN READ

A New Zealand medtech startup that’s developed  the world’s first automated 3D planner for joint replacement surgeries has raised US$5 million. The round coincides with Formus Labs launching its orthopedic surgery planning solution which provides surgeons with unprecedented insight into the pre-operation planning process. The investment was led by New Zealand VC firm GD1 (Global… Read more »

George Kenley, Dean Freestone, Mark Cook
Funding

Epilepsy medtech Seer raises $34 million series A backed by Cochlear

- August 27, 2021 2 MIN READ

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 »

Chris & Alex Naoumidis, Mindset Health
Funding

Hypnosis app medtech raises $6.5 million to tackle menopause, depression and even chronic pain

- June 28, 2021 3 MIN READ

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 »

Flora Salim
Data

RMIT scientists have developed AI to diagnose Covid-19 from a cough – and hope to make it a mobile app

- June 21, 2021 2 MIN READ

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 »

Other tech

Meet Edna: the chatbot that helps patients make a difficult medical decision

- January 4, 2021 4 MIN READ

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 »

Funding

Paul Bassat’s VC fund has doubled down on a medtech startup’s $18 million raise with Malcolm and Lucy Turnbull also backing it

- December 8, 2020 < 1 MIN READ

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 »

Other tech

The ability to save millions from dying of heart failure could be just a lick of spit away, thanks to Melbourne medtech ESN Cleer

- September 23, 2020 2 MIN READ

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 »