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
Artificial Intelligence

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 »

Healthtech

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 »

Healthtech

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 »

News & Analysis

Pharmacy tech startup MedAdvisor is launching home delivery – and its shares are soaring

- March 26, 2020 2 MIN READ

 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 »

News & Analysis

Billionaires backed a brand new healthtech startup using AI to predict IVF pregnancies in a $29 million debut raise

- December 9, 2019 3 MIN READ

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 »

News & Analysis

A biotech startup hoping to vaccinate against gum disease launches with $14 million

- September 26, 2019 < 1 MIN READ

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 »

News & Analysis

Medtech implant startup Osteopore listed today and its shares soared

- September 23, 2019 2 MIN READ

  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 »