Dr Amanda Vrselja

Biotech incubator CUREator tips $12 million into 19 startups tackling global health

- June 2, 2023 3 MIN READ

Biotech incubator CUREator has allocated $12 million in venture funding to 19 projects focused on a range of global health issues, ranging from treatments for lupus, motor neurone disease, brain and ovarian cancer, and inflammatory bowel disease, as part of its second cohort. Backed by the federal government’s Medical Research Future Fund (MRFF), which invested… Read more »


A Kiwi virtual reality startup, oVRcome, which treats anxiety and phobias, is looking for Australian investors

- June 2, 2023 2 MIN READ

A New Zealand entrepreneur who developed virtual reality software to treat anxiety and phobias is heading to Australia as part of a bid to source additional funding to help further enhance his product.  oVRcome founder Adam Hutchinson, from Christchurch, will pitch to investors at the Digital Health Festival in Melbourne starting June 6. Funding will… Read more »

Alex and Chris Naoumidis

Hypnotherapy medtech raises $17.8 million Series A

- March 21, 2023 2 MIN READ

A Melbourne medtech building hypnotherapy-based apps so people can self-manage a range of illnesses has raised a US$12 million (A$17.8m) in a Series A. The round for Mindset Health was led by King River Capital, supported by Andrew Forrest’s Tattarange VC health fund Tenmile, Perennial Partners, impact funds Giant Leap and Alberts, Yard Ventures, WordPress founder… Read more »

R&D, science

Medtech startups can score up to $5 million from a new incubator fund

- March 20, 2023 2 MIN READ

A new medical technology incubator program developed by the Medical Research Future Fund (MRFF) during the former Coalition government will offer up to $5 million in funding for early-stage medical research projects with commercial potential. The $50 million BioMedtech Incubator program is being backed by the MRFF and the Medical Research Commercialisation Initiative. Responsibility for… Read more »

Operation, AI, doctors
AI/Machine Learning

An artificial intelligence ethics expert says Generative AI needs more rules on risk in health and medtech to prevent disasters

- March 16, 2023 4 MIN READ

A new study published in The Lancet by artificial intelligence ethicist Dr Stefan Harrer has argued for a strong and comprehensive ethical framework around the use, design, and governance of generative AI applications in healthcare and medicine, because it has the potential to go catastrophically wrong. The peer-reviewed study details how Large Language Models (LLMs) have… Read more »

Kitea, Simon Malpas

Kiwi remote care medtech Kitea Health raises NZ$6 million for brain implant monitor

- March 9, 2023 2 MIN READ

A New Zealand medtech startup that’s developed a world’s first wireless brain monitor to remotely manage chronic illness has raised NZ$6 million (A$5.6m) to take the device to clinical trials. Kitea Health spun out of the University of Auckland Bioengineering Institute after developing the implantable long-term brain pressure sensor, which could save the healthcare system… Read more »

Jaala Pulford

Former Victorian innovation minister Jaala Pulford takes on chair role at MTPConnect

- February 28, 2023 2 MIN READ

Former Victorian innovation, medical research and digital economy Jaala Pulford,  has joined the board of medtech, biotech and pharma growth centre MTPConnect, replacing Sue MacLeman as chair. Pulford left politics after 16 years at the 2022 state election, and had a strong focus on medical innovation, having established mRNA Victoria and also playing a key role… Read more »

Synchron inventor Professor Nicholas Opie

Jeff Bezos & Bill Gates back Australian brain-computer interface startup Synchron in $110 million Series C

- December 16, 2022 2 MIN READ

Cutting-edge Australian tech scale-up  Synchron, which hopes to give paralysed people the power to control computers with their minds, has raised $110 million in a Series C. Synchron is a clinical-stage endovascular (inside the blood vessel) brain-computer interface (BCI) company founded in 2016 by Dr Tom Oxley and Professor Nick Opie. It is based in Brooklyn, New… Read more »


Vascular imaging medtech raises $8.5 million

- November 14, 2022 2 MIN READ

Sydney medtech startup Vexev has raised $8.5 million to ramp up the global expansion of its 3D medical imaging device. The round was led by San Francisco based deep-tech VC Neotribe Ventures with Blackbird chipping in, alongside, vascular surgeons and imaging firms, Propeller founder Rory San Miguel and Dovetail’s Benjamin Humphrey The new capital is… Read more »