Synchron inventor Professor Nicholas Opie
Funding

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 »

Funding

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 »

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 »