Midnight Health cofounders Matt Anderson and Nic Blair
Funding

Insurer nib takes third bite of online scripts startup Midnight Health, pledging $24 million for 77% stake

- June 20, 2023 2 MIN READ

Brisbane online prescription startup Midnight Health has raised $15 million in a Series B with ASX-listed insurer nib stumping up the cash for a third time 19 months to own more than three-quarters of the business. nib’s investment comes as regulators crack down on the sector, forcing medtech companies to shift from online applications for… Read more »

ASX

Pharma giant Pfizer wins over telehealth startup ResApp Health with $179 million takeover

- September 28, 2022 2 MIN READ

The battle for ASX-listed  ResApp Health Ltd is over with pharmaceutical giant Pfizer acquiring the telehealth startup for $179 million. The deal went through this week, having started back in April this year when Pfizer initially offered $100 million – 11.5 cents a share – before increasing its bid to 20.8 cents. Shareholders approved the… Read more »

Midnight Health cofounders Matt Anderson and Nic Blair
Funding

Insurer nib backs Queensland startup Midnight Health in $12 million Series A

- August 31, 2022 2 MIN READ

Brisbane startup Midnight Health has taken on a $12 million Series A investment from health insurer, nib, which values the 18-month-old healthtech brand builder at $48 million. The latest backing follows on from a $4 million initial investment from nib in November 2021. The fresh capital is earmarked towards technology investment, more staff, new product… Read more »

Funding

Telehealth startup Coviu raises $6 million after explosive pandemic growth

- December 7, 2020 < 1 MIN READ

Telehealth venture Coviu has raised $6 million in the wake of the company’s growth during the coronavirus pandemic. The round was backed by Equity Venture Partners, with investment director Daniel Szekely joining the board, alongside the Giant Leap Fund from Impact Investments, the CSIRO’s VC fund, Main Sequence Ventures and the Medical Angels investment group.… Read more »

Topics

Online health social enterprise Umbo sees demand explode in coronavirus response

- May 14, 2020 2 MIN READ

  The medtech and telehealth are sectors that have benefited greatly from the disruption caused by covid-19 as the digital transformation of healthcare escalated dramatically. Among the online ventures riding that wave is Umbo, an online allied health services provider specialising in speech and occupational health. Umbo makes it easier for people to see a… Read more »

Topics

Teleheath startup Coviu is offering free mental health support for depression and anxiety

- July 26, 2019 2 MIN READ

  Telehealth startup Coviu has Swinburne’s National eTherapy Centre has added text chat to its video functions to help people with mental health issues feel more comfortable when they consult with clinicians. A recent spinout of CSIRO’s digital innovation arm, Data61, Coviu has partnered with Swinburne University’s National eTherapy Centre to offer real-time text chat… Read more »

Topics

This healthtech startup is helping the next generation of doctors treat remote Australian patients

- May 6, 2019 2 MIN READ

Access to high quality healthcare in regional Australia is an ongoing challenge, with one enterprising country town, Temora, 420km southwest of Sydney, going so far as to produce a 3-minute music video, “The Great Quack Quest”  in a bid to attract GPs. Technology offers one solution, allowing patients in remote locations to consult with medical… Read more »