HealthTech

Singapore’s Sweef Capital makes strategic investment in Vietnam’s USM Healthcare

Singapore investment firm Sweef Capital has made strategic investment in Vietnam-based USM Healthcare to increase access to affordable medical devices and orthopedic products.

Indonesian healthtech firm Klinik Pintar closes $5M round led by Altara Ventures

Jakarta-headquartered healthtech company Klinik Pintar has announced an oversubscribed $5 million Series A1 funding round led by Altara Ventures. The round also saw participation from leading healthcare information technology (IT) corporate, Infocom, and existing investors Golden Gate Ventures, Skystar Capital and Venturra.

Singapore’s Doctor Anywhere attracts $40.8M in fresh funding to scale healthcare innovation

Doctor Anywhere, a tech-led healthcare company headquartered in Singapore, has on Thursday announced a $40.8 million Series C1 extension round with participating investors including Square Peg and Novo Holdings. The influx of funds will be directed to strategically drive next-generation healthcare innovation within the company, and to deepen its presence…

Singapore’s MiyaHealth obtains ISO certification and CE mark for its chronic disease management platform

MiyaHealth, a Singapore-headquartered global software as a service (SaaS) HealthTech, has announced that it has secured ISO 13845:2016 certification and a CE Mark for GensuApp, its chronic disease management platform created in partnership with Bioton S.A., a Poland-based biotech company.

Philippine Hive Health acquires HMO service provider Health Plan Philippines, Inc.

Hive Health, a Philippine-based digital health insurance startup, has acquired Health Plan Philippines, Inc. (HPPI), one of the Health Maintenance Organization (HMO) service providers in the country. With this strategic initiative, Hive Health will be able to share its technology and data-driven innovations with HPPI’s existing members.

Singapore’s Perfect Nature raises $740,000 seed funding for subsidiary Snuugo

Perfect Nature, a Singapore-based healthcare and lifestyle company, has secured SGD $1 million ($740,000) in seed funding for its subsidiary brand, Snuugo, the first intuitive and smart wearable breast pump designed and manufactured locally.

Singapore’s Engine Biosciences secures $27M in Series A extension led by Polaris Partners

Engine Biosciences, a Singapore-based company leveraging machine learning and high-throughput biology to discover and develop precision oncology medicines, has on Wednesday announced the completion of a $27 million Series A extension. The financing was led by Polaris Partners, with participation from both new and existing investors, bringing the total funds…

Funding into Mental HealthTech startups takes a hit in 2023: Tracxn

Funding into Mental HealthTech startups takes a hit in 2023 due to the ongoing economic slowdown and other macroeconomic factors affecting the cash flow globally, Tracxn said Wednesday. The mental HealthTech space globally witnessed funding worth $713 million year to date, a 52.5 percent decline from $1.5 billion raised in the same period in 2022.

Singapore’s Mesh Bio attains regulatory approval for HealthVector Diabetes

Singapore-founded health technology startup Mesh Bio has announced the regulatory approval of its HealthVector® Diabetes as a Software Medical Device (SaMD) by the Health Sciences Authority (HSA). HealthVector® Diabetes will be involved in an implementation pilot at Singapore General Hospital (SGH), Tan Tock Seng Hospital (TTSH), and selected polyclinics…

Heidi Health completes $6.3 M Series A capital raise

Heidi Health, an artificial intelligence (AI) health-tech platform, has on Thursday announced the completion of an $6.3 million Series A capital raise to power its growth and product development. The raise was led by Blackbird Ventures - with participation by Hostplus, Hesta, Wormhole Capital, Archangel Ventures, Possible Ventures and Saniel Ventures.