HealthTech

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.

East Ventures announces first healthcare fund of $30M

East Ventures, a venture capital firm in Indonesia and Southeast Asia, has on Wednesday announced the firm’s first healthcare-focused fund with the amount of $30 million, which is dedicated to supporting innovative healthcare solutions in Indonesia.

Doctor Anywhere’s Lim Wai Mun on adapting AI strategies in healthcare across diverse markets

In this TNGlobal Q&A with Lim Wai Mun, the Founder and CEO of Doctor Anywhere, he explores how various facets of how #AI is shaping the #healthcare industry. Lim elaborated on how AI has revolutionized #healthtech by optimizing various processes, notably by reducing consultation times and enhancing patient experiences.

Singaporean health deep tech startup Mesh Bio secures investment from East Ventures

Mesh Bio, a Singapore-based health deep tech startup, announced Thursday that it had raised an undisclosed amount of funding from East Ventures, a venture capital firm focusing on Southeast Asia. The funding will be allocated to further develop the digital twin technologies in chronic disease management and to expand its services across Southeast Asia,…

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AI in clinical trials: A game-changer with automation and machine learning

The integration of #AI into clinical trials represents a seismic shift in healthcare innovation. AI's boundless potential spans from precision in patient selection to #data management, protocol optimization, patient engagement, and regulatory compliance.