The Straits Times Online reported on SGInnovate's investment in MediLOT Technologies for an undisclosed amount as part of its strategy to develop research-based deep tech start-ups. Based in Singapore, MediLOT Technologies is built on blockchain, AI and database management system technologies for patients, healthcare practitioners, and oganisations, giving them access to private and secure health data for better diagnoses and effective treatments. MediLOT is the first Blockchain and Healthcare Analytics company in Singapore that SGInnovate has invested in, which is in line with its mission to help develop high potential companies with products that will have global impact.
GovTech published an article on SGInnovate’s Health Futures: AI & Genomics seminar, where a panel of experts discussed how AI is working alongside doctors and researchers to uncover the secrets of the human genome. Thousands of genomes have already been sequenced, representing a treasure trove of data – one that leaves clinicians overwhelmed by the sheer volume of information it holds. The promise of AI is to help doctors mine the medical literature and pick out actionable insights more quickly and easily.
Investors, Founders and startup community members descended on the Google APAC office in Singapore yesterday to watch the second-ever Demo Day for Entrepreneur First (EF) in Singapore.
The accelerator programme is 6-months long and one of the perks from this year’s cohort is they have all received small investment offers from SGInnovate to help them with resources as they work to get that first seed or angel funding.
Web Biotechnology Pte Ltd (WEB, the "Company"), specializing in Cloud-based Remote and Personalized Wearable ECG monitoring today announced a Pre-series A financing round from Singapore-based SGInnovate.
WEB produces the Spyder ECG, the World's first medical grade ECG wearable that transmits continuously through a smartphone to a Cloud Database. Artificial Intelligence (AI) is then applied to the data to analyze ECG rhythm abnormalities in real-time. Its unique 24/7 "always on" system allows continuous patient ECG data transmission from anywhere in the world with a connected smartphone. Physicians can remotely log in securely into the database and report findings to patients from another connected device.
Today SGInnovate announced its ‘Deep Tech Nexus’ Strategy as a direct result of experiences and insights gained in its first year of operation. The Deep Tech Nexus represents SGInnovate’s commitment to add tangible value to the Singapore deep tech startup ecosystem in two key areas – Human Capital and Investment Capital. Three technology areas have been selected for focus during 2018: Artificial Intelligence, Blockchain and MedTech.
The participating teams addressed a diverse range of challenges from mobility and fall prevention to dementia care and monitoring cardiac health.