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#09 🍩 What the Health - Happy 4 Monthiversary & the Funding Flood Begins

Your fortnightly healthtech TL;DR roundup

Emily Casey

Jun 16, 2021

Happy 4 Monthiversary!

Hard to believe it's been 4 months since I hit send on a little roundup I thought no one would read…

Now, we’re at 10,000 reads, >52% of you actually open these (thank you), >260 registered for events… and this is just the beginning.

So, thank you ❤️

Truly grateful for you all and our wonderful chats, coffees and collaborations.

I’m always keen to make this better and deliver more value, so if you have any ideas, feedback, things you hate, or really want to see… and I MEAN anything…

Drop it below 👇

Speaking of, now we can all party together again 🥁 MEETUPS

Sydney - here’s a group for you (launch event announced soon so jump in)
Adelaide - because we’re above holding grudges, one for you too
Melbourne - we’ll have you sorted for our next one soon

Melbs Ladies night invite is about to go out so if you want to join fill this out

Know someone who might like this content or want to join? Pass it on!

Noteworthy 🗞️

🏥 Cubiko bags $1.7m in 2nd seed round to accelerate streamlining medical clinics after 300% growth in 12 months

💊Vitable snags $5.5m Series A to disrupt vitamin delivery across APAC

📈 Point of care diagnostic test provider Lumos Diagnostics set for a $63m IPO in July

A lot of doctors have recently joined us - so for anyone confused about the funding terms check out this basic guide by Digify

💰Synchron snags a $52m Series B from Silicon Valley to launch US clinical trials of implantable brain device for paralysed patients

🧫 Rapid saliva-based COVID testing company Alcolizer nabs a piece of the $3.7m pie for Aussie manufacturers

💲Investible set to fuel seed stage Startups with new $50m fund

🔗 VentureCrowd partners with early-stage commercialisation fund Uniseed, in Aussie first to make uni research ventures available for individual investment

🚲 Peloton to push out its pricey hardware plus an “affordable” fitness app in Aus

📚 BodyGuide Founder, Matthew Green, launches free e-book “SOBS - I’m Sick of Being Sore” to help people break the cycle of pain and appointments

🍎 Free fresh food prescription for Type 2 Diabetes? Check out this Sydney Trial

☀️SunRamp Healthtech Accelerator Launches its first cohort of companies
PhysiGo - HEROIQ - PUML Better Health - Bundle of Rays - ShieldLabs - ENTAG Health - Bebedoze

🔐ACCC’s Targeting Scams report shows health up 20x on medical scams in 2020 hitting >$3.9m lost

💻 Google’s Head of Innovation talks about their push into health claiming “…we are no longer a search and cloud provider with a health arm”

“We’re heavily investing in technologies around biopharmaceuticals, medtech, medical diagnostics, and health plans – to name a few” - Scott Thomson

🦌 Antler invests in 13 new startups including 2 healthtechs - Hearoes and Sahha

🇺🇸 FROM THE STATES 🇺🇸

💵 One Medical buys Iora for a whopping $2.1B and is talk of the town

📱Amazon is set to scale it’s telehealth services - watch out Wallmart

🧚 Miley Cyrus Joins Hims & Hers as Creative Advisor - hate to say I told you so, but health influencers, and influencers in health, are so hot right now

✅ First new Alzheimers drug since 2003 gets FDA approval to treat cognitive decline mechanism but it’s caused quite the stir questioned to be “snake oil” and FDA members quitting

💗 Check out the new SexTech Entrepreneurs disrupting the $37B Sexual Wellness Market

Startup Stuff 🚀

🍰 Want your cap table set up for free?

Cake Equity is offering to set you up on their software to get your ESOPs sorted, keep your share registry up-to-date, and investor announcements ready to go - Message Jason here

🧠 Got a project to help improve mental health recovery at work?

SIRA has grants of up to $50,000 as a part of the NSW Recovery Boost for individuals, workplaces or orgs with new ideas that help people recover from mental health issues at work - More here

🔥 Interested in starting a Startup but not sure shat comes next?

Startmate’s new Founders Fellowship provides a clear path to launching a company with the knowledge, support, and networks you need to succeed - More here

🌏 Deep Tech Startup looking to expand into Asia?

SWITCH’s pitch competition which gives the chance to set up shop in Singapore, get exposed to industry leaders and compete for over $1.1M pizes - More here

🔬Want to turn your research into commercial impact?

INCUBATE (USYD) helps academics realise the potential of their research through programs to build business skills and find the best route to market - EOI here

📖 From rural NSW and want to learn foundations for Startups for free?

The Founders Course is offering fully funded places for its online course on how to start a high-growth startup, covering core skills in a flexible self-paced format, ft. some of Aus’s leading experts - More here

Early-stage Startup in NSW looking for support?

The Studio Founders’ Program is a 7-week guided program to equip you with essential entrepreneurial skills and fill knowledge gaps for existing founders ft the support of a community, advisors & mentors - More here

💳 SME in Vic and interested in a low-interest loan?

Invest Victoria hrough the R&D Cash Flow Loans Initiative is providing up to $50 m in low-interest loans to eligible SME’s - More here

🎓 University Startup Accelerators open for action

UTS Startups* Sydney University Genesis* Macquarie Incubator * Monash Generator

*For more opps check out the last roundup here*

Events💥

10th -18th Jun: BIO Digital (Global Biotech Partnering Event)

15th - 18th Jun: Digital Pharma Innovation Week

Thurs 17th Jun: Capital Raising with VC's: Tractor, AirTree, Ten13 and EVP - Bris

Fri 18th Jun: Test Your Business Idea - iAccelerate workshop (virtual)

18th - 20th Jun:MedCon21 (WA) - Perth

22nd - 23rd Jun: Women 40+ Innovation Summit (virtual)

22nd - 23rd Jun: Workplace Wellness Festival 2021 (free tickets in link)

Thurs 24th Jun: Talking Healthtech Winter Summit

Wed 30th Jun: Galileo Ventures Founder Showcase (in person or virtual)

Thurs Jul 1st: NSW BioCheers - July 2021 by AusBiotech & Investment NSW

Mon Jul 12th: Low Code Workshop - Melb

Tues 13th Jul: #RA21 Demo Day (Remarkable Accelerator)

Consumable Content 💎

🔈Not Boring: Cityblock Health - The Vertically-Integrated, Value-Based Arbitrageur Fixing Healthcare

Great delve into an interesting approach in the US attempting to tackle healthcare earlier in the chain to create better experiences, wellbeing and savings.
Can we do something similar in Aus with the NDIS?

🚺 Christina Farr talks about why OMERS Ventures is betting big on women’s health (and why we need to stop calling it “femtech”)

💸 What do investors mean when they say you’re “too early”? Galileo Ventures breaks it down here

📖 Check out PWC’s new Global Top Health Industry Issues 2021 Report - focused on Innovation fuelled by digital capabilities and >10,000 people surveyed

🔥 Cool piece in Fortune on How Amazon, JPMorgan, and Berkshire Hathaway took on America’s health care system—and lost - paywall

🎥 Miss the AWS Online summit? Catch it on demand

Including insights for early stage Startup founders or aspiring techies on raising, product development, data analytics and deploying software

Juicy Jobs 🔥

Other Opps ✨

Health Professional interested in Psychedelics?

Check out Mind Medicine Australia’s new Certificate in Psychedelic-Assisted Therapies (CPAT) covering clinical and research applications - More info here

Keen to learn the details of developing Medical Devices and/or Medicines?

ARCS ft REDI launched some 5-day Foundations Bootcamps designed for Startups, SMEs & clinicians to provide the practical skills and info required

Got a business or entrepreneurial idea you’ve always wanted to bring to life?

For anyone with an idea to create social impact, change or anyone just wants to start their own business. Join a free Incubator Workshop to learn how - More here

Don’t forget to hit me with that feedback and have a fabulous week!

See you soon

👋 Emily

What the Health?!