#14 🍩 What the Health - Commercialisation for Days, Google Strays and Social Yay?

Your healthtech TL;DR roundup

Aug 30, 2021

Hands up whos exhausted? 🥱

Apparently, studies finally back us up and show if you turn off your camera during virtual meetings, you engage more and reduce fatigue - only calls from now on k.

Ironically, given the social deprivation and mass questions on opportunities, players and pathways in healthtech and startups - thought we’d have a lil chilled virtual catch up and AMA (because I can’t have virtual coffee with you all 💔)

👉 Next Tuesday, September 7th, 6 pm AEST

If you’re keen - drop your deets here

If you want something in the next one - throw it in here

Noteworthy 🗞️

How does the Aussie healthcare system fair on the global stage?
🥉This year it got bronze - at least according to the Commonwealth Fund Survey

Funding Fun

💰 Hireup, a service for NDIS support management closed $40m led by SEEK

🧫 Nutromics, the “lab on the skin” device for remote monitoring bags $5.7m

👩‍🎓 Komodo, a NZ based student wellbeing platform snags NZ$1.8m led by Folklore

💊 Seer snagged $34m from Cochlear et. al. and looks to the UK, US and Europe

🤖 Oscer, an AI “safety net” for doctors raised $5m backed by Blackbird and Archangel

🎧 Hearables3D, a custom-fit hearing device startup got $1m for overseas expansion

🚜 Talisium, creators of certified health content, training and tools joins Tractors portfolio

🧪 Clarity Pharmaceuticals smashed its ASX debut with a banger IPO raising $92m

📢 Jelix Ventures, run by beloved startup community vets announced their $15m fund

💪 AfterWork Ventures closed $10m of their new fund in just 155 days

Commercialisation is the name of the game this month…

💵 $79m of MRFF gov grants were given to 3 Orgs to help development of medical devices, medicines and digital health tech

ANDHealth announced $19.75m for their digital health incubator program
MTP Connect also got $19.75m the gov funded not-for-profit industry group to accelerate health innovation
Brandon Capital’s Medical Research Commercialisation Fund (MRCF) bagged $40m to set up a biotech incubator
Brandon cap “hopes it will kickstart a decade of “health and medical… start-ups” with “IPOs and unicorns that will… outsize anything in the other industries”” - afr

🌙 Planet Innovation launched new branch PI Commercial to support startups and companies from idea to product launch

Who Got Together?

🧘‍♂️ Vively acquired Blackbird-backed wellness booking platform Honee making it the country’s largest wellness platform

🦸‍♀️ Dynamic duo Perx & Hireup partner to further empower people to take control of their health

💻 Beamtree, a healthcare data company acquired Ainsoff to expand its AI offering

🏠 Medtasker teamed up with Telstra to provide remote patient monitoring for geriatric and rehab patients in the home

👁 Aus College of Optometry (ACO) partnered with ocular diagnostic software Pliny to improve clinical software integration and patient diagnostic scans

✅ ANDHealth partnered with the TGA to further support Digital Health SMEs

Worth Knowing

🔥 The inaugural “The List - 100 Australia’s Top Innovators” by The Australian was splatter with Healthtech stars

🕰 Samsung Galaxy Watch 4 receives TGA ECG monitoring approval and introduces blood pressure tracking

🍁 The TGA launched a platform to improve transparency and access to info on unapproved medicinal cannabis products

👃 CSIRO studies show AstraZeneca could be more effective against Covid if delivered by nasal spray

🧬 UNSW set to lead a new RNA-based manufacturing hub with a $25m gov grant to drive RNA production in the State

🫁 4DMedical partnering with Lung Foundation Australia to prepare for a post-COVID Aus

🏥 The Royal Melbourne Hospital launched the Innovation Acceleration Program (IAP) bringing together healthcare workers and researchers to fuel solutions

🥼 SpeeDx got TGA approval for COVID-19 rapid test use in Aus

US & Beyond the Borders

🧐 Is healthcare too hard for big tech? At least that’s what the internet’s gone into hysterics over ft. #healthcareishard

Insider says Apple scaling back the Healthhabit app is a big deal
“Google Health” dissolved but sources say they’re doubling down on investments and projects in the sector
But they just pulled the plug on clinician app Streams…. so maybe its serious?

🌺 Mental Health powerhouses Ginger & Headspace merge to “Democratise Mental Health”

👨‍✈️ Ex-Google Health CEO legend David Feinberg joins Cerner as its new captain

🎰 HIMSS21 - The global healthcare conference happened in Vegas and left an interesting takeaway…
Hospitals, payers and startups are all clamouring to be the 'digital front door,' and it's overwhelming patients and needs to be addressed

🧠 A small Neurotech startup beat Elon’s Neuralink to human trials in FDA first with neural implant trials to begin in humans

Startup Stuff 🚀

💭 Got an Innovative Idea You Want to Launch?

Vogue and Optus have teamed up for Create the Future Innovators Comp for ages 18- 35, to pitch for the chance to bag $10k & a mag feature - More here

🏗️ Looking to Build a Hardware Startup?

Check out the melt accelerator to Prove, Prototype, Pilot & Produce a product and sustainable business ft fab support… oh and $150k funding - More here

🌏 Keen to Scale Overseas?

Gov’s Landing Pad programs have apps open for programs to Berlin, San Francisco, Shanghai, Singapore and Tel Aviv - More Here

🔬Want Funds to Undertake Research With the CSIRO?

The CSIRO Kickstart program offers SME’s dollar-matched funding of $10-$50k to undertake research activities with commercial potential with the CSIRO - More here

📣 Want Your Startup to Be Put In the Spotlight in the Ultimate Pitch?

Startup Daily & Microsoft’s pitch comp has >$200k Azure credits up for grabs and you’ll pitch to tech experts, investors & promo in Startup Daily - More here

💹 Commercialising a Killer Product, Process or Service?

The Gov’s Accelerating Commercialisation program provides SMEs, researchers and founders with advice and $500k-$1m in matched project funding - More here

💸 Exporting to Global Markets and After Some Extra Fuel?

Austrade’s Export Market Development Grants (EMDG) program helps Aussie SMEs grow their exports in global markets ft $40-$150k grants - More here

🍔 How do you Launch Your Startup & Optimise Costs With AWS?

Check out their upcoming webinars who will teach you the tricks of the trade and how to get going - Sign up here

🌱 Startup Looking for Space and Support whilst Scaling?

WeWork’s new Growth Campus program has mad discounts and supports to help you out - More here

Events💥

Thur 2nd Sep: Microsoft Healthcare Solution Series - Session 8 with Alcidion

Fri 3rd Sep: BioSymposium: Advancements in Precision Medicine – Opportunities, Challenges and Economics

Tues 7th Sep: SaMD Regulation with the Therapeutic Goods Administration

Tues 7th Sep: Tech23 Deeptech Festival: AI-Enabled Patient Care

Wed 8th Sep: Designing “AI for good” pathways for mental health & neurological disease

13th-14th, 17th Sep: Venture VC Capital Investor Conference

Wed 15th Sep: Youth Health Forum Summit

19th-21st Sep: MUBES MediThon 2021

Wed 22nd Sep: Regulatory Affairs: Navigating the path to approval

Juicy Jobs 🔥

Consumable Content 💎

🎙Talking HealthTech #168: Epigenetics and Nutrigenomics; the new science to treat health problems ft. Dr Valerio Vittone

🚺 The FemTech Collective released the 2021 FemTech Collecte Market Report

🍏 Deloitte has a cool dive into the opportunities for The future of public health campaigns

🎨This is a fab piece on how Ovira used Instagram, content and community to build their boss brand

🦅 Blackbird has a cool series WTF is GTMF + PLG? A Four-Part Guide to finding Go-To-Market Fit and achieving Product-Led Growth

🧬 Perpetual Global Innovation Fund reckons the real boom in drug discovery & Biotech is still to come

Other Opps ✨

Want to help shape the next-gen of innovators?

Join the Hacker Exchange as a mentor or instructor - More here

Need to get up to scratch on Medtech & Biotech Regulation?

Join Regulatory Affairs: Navigating the path to approval to understand the reqs and steps for getting approval ft. a global perspective on regulation - More here

Have a high impact project that $150k of funding could help launch?

The Kenneth Myer Innovation Fellowships give recipients time and support to develop their groundbreaking idea into a sustainable plan - More here

Know a badass woman in digital who deserves to be celebrated?

Nominate her for the 2021 Women in Digital Awards - it’s a big deal

As always, would love to hear from you

Ciao

👋 Emily

Disclaimer - What the Health is not intended as professional advice, public fundraising, recommendations or endorsement. There is no assurance information is accurate or complete, just sharing the love and market intel. Always do your research and seek professional advice

What the Health?!