#15 🍩 What the Health - Biotech Booms, A $45m Series B and Legions of Launches
#15 🍩 What the Health - Biotech Booms, A $45m Series B and Legions of Launches
Your fortnightly healthtech TL;DR roundup
It was great to see so many friendly faces last Tuesday for our virtual catch up and AMA. 117 people were keen… wild.
What’s crazier… 43 people showed despite zoom fatigue. Thanks to those who came and dealt with slightly dysfunctional chaos 😂
PS - For any students or early-stage career professionals out we’re doing a sesh this Thurs with the amazing earlywork community. They’re great - check them out
🔥 Jobs, Jobs, Fabulous (Featured) Jobs 🔥
🕷 Fluffy Spider Technologies, a specialist software engineering firm focused on healthcare, are building their team and with a new consumer health project are hiring an Experienced iOS Mobile App Developer
👩⚕️ HealthMatch is on a mission to accelerate medical research, putting patients at the heart of getting new treatments and meds to market. They’re on the hunt for their new Medical Director
Check out the WTH Jobs Board for the full list of 155 of the hottest roles in healthtech!
Know someone who might like this? Or keen to post? Flick it their way
Noteworthy 🗞️
Funding Fun
💰Prospection bags a $45m Series B to scale their work in Healthcare Analytics
🧪Carina Biotech got $5.4m to ready their program for colorectal cancer
💥Pitchblack pre-accelerator pivoted to launch new VC fund Pitch
🐏 NZ says the tech skills shortage is hitting digital health hard… shock. And Aus is in the same boat…
Hello mass project delays, endless vacancies, exploding salaries and offshoring of jobs
Worth Knowing
📈 Health funds saw soaring profits (~$1.8b) during Covid as people couldn’t claim and pledged to give back to members, but nib fell a little short and copped recent outrage with a mere “one-off $22 payment” despite profits increasing >83%…
🤖 Vexev breaks out of stealth mode introducing their “tomographic ultrasound robot”, a device which scans patients limbs and delivers a 3D pic of their blood vessels
💎 Presagen pioneered another new method, UDC, using AI to automate poor quality medical data detection to improve healthcare AI and privacy
🧫 Nutromics continues its roll winning the National iAwards “Technology Platform Solution of the Year’
🏡 Hospital in the Home is in action with >3400 COVID patients now managed remotely to boost capacity ahead of an expected surge in admissions with reopening
🏥 SA has always been a tad behind in digital health with their schmancy new hospital not even having an EMR yet…. But with the newly rebranded Digital Health CRC ft $200m funding, a few projects and its “Digital Health Innovation Ventures” arm, hopefully, that’s set to change
🎉 ANDHealth’s leader & CEO Bronwyn Le Grice bagged the 2021 Vic Pearcey Entrepreneur Award for her killer contribution to the innovation scene
👏 Medicines Australia got a 5-year gig with the gov to improve earlier patient involvement and influence the availability of new medicines in Aus
🔔 BodyGuide, the app that helps you get rid of pain, opens their seed round this week
And Founder Matthew Green's book“I'm Sick of Being Sore”to help you understand your body & feel better hitspre-release
You can snag it free (RRP $30)- Just use codeWTH📕
US & Beyond the Borders
🚀 Amazon Care continues to grow supposedly now with 40k members and is hitting 20 new cities in 2022…
😴 Sleep is serious business - As Eight sleep continues to prove with a $86m series C to take on the world and continue fueling human potential through optimising sleep
🔥 Personal health records and data are so hot right now
But its nice to see someone doing something to protect and empower patient data and consent… Ciitizen, a company that helps patients leverage their health records to identify treatment options and research diseases sold to Invitae for US$325M
🩸 Flo, the period-tracking app, raised a US$50m series B with impressive stats… >43m monthly users and >1B periods tracked!
Looks like they’re now aiming to take over the whole women’s health experience ft interactive tools, communities and on tap professional advice… more like this I say
🪨 You might have seen #healthcareishard trending for Big Tech in Health and my rant on Linkedin… But this article has interesting insights into the real happenings
“I can tell you: Big Tech is not exiting health care; they are simply changing their approach”
♾ 🧓🏻When you have infinite money, what do you do (apart from going to space)? Well, try live longer (*cough* forever) of course…
Longevity is all the rage… a researcher with wealthy backers has launched “fast grants”, to fund ‘crazy ideas’ in anti-aging research. Joining the like of Google’s subsidiary Calico and AbbVie pledging $1b, and silicon valley is funnelling in 100s of millions
Startup Stuff 🚀
📱Digital Health company looking to scale and commercialise?
ANDHealth+ is back and taking apps for their commercialisation accelerator program ft industry experts, $3.75m funds, and fab resources - Apply here
☀️ Scaleup in sunny QLD looking for support?
Sunramp is opening apps for round 2 of its accelerator program on the Gold Coast focused on commercialisation, traction and growth - More here
🗣️Want to chat with some investors for feedback and/or guidance?
Investible has their Office Hours this Thurs for casual convos with their investment team - for feedback on pitches, ideas and fundraising - Register here
💡Health Practitioner keen to learn the basics of digital health?
"Digital Health Foundations" is a 3 part, 10-hour training course for people wanting to learn more about digital health. Covering what it is, what is means for healthcare, and how to build digitally-enabled models of care - More info here
🎓 Microcredentials are all the rage… USYD has a digital health course too
"Digital Health Essentials: enhancing multidisciplinary patient care”
is a 6-week online course for practitioners with weekly live sessions - More here
💃🏼 Woman with a winning idea after money and mentoring?
Enter The Australian Women's Weekly's "Women of the Future Awards" for a chance at $100k in cash and prizes for Aussies 18-34 with a charity or innovation idea that aims to bring positive change to the lives of others - More here
🚺 FemTech focused on Females 40+?
The FemAging Era: Virtual event and Fast Pitch Comp will cover killer content then you have the chance to pitch to >40 investors for up to $50K - More here
💪 Working in the Disability sector and want $25k to empower your work?
Wheels in Motion are back with their Empower Awards to shine a light (and shower funds) on individuals & orgs making an impact in the disability space - More here
🔬Scientist or researcher in MedTech, BioTech or HealthTech interested in entrepreneurship and commercialisation?
The MedTech Actuator Menzies Fellowship aims to expose researchers to the startup ecosystem in order to unlock the potential of Australia’s world-class research ft funds, fab mentors and network opportunities - More here
For more ops for startups check out the last roundup here
Events💥
13th-14th, 17th Sep: Venture VC Capital Investor Conference
Wed 15th Sep: Youth Health Forum Summit
Thurs 16th Sep: Talking HealthTech Spring Summit
19th-21st Sep: MUBES MediThon 2021
Wed 22nd Sep: Regulatory Affairs: Navigating the path to approval
Tues 5th Oct: Research Australia’s Health Economics Roundtable
Tues 5th Oct: SaMD Regulation with the Therapeutic Goods Administration
11th-12th, 18th-20th Oct: ARCS Bootcamp for Developing Medicines
14th-15th Oct: Health Tech Forward 2021
Consumable Content 💎
🔈The School of Greatness #1162: Dealing with BURNOUT & Finding Your Spark w/Jonathan Fields - because lockdown
📣 In a world with health ads and regs at every turn, it’s a tough time to be a healthcare marketer. The Future of Healthcare Marketing is “Next Best Action” is a fab dive into building brand and best experiences in healthech
💵 Peer-based communities are on the rise, but should peer health community moderators get paid?
📃 Airtree is adding to their open-source VC database with a free Seed Stage Term Sheet to check out
🍏 Behavioural health change is trending with >700 startups recently funded, but applying it well is actually hella hard. Check out How to apply Behavioral Design to healthcare
That’s all folks
Have a fantabulous week
👋 Emily
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