#16 🍩 What the Health - Half a Billion for Research, Sick Psychedelics & Healthtech Hangs
Your fortnightly healthtech TL;DR roundup
Oh, how did we get here? Here being October…
I know it’s not October 3rd… Or is it…
*Note - Time warp is a serious side effect of being in Melbourne, officially the most locked-down city in the world
PS - If you’re missing socialising come say hey TONIGHT at our very chill virtual Healthtech Hangs (ft breakout rooms and byo bevs)
Before we go any further…Don’t want to miss out on the latest (and greatest) healthtech happenings? Make sure you subscribe so you don’t miss the next dish!
🔥 Jobs, Jobs, Fabulous (Featured) Jobs 🔥
Loop+ - The continuous care platform transforming how wheelchair users manage and optimise their health are after a Purchasing & Inventory Coordinator & Senior Full Stack Engineer
Doctors On Call - A doctor-owned practice, integrating digital health in aged and palliative care spaces are seeking General Practitioners
Check out the WTH Jobs Board for the full list of 181 of the hottest roles in healthtech… And you can post your open roles here too!
Noteworthy 🗞️
Funding Fun
🍄 Psylo, the psychedelic startup developing a shorter-acting version of psilocybin (the active molecule in magic mushrooms) to treat mental illness bagged $1.1m
🌱 Australian Ethical Super became a major investor in the CSIRO’s $250m VC fund, Main Sequence (innovation is the future y’all - watch those super funds flock)
🗣️Social enterprise Umbo, helping rural and regional families access speech and occupational therapists snagged $200k Fortis River
💰 Mable snagged a casual $100m for its disability and aged care marketplace
🌚 Black Nova, the not so new “new VC” officially launched ft $10m & 23 portfolio companies
Worth Knowing
⭐️ The Global Startup Genome Report sets Syd and Melb’s combined startup ecosystems worth at a mighty $34.5bn… Woah… AND Melbs got a gold star for its strengths in Life Sciences ft ~$511m in funding per year (40% of the national total)
Read more about it (and general awesome Aussie startup news)in the Weekly Wrap by our fab friends at Ignition Lane
🎉 Consultmed took out the title at Startup Daily & Microsoft’s Pitch Perfect Comp
💪 StrongRoom got a global partnership with Quality Pharma
🫁 ResApp was featured in the Wall Street Journal on how cough can be used to better diagnose asthma, Covid-19 and other resp illnesses ft smartphones
🚺 Ovira had a boss billboard in a brilliant PR play shining a light on women’s often overlooked pain
➕ HealthEngine expands its services with Chemist2U script delivery
❤️ Monash Uni is setting up “Victoria’s Health Innovation Centre” ft $17.5m funding and a cardiovascular disease research accelerator
💉Mobius launched their first product helping radiologists identify patients who need follow up treatment following injection therapy
🍯 Honeysuckle got the greenlight ACCC to establish a health services buying group for value- based care (to take over the world… I mean market)
✅ Hireup & Euc hit Linkedin’s “Best startups to work for in Aus” list
💥 ScoMo is finally throwing half a billion at health and medical research
Speaking of, the most recent $4M boost to great developments goes to…
Aria Research– A non-invasive bionic vision wearable development prototype for blind and vision impaired.
ResusRight– The ‘Juno’, a novel ventilation monitoring system for neonatal resuscitation
Seer Medical – ‘Sense Cardiac’, a cloud-enabled wearable cardiac monitor for at-home use
VitalTrace – Precision real-time fetal biosensor for the prevention of stillbirth and fetal complications during childbirth
3DMorphic – Personalised spinal surgery for Australians; a clinical trial of 3DMorphic’s advanced manufactured patient-specific spinal fusion device
US & Beyond the Borders
🍏 Apple continues its roll (out) of features with
🛒 Wallmart (yes, the supermarket chain) is getting an Epic upgrade - integrating the health EMR system into all its retail health outlets
Now including primary and urgent care, labs, X-ray and diagnostics, counselling, dental, optical and hearing services
🏎️ Amazon announces their first healthcare accelerator cohort…
Ft chatbots, patient management systems, remote monitoring, video education, transportation, VR, personal health records & AI (of course)
❌ Youtube bans all anti-vaccine information… yes ALL
🌏 Google…
Is doing a collab with Mayo clinic to develop AI algorithms for devices to treat people with psychiatric illness and direct brain injuries
Launched the global COVID-19 Open Data Repository
🕰 German researchers successfully turned back the clock on mice hearts
♾ New Swiss $1B longevity fund launches to pursue the 120+ lifespan...
⌚Can wearables detect illness before onset? Evidence is pointing to yes… at least at the top end of the market
🌈 OCD treatment is coming online with NOCD snagging US$33m
Fun fact nobody asked for…
Maye Musk (Yes, Elon’s mum) is the spokesperson for Timeline Nutrition, powder and pills that claim to contain anti-aging properties which “revitalizes mitochondria”
Startup Stuff 🚀
🌍 Helping health disparities in underserved or underrepresented communities?
AWS just launched a new $55m global health grants program to help advance health equity ft cloud credits and tech help - More here
📱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
🧠 Building a mental heatlh startup?
What If Ventures are in the business of helping fund game-changing mental health startups - Apply here
🤗 Entrepreneur seeking support and resources? The govs got you
Check out the Federal govs Entrepreneurs program ft accelerating commercialisation, scale incubator and innovation connections - More here
💡Startup Idea or taking your first steps as a founder?
Blackbirds free, fully virtual Giants program helps provide support from some of the best operators, founders, VCs, angels, and impact investors - Apply here
📣 Impact venture keen to pitch for pride… and prizes?
Startup Vic & Giant Leap are s on those changing the world for the better at their next pitch night ft mad prizes - More here
☀️ QLD Founder looking for help to scale your biz?
AdvanceQld has partnered with BDO to deliver the free “Business of Entrepreneurship Programs” ft growth and financial ed for founders - More here
📖 Want to get your idea going with real-life customers?
This “Customer Discovery Course” will arm you with the know-how and practical skills to get you moving - More here
Events💥
Wed 6th Oct: Increasing Business & Research Partnerships with Israel: Opportunities, Funding and In-market Support
Thurs 7th Oct: Healthcare Innovations and Future Directions in Wearables
Thurs 7th Oct: Startmate Accelerator Demo Day W21
Thurs 14th Oct: Prioritising Women's Health and Careers in COVID Recovery and Beyond
13th-28th Oct: Spark Festival
14th-15th Oct: Health Tech Forward 2021
18th-19th Oct: Digital health Institute Summit
Tues 19th Oct: Accelerating Commercialisation: Information Session (SA)
11th-12th, 18th-20th Oct: ARCS Bootcamp for Developing Medicines
Consumable Content 💎
🔈Duct Tape #02: Mindset Health with Alex & Chris Naoumidis
Mindset is a boss evidence-backed healthtech with digital hypnotherapy programs for managing chronic health conditions like anxiety, depression, IBS and chronic pain
🍄 Just in case you missed the memo on mushrooms…Read A Renaissance for Psychedelics Could Fill a Long-Standing Treatment Gap for Psychiatric Disorders
🎥 Microsoft is making leaps and bounds in health in the background (sneaky). Want to know what they’re up to? Check out Startup Health’s interview with Microsoft CMO Dr David Rhew on the Future of Health Innovation
💎 Whether you like it or not, crypto is here to stay… Check out this boss Crypto 101 summary by Airtree
📚 After some marketing help? Check out this free 47-page e-book for marketing for startups voted #1 on product hunt
Other Opps ✨
Doing a project in cardiovascular disease or diabetes and like some funds?
The TTRA' has $6m up for grabs in round 2 of its grants scheme - More here
Itching to do a PhD in Digital Health?
DHCRC and Sydney Uni have a scholarship for an applied research program with real-world impacts on patient care using advanced technologies - More here
Looking to learn the ins and outs of MedTech commercialisation pathways?
The BridgeTech Program is an award-winning (and free) professional dev program leveraging boss partners expertise and global connections to give you skills and networks to take new medtech to market - More here
As always, would love to hear from you
See you soon (maybe… please…)
👋 Emily
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