NOVEMBERASIA BUSINESS OUTLOOK9Heidi Health, an AI health-tech platform, announced on Oct 26 the completion of a $6.3 million Series A capital raise to fuel its growth and product development. According to the company, Blackbird Ventures led the round, with participation from Hostplus, Hesta, Wormhole Capital, Archangel Ventures, Possible Ventures, and Saniel Ventures.According to the statement, the funds will be used to further Heidi's product development, including the creation of new AI-driven offerings for clinicians.This investment will also be used to expand the company's team of doctors, designers, and engineers, as well as to increase the number of clinics and general practitioners (GPs) who will use the software in Australia first and then in other markets."People are living longer lives with more chronic diseases." While medicine has become more specialized, junior doctors are not choosing to become general practitioners."This has created a crippling burden on our GPs, limiting their ability to provide the service and care that Australians expect and deserve," Heidi Founder and CEO Dr Thomas Kelly said.He had this experience while working in rural general practice and public hospital outpatient clinics, where there were too many patients and not enough time. He also mentioned how much of his time as a doctor was spent on paper referrals, waiting on hold, or filling out copious amounts of paperwork to satisfy the government's requirements for some piece of Medicare funding. The lunar tech startup Qosmosys, based in Singapore, has announced a $100 million seed funding round. In a recent statement, it said that the seed capital infusion enables the company to accelerate its strategic objectives, solidifying its standing as a leading private participant in the developing moon economy.The development of ZeusX, the company's lunar transportation vehicle, and auxiliary technologies meant to support various lunar applications will receive the majority of the funding. Additionally, it stated that this funding is a strong indication of the strong faith that a notable group of private investors has in the goals, objectives, and creative potential of Qosmosys.Qosmosys said that the company continues to draw investment thanks to a distinctive and protective funding model--an approach that is first in the industry. The framework accepts a small group of investors and protects the interests of all stakeholders in advance of a projected initial public offering (IPO) no later than 2028.Francois Dubrulle, CEO of Qosmosys, stated, "This historic investment represents a turning point for both Qosmosys and the larger space exploration sector. We are deeply grateful for the unwavering commitment demonstrated by our investors, who share our belief that the moon presents boundless possibilities, not only for democracies around the world but for the betterment of humanity as a whole." AI HEALTH-TECH STARTUP HEIDI HEALTH CONCLUDES SERIES A ROUNDSPACE TECH STARTUP QOSMOSYS ANNOUNCES SEED ROUNDNEWSROOM
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