✨ We are thrilled to announce our €1 million investment in parol, a Romanian startup that has developed an Artificial Intelligence solution that automates the generation of medical records in real-time based on understanding conversations between doctor and patient. The total funding attracted by Parol is €1.2 million, with GapMinder VC leading the round. This investment in Parol is part of our strategy to support AI-powered solutions that offer immediate added value and the potential to scale globally. Parol is a startup founded in 2022 by journalists Claudiu Pandaru (CEO) and Alex Livadaru (COO), along with Alex Tepes (CTO), a software solutions developer, and Valentin Ichim (Sales Manager), a specialist with over ten years of sales experience. ✅ Parol offers a platform based on Artificial Intelligence that transforms the way medical documentation is managed. Thus, the solution automates the generation of medical records through real-time transcription of conversations between doctor and patient, significantly reducing the time doctors spend with bureaucracy. The service generates complete and accurate medical records in seconds, allowing doctors to focus on patient care. "In the context of the accelerating evolution among startups using generative Artificial Intelligence, Parol is an excellent example of a company using AI to address real needs in the healthcare market. This unique combination of advanced technology and deep healthcare knowledge positions Parol as a leader in the rapidly evolving healthcare technology landscape. Parol not only reduces the time doctors spend documenting, but it does so efficiently and accurately that convinced us to invest," stated Robert Herscovici, Investment Director at GapMinder Ventures. Read more in the following article. #GapMinder #Parol
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🏥 Parol Raises €1.2M to Revolutionize Medical Documentation with AI 👉 https://ain.social/41pQahj Romanian healthcare tech startup parol has secured €1.2M in funding, led by GapMinder VC Fund II, which contributed €1M. This AI-powered platform transforms healthcare documentation by transcribing patient-doctor conversations in real-time and generating accurate medical records in seconds. 💡 Key Highlights: ▪️ Founded in 2022 by Claudiu Pandaru, Alex Livadaru, Alex Tepes, and Valentin Ichim. ▪️ Supports both Romanian and English languages. ▪️ Reduces doctors' time spent on paperwork, enabling better focus on patient care. 💬 "Parol addresses a real need in healthcare, combining advanced AI technology with deep sector expertise," said Robert Herscovici, Investment Director at GapMinder Ventures. This investment supports Parol's mission to scale globally, positioning it as a leader in the evolving healthcare tech landscape. #MedTech #StartupFunding #AI #Parol #HealthcareInnovation #RomanianStartups #GapMinderVC #DigitalHealth
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SigTuple, the Bengaluru-based medtech startup, has raised $4 million in an extended Series C round led by SIDBI Venture Capital Ltd , bringing total funding to $50 million. This funding will fuel geographical expansion, product portfolio growth, and regulatory clearances. SigTuple's AI-powered flagship product, AI100, automates manual microscopic reviews and has received US FDA clearance. The company plans to launch two new products in 2024, aiming to fully automate microscopy in clinical labs and enter the point-of-care market. Read the full article to discover how SigTuple is transforming healthcare diagnostics with AI [Link in the comments below] Rohit Kumar Pandey | Tathagato Rai Dastidar | Apurv Anand
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🎤Really enjoyed talking about #Human-#AI Teams in #Pharma & #Healthacre — A Collaborative Intelligence for Accalerting #Therapies and Improving #PatientCare. So many open questions and so much more to unfold! 🎉A beautiful evening event organized by Alex Koshykov during #NYtechweek. 👉Not sure if to make an #invesment or not? Contact me and I’ll help you decide!😄 #digitalhealth #healthtech #medicine #healthai #startups #venturecapital #technology
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Industry Giants Launch Healthcare AI Accelerator to Streamline Transformation Healthcare giants Johns Hopkins Medicine, CareFirst, and Techstars have announced a collaborative 13-week accelerator program to fund and support up to a dozen healthcare AI startups at a time. Participating startups will each receive up to $120,000 from Techstars, as well as guidance and advisorship in navigating the industry and regulatory environment of the healthcare space. Currently announced members of the first class include: ✅ Healthtech, MedTech, and biotech companies working on AI tools ✅ Past Techstars healthcare portfolio like PillPack, Ovia Health, and Ginger Based in Baltimore, MD, the accelerator's first cadre will continue to accept applications through November 20th, with the program kicking off in March 2025. This initiative builds on growing investor interest in healthcare AI, which accounted for 34% of digital health funding in the first half of 2024 alone. GlenFlow is excited to see both academic and institutional VC leaders supporting the next wave of transformative healthcare AI startups. This dedication to innovation can lead to significant improvements in global healthcare. Read more: https://lnkd.in/evFnaxrT #HealthcareAI #Accelerator #Startup #Innovation #TechStars #JohnsHopkins #CareFirst #VentureCapital #FutureOfHealthcare
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https://lnkd.in/g6bGzn3z A group of VCs from Octopus Ventures, Speedinvest, Frontline Ventures, InHealth Ventures, Northzone and Nina Capital set out in this article the ideas they would want Healthtech companies to pitch to them. Their wish list include annual health MOTs accessible and affordable for consumers, AI software services to pharma companies, AI tools for hospitals, tools for early diagnosis, monitoring and end-to-end management of neurodegenerative diseases, apps designed to help patients manage their own health, and tools that help mitigating the effect of staff shortages with the right skills. Many companies already seek to develop tools in this area, so it will be interesting to see how many of these products will be brought the market. #AI #lifescience #biotech #healthtech #medtech #medicaldevice
6 healthtech ideas VCs want you to pitch in 2024
sifted.eu
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🤖 Andrew Ng's AI Fund Makes Maiden India Investment in AI Healthcare Startup Jivi. Andrew Ng’s AI Fund has marked its first investment in India by backing Jivi, an AI-driven healthcare startup, signaling a strong commitment to advancing technology in the healthcare sector. 💰 Strategic Investment: - The investment aims to support Jivi in developing innovative AI solutions to enhance healthcare delivery and patient outcomes. - This partnership reflects the growing potential of AI applications in transforming healthcare services. 🚀 Focus on Healthcare Innovation: - Jivi leverages AI to streamline healthcare processes, improve diagnostics, and provide personalized care, aligning with global trends in health tech. - The funding will enable Jivi to expand its product offerings and enhance its technology capabilities. 🌍 Market Potential: - With increasing demand for efficient healthcare solutions, Jivi is well-positioned to capitalize on the evolving landscape in India’s health tech sector. - The investment from Ng’s fund underscores confidence in the startup’s vision and its potential to disrupt traditional healthcare models. 📈 Future Growth: - Jivi plans to utilize the funds to scale operations, enhance its AI technology, and forge partnerships with healthcare providers. - The startup aims to drive meaningful change in the healthcare ecosystem by integrating advanced technology into everyday practices. Andrew Ng's investment in Jivi represents a significant milestone for the AI Fund in India, highlighting the potential of AI to revolutionize healthcare and improve patient care across the country. Jivi AI #AndrewNg #AI #Jivi #Microshots #HealthcareInnovation #HealthTech
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🚀 Exciting News from Docstribe! 🚀 We are thrilled to announce that Docstribe has secured undisclosed funding from a prestigious institution and the angel community. This milestone marks a significant leap forward in our journey. Additionally, we have entered into strategic partnerships with two of the largest hospital chains in India. These collaborations are set to revolutionize the healthcare ecosystem by integrating the best aspects of generative AI. Our commitment remains stronger than ever to enhance patient care and outcomes, alongside driving revenue growth. We are excited about the opportunities these developments open up and look forward to making a lasting impact. Stay tuned for more updates as we continue to innovate and transform healthcare. #HealthTech #Innovation #Partnership #AIinHealthcare #startup #ventureCapital #investments #seed #growth
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Are you ready to witness the visionary solutions that are redefining industries as we know them? We are proud to have these innovators with us: 🦋BrainTrip: Leading the charge in brain-wave devices and brain-diagnosis apps with their vertical SaaS platform that's setting new standards in healthcare technology. 🧠 🦋CheMOnitor: Utilising proprietary AI and blood tests to predict chemotherapy effectiveness in lung cancer cases, offering a groundbreaking approach to personalised cancer treatment. 🫁 🦋Neofunction: Redefining oral hygiene through cutting-edge solutions crafted by passionate dental health professionals, pushing the boundaries of dental care and wellness. 🦷 🦋Fabler: Setting a new paradigm in children's content by personalising it with cloned voices of parents, making every bedtime story an unforgettable experience for families. 😴 🦋Bionome Innovation and Technology Ltd.: Pioneering genetic engineering and sustainable bioprocessing to shape the future of nutraceuticals and pharmaceuticals, revolutionising the way we approach healthcare and wellness. 🧬 Get ready to witness these startups make a profound impact on tomorrow's world! 🤜🤛 . #startups #labenaventures #labena #accelerator #acceleratorprogramme #akcelerator #biotech #pharma #healthtech #food #founders #environment #bootcamp #investing #entrepreneurship #preseed #incubator #businessmentorship #cee #centralandeasterneurope #partner #mentor #bootcamp
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Huma, a London-based healthcare startup, has raised $80 million in a Series D funding round • The company plans to expand its AI services and introduce a new cloud platform • Huma's clients include pharmaceutical companies like Bayer and the UK's NHS • CEO Dan Vahdat emphasizes the importance of AI in developing scalable digital health solutions • Company uses #AI #algorithms to embed predictive and diagnostic functionalities into its platform • Huma secured this funding despite challenging market conditions for health technology companies • In August 2023, Huma reduced its workforce by 10% as part of a cost-cutting strategy • Funding round attracted both new and existing investors, including straZen, HAT FUND INC managed @HATGR, Fund byachi Ventures, and Leaps by Bayer • New funds will be used to expand the Huma Cloud Platform's operations and for strategic acquisitions • Huma aims to strengthen its presence in the United States and reinforce its AI initiatives • The company has previously acquired iato, a patient engagement platform, and Alcedis - a HUMA company, a German digital clinical trials startup
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Turning revolutionary ideas into real-life solutions is the neverending mission of Cedars-Sinai Technology Ventures and the Cedars-Sinai Accelerator. Our organizations, led by Jim Laur, chief intellectual property officer of Cedars-Sinai, and Nirdesh K Gupta, PhD, managing director of Technology Ventures and the Accelerator, constantly evaluate and propel technologies addressing the needs of patients and clinicians worldwide. Want to learn more? Check out the Cedars-Sinai Newsroom interview with Laur and Gupta where they describe how we work with entrepreneurs and their cutting-edge technology to reshape the healthcare industry on a global scale. READ MORE HERE: https://lnkd.in/gC-jtXad #CSaccelerator #healthinnovate #healthaccelerator #HIT #healthdisruptors #CSAclass10
Cedars-Sinai Technology Ventures: Turning Ideas Into Innovations
cedars-sinai.org
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