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Pfizer to fund six startups through its INDovation program for healthcare

Economic TimesEconomic Times · 8m ago
Pfizer to fund six startups through its INDovation program for healthcare
Medial

Pfizer and NIPER-Ahmedabad, in collaboration with other organizations, have announced the winners of Pfizer's INDovation program for healthcare start-ups. After receiving over 200 applications, six start-ups were chosen based on their potential impact, technological innovation, value proposition, scalability, and future roadmap. Each winner will receive a grant of Rs 25 lakhs from Pfizer and incubation support from NIPER-Ahmedabad. The winning start-ups include Aarca Research, Babycue Pvt Ltd, Biolockey Healthworks Pvt Ltd, Brela Innovations Pvt Ltd, RNT Health Insights Pvt Ltd, and Utopic Tech Pvt Ltd. These start-ups will also receive funding and support for pre-clinical and clinical studies.

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Autism Impact Fund closes $60 million first fund and broadens its scope

TechCrunchTechCrunch · 1y ago
Autism Impact Fund closes $60 million first fund and broadens its scope
Medial

Autism Impact Fund (AIF), a venture capital fund focused on investing in startups that address autism spectrum disorder (ASD) and related conditions, recently closed its first fund at $60 million, surpassing its initial target of $50 million. AIF, led by co-founder and managing partner Chris Male, aims to revolutionize the status quo for autism through the venture capital model while delivering strong returns. The fund has already made investments in 12 startups in the neurodiversity space and plans to raise its second fund within the next six to nine months. AIF's portfolio includes companies in the life sciences, data- and tech-enabled services, and the fund will further expand its focus to include behavioral health, innovative healthcare solutions, and value-based care frameworks.

MathWorks is an ally in accessibility, enabling healthcare startups to build solutions for rural India

YourStoryYourStory · 9m ago
MathWorks is an ally in accessibility, enabling healthcare startups to build solutions for rural India
Medial

In India, technological advancements in healthcare have predominantly been limited to urban areas, leaving rural regions with limited access to quality healthcare. However, healthtech startups leveraging technologies like telemedicine and AI are working to bridge this gap. The MathWorks Accelerator Program supports healthcare startups by providing free access to industry-proven software, technical expertise, and guidance from domain experts. Through this program, startups can develop innovative medical devices and solutions that cater to the needs of rural healthcare in India. Startups like iMedrix and PlebC Innovations have already made significant contributions in preventative cardiac care and accessible ultrasound procedures.

AIC T-Hub selects 20 startups for healthcare program’s 5th batch

EntrackrEntrackr · 3m ago
AIC T-Hub selects 20 startups for healthcare program’s 5th batch
Medial

AIC T-Hub selects 20 startups for healthcare program’s 5th batch. Startup incubator T-Hub in collaboration with Atal Innovation Mission (AIM) has announced the launch of the 5th cohort of AIC T-Hub Healthcare Program. The program has selected 20 promising startups from a competitive pool of over 209 applications. As per T-Hub, this three-month hybrid program is designed to accelerate innovation in MedTech, digital health, and healthcare accessibility by providing startups with mentorship, market access, investor engagement, and regulatory guidance. Among the selected startups are Artyem Care, Bioscafil, Chqup, Cloud Palliative Care, Dag2IL, Epirelief, Dr. DICOM (GLOCAL DIGITAL), Kashi Medicos, Nahush Pharma, Oui Medical, Planytics, Reyansh Technologies, Sigma Mozak, Signel Biomedical, Skinska, Tap Health, thebabyland, TurocratesAI, 365Veda, and Warkas. These startups were selected based on their proof-of-concept readiness, technological innovation, regulatory compliance preparedness, market potential, and the strength of their founding teams. Through this program, startups will gain access to leading hospitals and healthcare institutions for real-world validation and pilot studies, ensuring their solutions are market-ready and clinically viable. Additionally, by engaging with venture capitalists, healthcare firms, and policymakers, startups will have opportunities to forge strategic partnerships and secure funding. Since its inception, AIC T-Hub has supported 53 healthcare startups across four previous cohorts in MedTech, digital health, and healthcare accessibility. These startups have collectively raised over Rs 60.46 crore in funding from investors and grants, facilitated more than 180 market access opportunities with hospitals, corporates, and healthcare institutions.

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