South Korea

Medications tracking feature now live on Samsung Health app
By  Adam Ang 10:48 pm December 28, 2023
Meds tracking live on Samsung Health  Samsung Electronics has started rolling out a new Medications tracking feature on the Samsung Health app to help users manage their medications and improve adherence. The feature helps users keep track of their prescription and over-the-counter medications. It also provides users detailed information about their medications, including potential side effects...
Business people closing a deal after a meeting
By  Adam Ang 12:48 pm December 22, 2023
Indian AI drug discovery firm gets $1M to focus on rare diseases Peptris Technologies from Bangalore, India has received $1 million in pre-seed funding in a round led by Speciale Invest. In a statement, the AI-driven drug discovery company said it will use its fresh funds to expand its research scope to cover rare diseases, adding to its existing work in cancer and inflammation.  Cipla raises...
Neurophet logo
By  Adam Ang 01:49 am November 17, 2023
Neurophet scores $15M in Series C funding, announces 2024 IPO South Korean company Neurophet, a provider of brain image analysis software, has raised 20 billion won ($15 million) in a Series C funding round participated by institutional investors, such as KB Securities, Mirae Asset Securities, and IBK Industrial Bank of Korea. This brings its total investments since its founding in 2016 to 50...
An analysis report generated by the Lunit INSIGHT DBT
By  Adam Ang 01:46 am November 16, 2023
Shareholders of KOSDAQ-listed Lunit have recently participated in the company's recent capital raise, paying-in $150 million to fund its development of "next-generation" products and further expansion in the West.  Meanwhile, the AI cancer diagnostics solutions provider obtained its third 510(k) clearance from the United States Food and Drug Administration. WHAT IT'S FOR In a company disclosure,...
Medical students wearing Jolly Good VR headset
By  Adam Ang 11:45 pm November 9, 2023
Jolly Good announces new palliative care VR training module Jolly Good in the United States, in partnership with Harvard-affiliated Brigham and Women’s Hospital, has developed a new VR training module in palliative care communication.  They came up with the VR module to help medical professionals acquire the necessary communication skills to provide care to terminally ill patients and their...
Sky Labs' CART BP ring-type blood pressure monitor
By  Adam Ang 12:22 am October 17, 2023
South Korean health tech startup Sky Labs has raised 20.7 billion won ($15.3 million) in a Series C funding round led by the government-run Korea Development Bank.  K2 Investment Partners, Devsisters Ventures, SJG Partners, and OpenWater Investment also joined the investing round.  This brings its total investment to 54.8 billion won ($40.5 million). It last raised $20 million in a Series B round...
Good Doctor mobile app
By  Adam Ang 01:55 am October 13, 2023
Good Doctor collects $10M for Indonesia expansion Telehealth startup Good Doctor has raised $10 million in a Series A funding round led by MDI Ventures. Existing investor Grab also joined this round.  In a statement, CEO Danu Wicaksana said the fresh funds will be used to develop its enterprise technology platform, as well as new products and services.  The fund will also help in its expansion...
Coreline Soft executives in the company's KOSDAQ listing at Korea Exchange
By  Adam Ang 01:15 am September 22, 2023
Coreline Soft debuts in KOSDAQ Early this week, Coreline Soft made its debut on the Korea Exchange's secondary trading board KOSDAQ in South Korea.  Following this, the medical AI company said in a LinkedIn post that it will proceed in developing its product pipeline and expanding its solutions.  "In the rapidly evolving field of medical AI, we aim to solidify our leading position in the chest CT...
AWAK Technologies digital health monitoring platform
By  Adam Ang 10:24 pm September 14, 2023
AWAK bags $20M in Series B funding Despite a challenging market condition, Singapore-based medtech AWAK Technologies has raised more than $20 million in a Series B funding round – one of the biggest funding raises in Southeast Asia this year. The round was co-led by Lion X Ventures and Vickers Venture Partners.  AWAK is developing a portable peritoneal dialysis device that allows users to undergo...
MrMed logo
By  Adam Ang 11:23 pm August 31, 2023
E-pharmacy MrMed scores half mil for expansion Online pharmacy MrMed has raised $500,000 from a funding round led by the Tamil Nadu Emerging Sector Seed Fund. According to a news report, the company will use its fresh funds to expand its team and reach out to more customers.  Launched in 2021, the pharmacy startup offers specialty medicines for cancer, heart disorders, and other critical health...