Fundraising for a healthtech or biotech company in 2024 or 2025? Here's some very actionable advice... Dr. James Somauroo recently caught up with Gian Seehra, a former biotech entrepreneur and VC, who shared some real-world, no-nonsense advice on how healthtech founders can ace their fundraising game for a Q&A. Here’s the TLDR: (get the full Q&A at the link and there's even a podcast) 💰 Yes, your deck needs to be polished, but don’t get too hung up on it. Remember that it's just your ticket to the next round... a meeting. The real win comes from a strong narrative and a solid network. The process to building both are in the article. 💰 Think of fundraising like a marathon, not a sprint. Spend time warming up your network, practicing your pitch, and refining your story. A well-prepped founder is a formidable force. 💰 Investors aren’t just looking at numbers, they’re looking at you. Engage in conversations, tailor your pitch to what matters to them, and most importantly, follow up promptly. This isn’t just about selling your idea; it’s about building relationships. We go through common pitfalls on the podcast. 💰 If things aren’t going as planned, don’t drag it out. Learn, pivot, and keep moving. Sometimes a “party round” with multiple investors is the way to go. Learn what that is and how to do it in the article / on the podcast. 💰 Investors are more cautious these days, so be realistic with valuations and laser-focused on your business fundamentals. And there are many alternative funding options to explore to keep things moving forward... Gian’s advice is a masterclass in fundraising without the fluff... Practical tips one after the other to help you win in a tough market. You'll find knowledge 💎 a-plenty and more in depth explanations from Gian in the article and The Healthtech Podcast episode. Link to the blog & pod here ➡️ https://lnkd.in/e9uNasNH #Healthtech #Fundraising #StartupAdvice #VC #Entrepreneurship
SomX
Public Relations and Communications Services
London, Greater London 5,387 followers
A communications and creative agency elevating healthcare.
About us
SomX is a communications and creative agency elevating healthcare. We are clinicians, scientists, creatives and communicators dedicated to serving our healthtech, biotech, pharma and public sector clients.
- Website
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http://somx.health
External link for SomX
- Industry
- Public Relations and Communications Services
- Company size
- 11-50 employees
- Headquarters
- London, Greater London
- Type
- Privately Held
- Founded
- 2020
- Specialties
- healthcare, healthtech, digital health, biotechnology, investment, venture capital, startups, scale-ups, accelerators, corporates, wellness, tech, technology, communications, PR, content, media, podcasts, video, messaging, value propositions, events, and strategy
Locations
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Primary
London, Greater London WC1, GB
Employees at SomX
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Huw Penson
SomX | Healthtech Pigeon | Comms & Marketing
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Jessica Somauroo
Cofounder at SomX | Healthcare Communications
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Dr. James Somauroo
CEO at SomX | Healthcare Communications
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Belle Taylor
Healthtech & Biotech | Strategic Marketing & Client Services | Senior Account Director at SomX | Biotech Dodo
Updates
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Ever feel like you should be saying *something* on LinkedIn but not sure where to start? Here's a 10-tip cheatsheet to polishing your profile ⬇️ Maybe you’re looking for a new role, trying to market your healthtech or biotech startup, or maybe you just want to meet more people in the industry. Whatever the reason, your first step to success is your profile; a ship-shape, well-optimised personal page is your LinkedIn front door. It makes sure anyone who stumbles across it immediately knows who you are, where your expertise and interests lie, and why they should trust you. To help you banish the inertia, Belle Taylor has shared 10 easy ways to fast-track your profile to LinkedIn glory – no more hovering over the 'post' button...you’ll be a pro in no time! 👉 https://lnkd.in/eqievsXH #somx #healthtech #biotech #marketing #healthtechcomms
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TORTUS in the headlines 📰: Anyone who’s worked in the NHS will know that grabbing two minutes for a cup of tea is sometimes the best you can hope for during your shift. But what if AI technology could help you cut hours off your admin workload every day? 🤔 We introduced The Telegraph's Dr David Cox to TORTUS to explain some of benefits AI technology is already bringing to healthcare systems and patients including: 🕐 Giving clinicians back time to spend with patients 🔬 Detecting disease at an earlier stage 🔮 Predicting future health outcomes 📋 Planning transformative early interventions If you want to catch more on Dr Dom Pimenta M.D.'s discussion with David, check out the link to the full article in comments 🐢 ⬇️ Big thanks to David for the conversation 🙏 #healthtech #digitalhealth #aiinhealthcare #genai #nhs
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If you've had enough of sipping pina coladas and getting caught in the UK Summer rain, fear not... our monthly round-up of the best events is back, to give your calendar a buzz! 🐝 🍹 But here's a tip - make sure your social batteries are fully recharged because September is looking busy!! This month's edition is chocked full of opportunities across Europe, and as always, features discounted ticket codes and some sneaky pre-registrations for events that you will not want to miss! See you soon!!! And if you're not already subscribed... hit the link in comments ⬇️ #healthtech #digitalhealth #healthinnovation #biotech #lifesciences
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The women's health sector is booming, with trailblazers dismantling taboos and filling critical gaps in knowledge and healthcare... Within a crowded market, here are our top 5 game-changing companies: 🧪 Hertility’s at-home hormone and fertility test helps women at every stage of life understand and take charge of their reproductive health. 🍼 BoobyBiome’s pioneering research into the breast milk microbiome is helping ensure that every baby has access to the bacteria needed for healthy development. 💊 Dama Health’s innovative contraception screening is empowering women to make informed reproductive health decisions. 🩸 Flo Health Inc.’s period, ovulation and pregnancy trackers helps women know their body and prepare for menstruation and pregnancy, with symptom calculators and evidence-based information. 🌿 Daye’s diagnostic tampon provides a novel way to screen for STIs and gynaecological microbiome health, while their CBD-infused period-care helps manage period cramps. These companies are not just developing products, they're fostering a new era of open dialogue, research and innovation in women's health. Which other companies should be on our radar? 👀 #femtech #womenshealth #healthcare #healthtech #digitalhealth
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In a sea of startups vying for investment, is yours cutting through the noise? In our recent Comms 102 workshop, we shared how communications can be the secret tool in your arsenal when raising. And no, it’s not all about your pitch deck (although that helps!) In fact, we’d argue comms is the oft-overlooked key to fundraising success. And considering it impacts every stage of your investment journey – from research and outreach, to round-close – you should probably be paying it more attention. So how can you leverage communications to work in your favour when raising investment? 🤔 1️⃣ Craft compelling messaging – alongside an engaging pitch deck and website – that resonates with investors and clearly demonstrates your vision, value propositions and impact. 2️⃣ Share high-quality thought leadership in relevant media, to catch the eye of potential investors and build trust and credibility. 3️⃣ Think beyond the co-founders: consider how you can showcase the expertise of other people in your company to evidence your strong team credentials. 4️⃣ Leverage both earned and owned media. After all, comms and PR work best when they work together. If you couldn’t attend our workshop, we’ve got your back! Download the deck today for your fundraising comms essentials 🔗 ➡️ https://lnkd.in/eWZTX-FS And if you’d like to dive even deeper, reach out to the team and we'll be happy to help: https://lnkd.in/em5rjyCE #healthtech #biotech #fundraising #marketing #communications
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When SomX went Pigeon shooting... 🐦 Fear not - no Healthtech Pigeons were harmed during proceedings and your weekly avian newsletter and podcast will still be landing in your inboxes on Sunday 📩 After a brief hiatus, SomX team day returned for the first time since April to celebrate the re-appearance of the sunshine. As a virtual team, our (almost) monthly IRL meet-ups bring us all together to remind us how tall (or not) everyone is and that we aren't just avatar apparitions! Alongside virtual clay pigeon shooting, which provided appropriate levels of forced fun and friendly competition, we indulged in a smorgasbord of cultural cuisine in Canary Wharf, plenty of celebrations and a smattering of work around the edges, before heading off back across the country into the sunshine. Until the next time team! #healthcarecommunications #healthtech #digitalhealth #biotech #agencylife
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When testimonials are too good not to share... The power of a solid communications strategy that unites bold, consistent brand, with clear messaging, defined value propositions and business objectives doesn't always get the credit it deserves. Getting this right in healthcare and life sciences isn't always easy either - it's hard to cut through the noise and the sea of bland, blue creative to reach your customers, partners and stakeholders - but with the right energy, expertise and team, you can smash those objectives. We love working with brilliant people and brilliant companies, becoming an extension of your team to dream big and deliver bigger results. It's fair to say the amazing EQL team tick all of those boxes and some - there really is never a dull day! If you want support across brand, creative, media and PR, multimedia content, events and strategy and you're looking for a comms partner that just gets it*, you're in the right place... But don't take our word for it - take Peter's word for it instead! Huge props to our EQL pals, you're smashing it and thank you for making those client calls the highlight of our week! 🫶🏼 *By 'IT' we mean #healthcarecomms #healthtech #digitalhealth #lifesciences #biotech 🙋🏽♀️
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We don't know everything....but we do know healthcare communications. Our general knowledge might be a liiiiittle lacking, but our people are the best in the health, biotech, life sciences and healthtech comms biz. 🚀 Grounded in healthcare and science, we'll help you define your USP and communicate the right value, at the right time, to the right people – whoever your audiences are. Communication for communication's sake isn't a strategy. But communications crafted specifically to meet your business goals? That's where we're at. 🎯 So whether you're looking to raise your next round, launch your product to market or make the industry sit up and take notice, we've got you covered. From press and PR, to multimedia content, beautiful creative and branding, and even events – we'll help you define and execute a communications strategy that works. So while we might not be first (or last...) pick for your pub quiz team, you definitely want us on your marketing and comms team. 🙋♀️ Get in touch if you need help unpicking a knotty problem or just figuring out where to start. But probably not if you're down a member at this week's quiz... #healthtech #communications #healthcare #marketing #biotech
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Struggling to know where to start with biotech news? No problem, Biotech Dodo has you covered! 🦤 Catch up with Issue #3, filled with the latest biotech updates, research breakthroughs, podcast picks, job listings, and events. Perfect for when you want to stay informed but don’t have much time. Subscribe now and get all the biotech news delivered straight to your inbox!👇
Things are getting hot, hot, hot in Biotech this week! 🦤🌞 This Dodo has jetted off to sunnier climes, but fear not, for this week’s biotech news is scorching: scientists discover a way to edit genes without CRISPR, AbbVie scoops up IBD-focused Celsius, Google unveils a new drug discovery LLM, and Exsilio Therapeutics bounds out of stealth with $82M investment. Elsewhere, Labiotech explores biotech megadeals, and we’re fanning our feathers over some hot podcasts and showcasing jobs to help you spread your wings. This week’s biotech roundup includes…👇 🧬 New gene editing method without CRISPR (Ryan Cross) 🔥 AbbVie acquires Celsius for $250M (Gabrielle Masson) 📱 Google unveils new LLM for drug discovery (Jessica Hagen) 🏃🏾♀️ Exsilio exits stealth with $82M (Gwendolyn Wu) 💰 Surge in biotech megadeals (Jules ADAM) Tune into… 🎧 Biotech for our Pets (I am BIO by Theresa Brady) with David Bruyette, Chief Medical Officer, Anivive Lifesciences and Tammie Wahaus, Founder and CEO, ELIAS Animal Health 🎧 Early Detection and Treatment of Alzheimer's (The Long Run by Luke Timmerman) with Valerie Daggett, founder and CEO of AltPep. Apply to… 📎 Pharmacy Vaccine Account Executive, Inizio Engage 📎 Award: Women in Biopharma R&D, Endpoints News Join people from Roche and Bayer and subscribe to find all these stories in our weekly Biotech Dodo newsletter. Issue #3 out now: https://lnkd.in/eq4PTPjF