Geek Ventures’ Post

It's official! Spike has closed $3.5M in seed round! 🎉 💥 We recently closed an oversubscribed seed round to speed up the adoption of GenAI tech and integrate health data for healthcare businesses - more deets in the article below. 👇 Our seed round was co-led by Practica Capital and TheVentureCity with participation including CEAS Investments, Plug & Play Ventures, Geek Ventures, and Axel Springer Porsche (APX). 👏 With speed being synonymous with Spike, I’m very excited to see what’s next! If you’re in healthcare or digital health - let’s talk.  If you’re looking to join a new adventure - let’s talk.  If it’s been a while since we last talked - you know what to do! #announcementdone #backtobuilding #andcelebrating 

It's official! Spike has closed $3.5M in seed round! 🎉 💥 We recently closed an oversubscribed seed round to speed up the adoption of GenAI tech and integrate health data for healthcare businesses - more details in the article below. 👇 With speed being synonymous with Spike, I’m very excited to see what’s next! 👏 If you’re in healthcare or digital health - let’s talk. If you’re looking to join a new adventure - let’s talk.

𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 : 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐓𝐡𝐚𝐭 𝐀𝐫𝐞 𝐂𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐋𝐢𝐯𝐞𝐬 𝐆𝐫𝐚𝐛 𝐭𝐡𝐞 𝐏𝐃𝐅: -https://lnkd.in/dWU3yqfV 𝐀𝐈-𝐃𝐫𝐢𝐯𝐞𝐧 𝐃𝐢𝐚𝐠𝐧𝐨𝐬𝐭𝐢𝐜𝐬: Highlight startups like PathAI and Paige.AI that are utilizing artificial intelligence to enhance diagnostic accuracy in pathology. Explain how AI algorithms are being trained to detect diseases from medical images with unprecedented precision. 2. Telemedicine Trailblazers: Discuss how startups like Teladoc and Amwell have revolutionized telehealth, making healthcare more accessible and convenient. Share stories of patients who have benefited from remote consultations and virtual care. 3. Wearable Technology Leaders: Explore how startups such as Fitbit and Oura Ring are creating wearable devices that monitor vital health metrics. Describe the potential of wearables in early disease detection and preventive healthcare. 4. Data Analytics Visionaries: Explain how startups like Tempus and Flatiron Health are using big data analytics to improve cancer care. Showcase examples of data-driven insights that have led to more effective treatments. 5. Mental Health Innovations: Discuss the rise of digital mental health startups like Talkspace and Calm, which offer accessible mental health support. Highlight the importance of addressing mental health in today's society. 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦: 1. Startup Incubators and Accelerators: Explain the role of organizations like Y Combinator and Rock Health in nurturing digital health startups. Showcase success stories of startups that have benefited from these programs. 2. Healthcare Giants: Mention partnerships between startups and established healthcare companies like Google Health, Apple Health, and Amazon's PillPack. Describe how these collaborations are shaping the industry. 𝐅𝐮𝐭𝐮𝐫𝐞 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: 1. Personalized Medicine: Discuss the potential for startups to play a pivotal role in advancing personalized medicine through genomics and AI. 2. Blockchain in Healthcare: Explore how blockchain technology can enhance data security and interoperability in healthcare, creating opportunities for startups. 3. Global Expansion: Highlight the international growth prospects for digital health startups, especially in emerging markets. 4. Mental Health Focus: Emphasize the increasing importance of mental health and the opportunities for startups to innovate in this space. 5. Digital Therapeutics: Explain how startups are developing digital therapeutics as a new category of medical treatments.

#Healthtech #AIinHealthcare #Telemedicine #WearableTech #BlockchainHealthcare #DigitalHealth #HealthcareInnovation This is interesting. The impact of technology on health is constantly changing, more than ever before.

This Week's Update: Healthtech Industry News The Healthtech sector continues to innovate at a rapid pace, reshaping healthcare delivery and patient care globally. Here are the key developments this week: AI-Powered Diagnostics Expanding: AI in diagnostics is gaining traction with companies like Google Health and IBM Merative making strides in early disease detection. Recent studies show that AI tools can now diagnose conditions like cancer and cardiovascular disease more accurately and efficiently, reducing the burden on healthcare professionals. Telemedicine’s Permanent Role Post-Pandemic: Telehealth usage remains high even post-pandemic. Startups like Teladoc and Doctor On Demand are expanding their services, integrating mental health support, remote monitoring, and more specialized care. Governments are also exploring ways to integrate telemedicine permanently into healthcare systems. Wearable Health Devices Evolving: Wearables like the Apple Watch and Fitbit Enterprise continue to advance, now offering more precise monitoring of vital signs, glucose levels, and even early warnings for heart issues. These devices are playing a larger role in preventive care and remote patient monitoring. Blockchain in Healthcare: Blockchain technology is increasingly being adopted in healthcare to enhance data security and streamline patient information sharing. Companies like Chronicled and Medicalchain are using blockchain to ensure secure, tamper-proof records, improving transparency and trust in healthcare systems. Healthtech Funding Surge: Venture capital investment in Healthtech is surging, with companies focused on AI, digital therapeutics, and biotech receiving record funding. Firms like Ro and Huma have raised significant rounds, highlighting the ongoing interest in digital health solutions. The future of healthcare is being redefined by technology, making patient care more accessible, efficient, and data-driven. #Healthtech #AIinHealthcare #Telemedicine #WearableTech #BlockchainHealthcare #DigitalHealth #HealthcareInnovation

Thoughts on this? >> Imperative Care closes potential $150M Series E and more digital health fundings >> Comment below! >>> lqventures.com #digitalhealth #socialmedia #digitalmarketing #industry40 #IoT #AI #healthtech #mhealth

In the coming decade, Healthcare IT will reshape the global healthcare system through Al, telemedicine, blockchain, genomics, and automation. From personalized medicine to real-time health monitoring via wearable devices, technological advancements will enhance patient care worldwide. Telemedicine will break down barriers to access, especially in rural areas while blockchain will secure patient data across borders. India stands to benefit from these global innovations, improving both care delivery and patient empowerment. Overall, Healthcare IT will usher in a more connected, data-driven, and patient-focused approach to healthcare across the globe. And I believe the following areas would need help from the New generation to navigate and support this change and also creating new wide range or career opportunities globally. - AI and Machine Learning for a global health revolution. - Telemedicine in healthcare could help patience forget geographical Boundaries. - A global solution for healthcare security through Blockchain. - Genomics and Personalized Medicine to create tailored aproach to health. - Wearable technology and Real-Time health monitoring. - Automation in healthcare to Streamlining Global Operations. - Digital health platforms to empowering Patients globally. - Bioprinting and Regenerative Medicine to revolutionizing Transplants. - Big Data and Public Health to have a Data driven future converting human errors to almost zero. - Healthcare Consumerization to allow patients to become decision makers, unlike today.

How are digital HealthTech startups disrupting the traditional healthcare system? And, is there an even more disruptive phase ahead? Healthcare is busy catching up with the digital revolution. The current wave of HealthTech startups getting traction is highly focused on integrating hardware and software tech with traditional care delivery, mainly through the following three formats: 1) Integrated specialist care (e.g. Paloma Health, Brightside Health or Midi Health) 2) Health Wearables & Remote Patient Monitoring (e.g. SOVN, FibriCheck) 3) Behavioural apps (e.g. Daylight, from the creators of Sleepio, Rebel Care) Once they reach more scale there's a lot of value here! But I'm even more excited about the next Phase of Innovation around Service-as-Software which is tackling the crazy expensive 80% of the healthcare sector that is services. We won't be able to drop prices (and increase access) exponentially without step-changing new technologies. Think: 👉 Personal virtual health coaching 👉 Continuous (remote) biomarker testing 👉 Faster and cheaper imaging and diagnostics I think we're getting so much closer to getting these good enough to drive meaningful adoption and we need to rely on the following to drive this: 👩💻 Technology disruption in LLMs, image recognition, predictive modelling, MedTech and blockchain 📱 Consumer adoption of preventive medicine and digital tools 🏛️ Regulation & Payment Flows Huge opportunity, but lots of work to be done! More details on my latest Substack post - link in comments 👇 #healthtech #innovation #healthcareinnovation

Thoughts on this? >> Learning from funding missteps in the digital health startup ecosystem >> Comment below! >>> lqventures.com #digitalhealth #socialmedia #digitalmarketing #IoT #mhealth #industry40 #healthtech #AI

Thoughts on this? >> Regard secures $61M to research LLMs, expand clinical insights platform >> Comment below! >>> lqventures.com #digitalhealth #socialmedia #digitalmarketing #industry40 #mhealth #healthtech #IoT #AI