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Singapore: Biofourmis raises US$1 million angel funding

Medical data analystics company Biofourmis has raised US$1 million in angel funding, led by South Africa’s SpesNet and Eden Strategy, as well as other investors. BioFourmis has developed a personalised analytics engine for physiological data.

Founded by Kuldeep Singh Rajput in November last year, Biofourmis won the Healthcare Information & Management Systems (HIMSS) inaugural innovation award in APAC last year, which brought the company initial support from SpesNet and allowed it to develop its Biovitas analytics engine.

Posted on: 12/08/2016 UTC+08:00


Boston-based TA Associates, a global growth private equity firm, has completed a significant minority investment in Indira IVF, an infertility treatment provider headquartered in Udaipur, Rajasthan.
Digital integrated healthcare ecosystem MyHealthcare has raised $3 million from Sixth Sense Ventures, as part of its ongoing Series A fund raise.
Technology company NEC Australia has secured contracts worth more than A$23 million to enhance information and communications technology interconnectivity within the Western Australia public health system.
Chicago-based recruitment company Professional Diversity Network has announced it intends to enter into the health and wellness industry in China.
Home care booking services portal CaregiverAsia and house-call doctor app Speedoc have entered into an agreement to cross-refer their respective pools of doctors, nurses and other healthcare professionals to each other’s customers.
Jakarta-based healthtech start-up Medigo, founded in May last year, has raised seed funding from Venturra Discovery, the new seed investment arm of Venturra Capital.
Ontorio-based Aleafia Health has increased its strategic investment in CannaPacific, a medical cannabis company federally licensed to cultivate and research cannabis in Australia.
Less than three months after acquiring RHT Health Trust, hospital chain Fortis Healthcare’s international arm and merchant bank Stellant Capital Advisory Services have begun talks to sell a stake.


Sumit Sharma and Matt Zafra, head and principal of health & life sciences, Asia Pacific at Oliver Wyman, look at what we can expect in 2019.
Edwin Tong, senior minister for health, explains how the Ministry of Health in Singapore is supporting the growth in the number of seniors with Alzheimer's.
Penny Wan, regional vice-president and general manager, Japan and APAC, Amgen, writes about the public health challenge of cardiovascular diseases.
French-based international ophthalmic optics company Essilor has signed Letters of Intent with the Royal Government of Bhutan and the Central Monastic Body to strengthen the country’s vision care infrastructure.
April Chang, country manager at Cigna Singapore, argues that wellness programmes at work can lead to reduced absenteeism, higher productivity and increased morale among employees.
Steven Fang understands how to set up a healthcare company. Not only is he chief executive and founder of ASX-listed oncology company Invitrocue, he was also the founder of Singapore-based Cordlife Group, a healthcare company which provides cord blood and cord lining banking services.
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The digitisation of health data through blockchain technology is a groundbreaking solution that will empower patients and provide them with better access to healthcare.
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