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As sector agnostic investors, we get a first-hand look at tech-enabled startups across a number of different verticals. One which you may not have heard much about is HTaaS — or Hospitality Tech as a Service. The post Hospitality Tech as a Service appeared first on 500 Startups.
Read on to learn why Joachimsthaler believes this framework encourages innovation more than any other business model. Fourth, interaction field companies enable sharing of value creation. Tesla has offered to share its innovative battery technology and other software with the automotive industry. I like Flatiron Health.
Co-founder of Owned Outcomes Krupa Srinivas explores the value of fear in an entrepreneur’s journey as she describes partnering with a US healthcare intermediary to solve the problem of cataloguing hospital supplies. The US hospital supply chain is one of the largest supply chains in need of an overhaul. Learn more now. .
Boston Children’s Hospital has piloted or promoted dozens of voice applications and Cedars-Sinai Medical Center has supported the development of platforms like Sopris Health and Aiva Health. Streamlining Patient & Provider Communication Via Voice-Enabled Applications Patient satisfaction impacts providers’ financial performance.
Health systems and hospitals face unprecedented cybersecurity challenges. Department of Health and Human Services Office for Civil Rights website indicates that health organizations—hospitals, health systems, medical centers, physician’s offices, and healthcare companies—have reported 449 data breaches in just the last 24 months.
Consumer frustration with their existing healthcare has spurred innovation, in particular, emerging health focused digital platforms such as Lifeforce that have received investor funding. Lifeforce is a telehealth driven model that lowers cost, reduces friction, and makes personalized health optimization more accessible.
This achievement also enables the miniaturization of the dialysis machine to a size that can be conveniently carried in a small bag. The company’s immediate priorities include completing an ongoing human pre-pivotal clinical trial in collaboration with Singapore General Hospital.
While some of the hardest-hit industries such as hospitality, travel and entertainment industries are sure to come back to life, other changes might be longer lasting. Businesses that provide this enabling technology and equipment can capitalize on this with special pricing and promotions. Direct to Consumer Brands. What am I missing?
Hourglass Ventures led a recent funding round that included Mayo Clinic Ventures Medtech innovator JOGO Health now has the funding to expand the use of its breakthrough technology having just closed a $5.5 But they are not done—opening up a Wefunder campaign for retail investors to share in their innovation.
OurCrowd portfolio company CyberMDX , which protects medical devices and millions of medical records from a rising wave of cyberattacks, is reaching European hospitals through a new partnership with Alphatron Medical, AIthority reports. Top industry speakers highlight each trend with exclusive intel on the most innovative startups.
This large-scale global pandemic made healthcare – an industry traditionally slow to adopt innovation because of cumbersome regulatory and governmental pathways, low IT budgets, legacy systems, lack of trained personnel, and more – ripe for disruption.
The award is the latest in a series of accolades for the Korean human safety technology company, including being selected as a ‘Top 3 Startup’ at CES 2020 by IEEE and winning the Innovation Award two years in a row at CES in 2022 and 2023.
The API-based tool, dubbed Grow, has so far been integrated with 22 tech entities across Africa including Topship, Barter by Flutterwave, Float, Fingo and Payhippo, enabling them to either bundle their main products with insurance packages or offer insurance as a standalone service. Image Credits: Curacel.
CAVA’s founders had a vision to bring heritage, heart, health, and innovation to the fast-casual sector. For CAVA’s co-founders, taste and hospitality unite. So they kept their focus trained on meeting more people in more places — through digital innovation and geographic expansion — with food that fuels and connects.
This new funding round will allow the company to solidify its leading position in the healthcare marketplace space while accelerating HDcare, HD’s new innovative elective surgery product. HDcare works with healthcare providers – many already on the HDmall platform – to increase utilization of hospitals’ and clinics’ operating room capacities.
On one hand, we’ve witnessed the vibrancy of America’s innovation engine, with notable contributions by U.S.-based Many of these challenges stem from a lack of alignment between payment and incentive models, as well as an overreliance on hospitals as centers for care delivery. based scientists and companies for vaccines and treatments.
The fastest traction we’re seeing are those helping the providers–those who interface with the customer like pharmacies, clinics, and hospitals–to digitize distribution to the consumer. Many startups operate in single or two countries, so expanding geographic footprints will be an enabler to draw in better funding.”
Over the last decade, there have been many innovations that have changed our lives by addressing long-standing pain points in age-old industries like transportation and financial services, and in so doing, raised complicated questions for policymakers and society. as the industry (hospitals, insurance companies, pharma, etc.)
million per dose , and many involve very intensive clinical regimens that require everything from travel to specialized centers, to multi-week hospital stays, to heavy clinical and caregiver support. Barriers to access also raise questions around health equity and the ethical code for distributing innovations to society evenly.
Most CleanTech companies need to interface with local utilities in order to deliver their innovations to the world. However, tht same culture is usually far too slow for startup-paced innovation. AccelVT and their sponsors are making Vermont one of the best places in the country for CleanTech innovation.
The travel sector has received limited venture funding in recent years, with a focus primarily on short-term rent cardinal hospitality. Utu aims to innovate the tax-free shopping industry by providing tourists with an easy way to reclaim Value Added Tax (VAT) on their purchases and enhance their shopping experience.
beSUCCESS spoke with Kang Seok-myung, CEO of Pixelro, the company behind “Nenoon” – an innovative service that digitizes eye condition diagnoses via an app. Choosing Pangyo, due to its proximity to hospitals, enabled us to receive expert advice from professors at Seoul National University Bundang Hospital.
Other classic examples of brands that embody a deeper identity: Apple, which has come to reflect innovation and simplicity; Nike, athleticism and empowerment; and Red Bull, adventure and adrenaline. So, how do you create a brand and products that reflect an ethos? A few strategies I’m bullish on below.
There’s widespread agreement that many of the changes that have enabled restaurants to persevere have become table stakes for guests and need to continue after the crisis ends. There is also shared angst over what still needs to happen in order for food and hospitality founders to keep their doors open.
Below are brief descriptions of the innovations developed by the companies. Also located in State College, Kijenzi, supplies replacement parts, medical devices, and occupational therapy tools by creating 3D printing farms that bypass long, expensive, or even non-existent supply chains for hospitals in Kenya. We Invest in Innovation.
My co-founder, Amy, was hospitalized in Thailand after taking counterfeit medicine. Despite the company’s innovation, funding has been few and far between, as with many deep tech platforms with a significant focus on Africa. He went into a coma for three weeks. “I survived a 21-day coma in Nigeria 15 years ago.
ChapChapGo enables businesses to transact online in a few minutes with simple invoicing, automatic reconciliation, and faster M-PESA checkouts. In Nigeria and many other African countries, patients unable to pay their hospital bills are detained in the hospital or left untreated. Image Credits: Antler East Africa.
MHM is also the biggest shareholder of IHH Healthcare Berhad, a leading premium healthcare provider that is currently operating in 80 hospitals in 10 countries and with more than 15,000 licensed beds. “Today, the global healthcare industry is facing many difficulties, such as rising medical costs and a shortage of healthcare workers.
Over half of hospitals are already operating at a financial loss. Our view is that 1) the latest advancements in AI offer a massive enablement opportunity to support our clinicians and 2) this can’t happen without the help of forward-thinking policymakers laying the payment infrastructure for AI-enabled care.
We are excited to continue our partnership with Watershed to drive innovation, efficiency and optimal outcomes for the providers, members and communities we serve.” We’re also measuring and promoting the care coordination behaviors that impact patient outcomes, enabling organizations to identify valuable partners.”
Besides, governments across Asia actively work on fintech regulations to balance innovation and consumer protection. With the new investment, Bunker will invest capital in its innovation and expand regional operations. SkorLife has emerged as a pioneering credit builder in Indonesia, co-founded by Ongki Kurniawan and Karan Khetan.
Insurance penetration in Africa is currently below 3% largely attributable to the slow adoption of innovation in the sector. The startup’s planned growth comes against the backdrop of a $10 million Series A equity funding in a round led by AfricInvest, through its Cathay Africinvest Innovation Fund (CAIF) , and Novastar Ventures.
For the first six years of its existence, Gupshup was best known for enabling users in India to send group messages to friends. These cheap texts and other clever techniques enabled tens of millions of Indians to stay in touch with one another on phones a decade ago.). “These are not advertising or promotional messages.
Obstetrics virtual care company Babyscripts raised $12 million in the first round of a Series B investment that will enable the company to accelerate the roll out of its virtual maternity care tool platform to providers. MemorialCare Innovation Fund led the investment and was joined by Philips Ventures and the CU Healthcare Innovation Fund.
This large-scale global pandemic made healthcare – an industry traditionally slow to adopt innovation because of cumbersome regulatory and governmental pathways, low IT budgets, legacy systems, lack of trained personnel, and more – ripe for disruption.
Six months in the hospital changed the way I looked at life yet again—from living one day at a time to looking toward the future. With the support and encouragement of my adventurous and innovative EO peers, I decided to follow my dream to eradicate poverty and hunger and move my family to Kenya.
The round was led by ProBatus Capital, a venture firm backed by Prudential Financial, with participation from Cathay Innovation and returning investors Insignia Venture Partners, ATM Capital and Hustle Fund. Lifepal was founded in 2019 by former Lazada executives Giacomo Ficari and Nicolo Robba, along with Benny Fajarai and Reza Muhammed.
The tour will end the week with a visit to Puerto Rico to explore innovation and entrepreneurship with Chef José Andrés. For the pitch competitions in Orlando, Tampa Bay, Miami, and Puerto Rico, innovative startups based within a 100-mile radius of a tour stop were invited to apply. DermaSensor | DermaSensor, Inc.
Through this participation, Vestella Lab aims to solidify its position in the Middle Eastern market by showcasing innovative parking solutions for overseas smart cities. At GITEX 2023, Vestella Lab introduced a smart parking navigation system centered around artificial intelligence. We’re here to facilitate valuable partnerships.
Today, urgent care centers occupy Main Street storefronts and 33% of all medical expenditures occur in hospitals. m with her two brothers in 2016 to disrupt student transportation, a space that hasn’t seen much innovation since pupils began finding their way to and from little red schoolhouses. Image Credits: Bryce Durbin.
A great amount of talent is cultivated in the military, which has spawned innovative cyber, AI and machine-learning companies. SaaS models and cloud technologies have eliminated some of the barriers for Israeli companies and enable companies to quickly set up and set up a proof of concept. Unit.co, meshpayments.com.
OurCrowd investing professionals experienced in doing business with the UAE and top startup entrepreneurs will give practical insights into the Israeli innovation ecosystem and its key sectors, including AI, Healthcare, and Mobility. The Robot will see you now: How AI is re-shaping the hospital. To register, click here.
BAMF Health of Grand Rapids is a precision-medicine startup that aims to create a world-class radiotracer translational platform through AI-enabled molecular imaging and theranostics. Airway Innovations. You can also use the tool to schedule workouts, manage training sessions and handle communications. BAMF Health. FirstIgnite.
In 2009, in a national effort to improve quality and lower costs, the Federal government launched a huge incentive program to drive the adoption of Electronic Medical Records (EMRs), spending an estimated $40 billion over the past decade to implement this data-gathering technology in hospitals across the country.
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