Portland Venture Group is consists of accredited investors that review deals as a group but invests individually. The firm is headquartered in Lake Oswego, Oregon, United States.

Portland Venture Group

Aip Private Capital is a venture capital firm that provides debt, private equity, and special financing to emerging growth companies. The firm was founded in 2010 and is headquartered in Toronto, Ontario, Canada.

Aip Private Capital

Seeds Capital is an investment arm of Enterprise Singapore that co-invests with independent investors in innovative startups. The firm was founded in 1992 and is headquartered in Central Region, Singapore.

Seeds Capital

Toho Holdings focuses on pharmaceutical wholesale business, dispensing pharmacy business, and pharmaceutical manufacturing business. The firm was founded in 1948 and is headquartered in Tokyo, Japan.

Toho Holdings

Silicon Solution Partners focuses on providing support services for IC chip and system solution startups. The firm will seek, recruit, and accelerate startups to meet spin-off criteria within a 3 to 5 yrs time frame.

Silicon Solution Partners

Coronet Ventures is Singapore-based investment entity of Cedars Sinai Intellectual Property Company.

Coronet Ventures

East Ventures is a pioneering and leading sector-agnostic venture capital firm. Founded in 2009, East Ventures has transformed into a holistic platform that provides multi-stage investment, from Seed to Growth stage investments, for over 300 tech companies across Southeast Asia. As an early believer in the startup ecosystem in Indonesia and the most active investor in Southeast Asia, East Ventures is an early backer of prominent tech companies in the region, such as Tokopedia, Traveloka, Ruangguru, ShopBack, Waresix, Tech in Asia, Xendit, IDN Media, KoinWorks, Sociolla, Kudo (acquired by Grab), Loket (acquired by Gojek), and MokaPOS (acquired by Gojek). East Ventures was named the most consistent top-performing VC fund globally by Preqin and the most active investor in SEA and Indonesia by various media. Moreover, East Ventures is Indonesia's first venture capital firm to sign the Principles of Responsible Investment (PRI), supported by the United Nations (UN). East Ventures is committed to achieving sustainable development and positively impacting society through its initiatives and ESG-embedded practices.

East Ventures

We are the innovation and enterprise company of Nanyang Technological University Singapore (NTU Singapore). We help protect, manage and commercialise the intellectual property (IP) from NTU, support and nurture startups and spinoffs from the university, and develop the university's innovation and enterprise eco-system.

NTUitive

Farquhar VC operates as an early stage venture capital firm.

Farquhar VC

A&D Company develops technology that bridges the analog and digital worlds, and we hold ourselves to high standards since people all over the world rely on us for information that can impact their health, businesses, and brands.

A&D Company

Aevice Health

Aevice Health provides non-invasive wearable technology that enables real-time monitoring of respiratory health. The devices facilitate early detection of cardiopulmonary issues and allow clinicians to track patient responses to treatment effectively. This approach enhances patient care by delivering critical insights directly from home.

Based in Singapore, Aevice Health specializes in remote monitoring solutions for chronic respiratory conditions. The company's flagship product is the AeviceMD, a wearable smart stethoscope that is worn on the right side of the chest and designed to continuously monitor patients with chronic respiratory diseases. This device analyzes heart and lung sounds while tracking vital biomarkers such as respiratory rate, heart rate, and wheezing. The AeviceMD is connected to a mobile application that notifies users upon detecting unusual breathing patterns that may indicate potential asthma attacks. It also monitors long-term respiratory and heart rate trends, enabling users to react promptly to changes in their condition.

Membership-based, non-insurance healthcare companies helping maintain a steady state of well being.

Preventive Healthcare

Data Vantage: iPid, Aevice Health, Aprisium, Nurasa and BillEase in focus

Based in Singapore, Aevice Health specializes in remote monitoring solutions for chronic respiratory conditions. The company's flagship product is the AeviceMD, a wearable smart stethoscope that is worn on the right side of the chest and designed to continuously monitor patients with chronic respiratory diseases. This device analyzes heart and lung sounds while tracking vital biomarkers such as respiratory rate, heart rate, and wheezing. The AeviceMD is connected to a mobile application that notifies users upon detecting unusual breathing patterns that may indicate potential asthma attacks. It also monitors long-term respiratory and heart rate trends, enabling users to react promptly to changes in their condition.The company's remote monitoring platform allows healthcare professionals to conduct comprehensive lung health assessments remotely, using patients' longitudinal data to detect clinical deterioration early.&nbsp;Aevice Health has obtained regulatory approvals for the AeviceMD in both the US and Singapore.Key customers and partnershipsAevice Health serves primarily within the healthcare sector, including hospitals, clinics, and individual patients managing chronic respiratory diseases.&nbsp;In February 2024, the company partnered with London-based Jiva.ai to develop an AI system aimed at predicting asthma exacerbations. This collaboration utilizes Jiva.ai's multimodal no-code AI, which can read multiple types of data and make predictions outside of clinical settings.

Cardiomo Care is developing noninvasive wearable devices to alert users and caretakers when there are abnormalities in the heartbeat. The company’s AI engine, trained on existing and growing data sets, can predict potential heart issues up to two hours before they occur, enabling early detection and intervention for arrhythmias and other cardiovascular diseases (CVDs).The company's product, CardiomoPatch, is a waterproof, wearable patch capable of long-term wear with a 10-day battery life. The patch monitors a patient's cardiac data, including ECG outputs, breathing, and skin temperature, and transmits the data via a mobile app for analysis by Cardiomo's AI engine.&nbsp;As of May 2024, the company is yet to commercialize its product and has over 1,600 pre-orders.

Cardiomo Care

Omada is a prevention-focused digital therapeutics startup that helps members achieve health goals through lifestyle changes. It offers four evidence-based, virtual prevention programs for managing hypertension, musculoskeletal (MSK) issues, prediabetes, and diabetes.Omada offers real-time data tracking through connected devices (such as wireless scales, blood pressure, and glucose monitors) and access to personalized coaching sessions via a mobile app as part of its prevention program. It also provides an online community of peers with similar health conditions to discuss challenges and provide support. In May 2021, Omada became the first fully-virtual healthcare provider to earn the National Committee for Quality Assurance’s Population Health Program Accreditation for its type 2 diabetes and type 2 diabetes + hypertension programs.Unlike its peers, Omada operates a performance-based business model where it charges clients an enrollment fee based on the number of users and a performance fee based on how much weight their employees lose. In May 2020, the company acquired virtual physical therapy startup Physera.Key customers and partnershipsAs of May 2024, Omada had more than 1 million members from more than 1,900 enterprise clients across all 50 US states. Its B2B employer and health plan client base include key clients such as American Eagle, Kaiser Permanente, Costco Wholesale, 3M, and Marvin. Additionally, the company has partnered with health systems and hospitals such as Intermountain Healthcare to provide its preventive programs as a covered benefit.In <a href="https://sp-edge.com/updates/15587">January 2023</a>, the company partnered with health service company Castell (a subsidiary of Intermountain Healthcare) to provide its diabetes programs to members from Intermountain Healthcare’s primary care providers in its Utah Medical Group. Further in <a href="https://sp-edge.com/updates/25245">January 2024</a>, the company partnered with Amazon to expand access to its cardiometabolic program.

Omada Health

VillageMD provides primary care services for patients. It also provides tools, technology, and staffing support needed for physicians to deliver high-quality services. VillageMD’s service delivery methods include traditional freestanding clinics, Village Medical at Walgreens co-located clinics, as well as at-home and around-the-clock virtual visits. It also leverages a team-based approach to care where physicians lead nurse practitioners, pharmacists, mental health specialists, and dietitians to offer a holistic care program. The technology of VillageMD includes docOS, an operating system that enables better patient care by connecting various clinical source systems with ongoing patient-generated data coupled with an AI engine to continuously analyze messages to enable patient self-care.The company made several acquisitions to expand its footprint: 1) <a href="https://sp-edge.com/updates/14347">Summit Health</a> for USD 8.9 billion in November 2022, 2) Healthy Interactions, an interactive patient education platform, in February 2022, and 3) <a href="https://sp-edge.com/updates/16968">Starling Physicians</a>, a primary care and specialty care provider, in March 2023.Key customers and partnershipsIn June 2020, VillageMD and Walgreens Boots Alliance announced a collaborative effort to open at least 600 Village Medical centers at Walgreens across more than 30 US markets by 2025. Walgreens invested USD 5.2 billion in VillageMD (from the previously announced USD 1.0 billion), raising its ownership stake to 63% (from 30%).However, as of May 2024, Walgreens had plans to close 160 VillageMD clinics as part of a cost-cutting plan.

VillageMD

Cityblock Health is a value-based healthcare provider focused on delivering comprehensive care to underserved communities, primarily Medicaid and lower-income Medicare beneficiaries. The company combines primary care, behavioral health, and social services to address the complex physical, mental, and social needs of its members.Cityblock's model involves partnering with local community-based organizations and deploying multidisciplinary care teams that include doctors, nurses, behavioral health specialists, and community health workers. These teams provide personalized care through 24/7 access to multi-modal care delivery, including in-home visits, telehealth, and community health hubs.The services of Cityblock are available to members at no additional cost if they are covered by an eligible health plan.Key Customers and PartnershipsAs of May 2024, the company’s services were available in seven states across the US and served over 100,000 members.In May 2024, it partnered with <a href="https://sp-edge.com/updates/29647">Sunshine Health</a> to expand to Florida, and, in <a href="https://sp-edge.com/updates/13270">September 2022</a>, it partnered with MDwise to expand into Indiana. Prior to that, the company had partnered with insurance providers such as ConnectiCare (Connecticut), Tufts Health Plan (Massachusetts), Emblem Health (New York), Healthy Blue (North Carolina), Molina Healthcare (Ohio) and CareFirst (Washington DC).Funding and FinancialsCityblock is a spin-off of Sidewalk Labs, an Alphabet company that incubates and invests in tech companies and products to improve urban infrastructure. It completed a USD 400 million Series D funding round led by Softbank in <a href="https://sp-edge.com/updates/5326">September 2021</a>, valuing the company at USD 5.7 billion. The funds were used to expand its services.

Cityblock Health

Everside Health (formerly Paladina Health) offers preventative care for chronic conditions and primary, mental and occupational healthcare treatments for acute conditions. Patients benefit from around-the-clock access to care, same-day or next-day appointments for in-person, and virtual care visits with zero copays.Everside aims to generate around 17% healthcare cost savings in three years and 31% in five years for its corporate members by leveraging a data-driven approach to care coordination.The company leverages data from past medical records, predictive analytics, and AI in the delivery of preventative care services.Founded in 2010 under the name Paladina Health, the company was rebranded in November 2020 as Everside Health following a merger between three primary care groups (Paladina, Activate Healthcare, and Healthstat). Furthermore, in February 2024, Everside Health merged with primary care provider Marathon Health to form a combined entity that would operate as Marathon Health, and, as of May 2024, the integration was ongoing.Key customers and partnershipPost-merger with Marathon Health, the combined entity would serve 2.5 million patients through over 680 clinics across 41 states.Funding and financialsThe company received its most recent investment in July 2022, amounting to USD 164 million in growth equity funding. The round was led by New Enterprise Associates (NEA). The funds were allocated toward growing its market presence and exploring opportunities for M&amp;A as well as to enhance and improve its product features. Additionally, the firm planned to expand its coverage of specialty care services aimed at individuals, employers, and union organizations.

Everside Health

Platforms offer a subscription-based or B2B-sponsored, evidence-based program for managing a specific long-term health condition.

DPCs offer value-based primary and preventive care services addressing whole-person (social, mental, physical) needs for a fixed monthly or annual fee paid by either the patient, insurance provider, or employer.

Companies offer B2B and D2C evidence-based treatments delivered via software programs to prevent and manage a variety of chronic conditions.

Tools that collect and analyze real-time patient data that supports healthcare providers with clinical decisions,  improves patient outcomes, and reduces medical errors.

Companies offer independent physician practices and hospitals with the tools (patient engagement, care coordination, administrative services) to help manage and improve clinical health outcomes of a defined group of individuals or large populations.

Platforms are used to track and gather patient health-related information via either a connected device or at-home test kits to detect the early onset of disease and identify any abnormalities in readings—but do not include a treatment plan.

To gather large amounts of real-time data for chronic care management, DTx, and patient monitoring

XR used by some startups for chronic pain management

Offers digital means of providing direct primary care, passive remote monitoring, chronic care management, etc.

AI/ML is used in predictive analytics, diagnostics tools, and population management

Offers tailored preventive interventions and treatments to the specific needs and characteristics of each individual

<div>
 
 Aevice Health, a passive remote monitoring company, has raised USD 7 million in an extended seed funding round. The round was led by Coronet Ventures and included participation from East Ventures and Seeds Capital. This brings Aevice Health's total funds raised to USD 10.1 million.
 The company plans to use the new funding to strengthen its product development and expand its operations into the US, Japan, and Singapore. The long-term goal of the company is to make their solutions as commonplace as thermometers for managing chronic respiratory diseases at home.
 The company has developed AeviceMD, a technology platform that features a small and intelligent wearable stethoscope. This device is worn on the right side of the chest and continuously monitors key biomarkers such as respiratory rate, heart rate, and wheezing to assess lung health. Aevice Health has secured approvals for AeviceMD in the US and Singapore.&nbsp;
 
 </div> Analyst QuickTake: 
 In recent months, notable funding activity has been seen in the remote monitoring sector . In July, <a href="https: 
//sp-edge.com/updates/32018"> CoachCare </a> secured USD 48 million to drive its expansion, and in April, <a href="https: 
//sp-edge.com/updates/28136"> Movano Health </a> raised USD 24 million to support its operational needs. Additionally, in February, <a href="https: 
//sp-edge.com/updates/27028"> Aktiia </a> raised USD 30 million to advance its blood pressure monitoring device.

Aevice Health

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