South Korea

Good Doctor mobile app
By  Adam Ang 01:55 am October 13, 2023
Good Doctor collects $10M for Indonesia expansion Telehealth startup Good Doctor has raised $10 million in a Series A funding round led by MDI Ventures. Existing investor Grab also joined this round.  In a statement, CEO Danu Wicaksana said the fresh funds will be used to develop its enterprise technology platform, as well as new products and services.  The fund will also help in its expansion...
Coreline Soft executives in the company's KOSDAQ listing at Korea Exchange
By  Adam Ang 01:15 am September 22, 2023
Coreline Soft debuts in KOSDAQ Early this week, Coreline Soft made its debut on the Korea Exchange's secondary trading board KOSDAQ in South Korea.  Following this, the medical AI company said in a LinkedIn post that it will proceed in developing its product pipeline and expanding its solutions.  "In the rapidly evolving field of medical AI, we aim to solidify our leading position in the chest CT...
AWAK Technologies digital health monitoring platform
By  Adam Ang 10:24 pm September 14, 2023
AWAK bags $20M in Series B funding Despite a challenging market condition, Singapore-based medtech AWAK Technologies has raised more than $20 million in a Series B funding round – one of the biggest funding raises in Southeast Asia this year. The round was co-led by Lion X Ventures and Vickers Venture Partners.  AWAK is developing a portable peritoneal dialysis device that allows users to undergo...
MrMed logo
By  Adam Ang 11:23 pm August 31, 2023
E-pharmacy MrMed scores half mil for expansion Online pharmacy MrMed has raised $500,000 from a funding round led by the Tamil Nadu Emerging Sector Seed Fund. According to a news report, the company will use its fresh funds to expand its team and reach out to more customers.  Launched in 2021, the pharmacy startup offers specialty medicines for cancer, heart disorders, and other critical health...
Cazzle mobile health app by Lotte Healthcare
By  Adam Ang 06:44 am August 21, 2023
The healthcare unit of South Korean diversified conglomerate Lotte has teamed up with iMediSync to co-develop new AI-driven healthcare services. Based on a press release, the two companies signed a memorandum of understanding to cooperate on a medium-to-long-term joint business venture that leverages AI technology for wellness and senior care. They also intend to work together on some marketing...
Two persons using the Tiktok app on a mobile phone
By  Adam Ang 02:16 am August 18, 2023
TikTok joins youth mental health campaign in Korea Social media platform TikTok in South Korea, together with the non-profit organisation Mental Health Korea, has tied up with the National Center for Mental Health to promote the mental well-being of young people. Based on their memorandum of understanding, the organisations aim to improve youth mental health through the dissemination of correct...
Kakao Healthcare CEO Hwang Hee and Novo Nordisk President Sacha Semienchuk during the MOU signing
By  Adam Ang 02:51 am August 10, 2023
Kakao Healthcare, the digital healthcare business of South Korean internet company Kakao Corporation, has partnered with Novo Nordisk to further develop its diabetes management service powered by mobile and AI technologies. The two organisations recently signed a memorandum of understanding to launch a smart healthcare service to support patients with diabetes. According to a press release, Kakao...
By  Adam Ang 10:43 pm July 28, 2023
Nesa obtains US FDA 510(k) for fibroid mapping tech Indian femtech Nesa Medtech has received the United States Food and Drug Administration 510(k) clearance for its fibroid mapping tool. Its Fibroid Mapping Reviewer Application assists in the diagnosis and planning of interventional procedures for patients with uterine fibroids. It generates a 3D model of the uterus from ultrasound images where...
SayHeart mobile app powered by generative AI
By  Adam Ang 10:29 pm July 21, 2023
Southeast Asian startup leverages generative AI to simplify complex health data A startup based in Malaysia and Singapore is coming up with a platform that leverages generative AI to simplify complex health data into comprehensible content.  Based on a press release, SayHeart has developed an algorithm that can seamlessly translate medical jargon, health reports, and complex imaging into "visual...
DeepCatch whole body composition analysis software by Medical IP
By  Adam Ang 03:20 am June 30, 2023
Medical IP gets US FDA nod for AI body composition analysis software South Korean medical imaging company Medical IP has obtained a United States Food and Drug Administration 510(k) clearance for its AI-powered body composition analysis software.  According to the company, DeepCatch is the first FDA-approved AI software that automatically analyses body components, such as skin, bone, muscle,...