DocDoc, a virtual network of physicians and hospitals supporting patients to find quality medical care in Asia, announced that it has raised $13M in its latest institutional capital round. The financing was done on a convertible note and was led by Adamas Finance Asia Limited (ADAM), a London-listed investment company, alongside leading regional family offices, a fund managed by a global...
Munich-based venture capital firm Wellington Partners has closed its largest life sciences fund to date, at €210m, it was announced last week.
German insurance company Talanx, KfW Capital, a subsidiary of KfW Group bringing together 20 VC experts, and the University of Texas/Texas A&M Investment Company participated in the fund, along with the European Investment Fund and European Investment...
Hong-Kong headquartered life insurance company Prudential announced that it has entered into a regional agreement with HælthTech, a specialist provider of technology solutions and operating platforms for insurers. Under the agreement, Prudential will integrate HælthTech’s OMNI cloud-computing technology into PRUWorks by Prudential, a one-stop platform that offers small and medium-sized...
Health2Sync, a Taiwanese diabetes management startup, has raised $3 million in a round led by WI Harper Group; with participation from Cherubic Ventures, iSeed Ventures, and SparkLabs Global Ventures. The investors are mostly firms with a presence in both Silicon Valley and in Asia. Funds will be used to expand the program outside of Taiwan and into surrounding markets, especially Japan.
The...
The Asia Pacific region will generate more than $7 billion in revenues from mHealth services in 2017, according to a new study by the GSM Association (GSMA) and PricewaterhouseCoopers. The majority of that revenue will come from telemonitoring services, which the report estimates will make up about 55 percent of the market, followed by diagnostic services, which will make up 24 percent.
The...
