Singapore-based AI well being tech firm injewelme has closed a US$1.2 million funding spherical led by Catalytic Capital for Local weather and Well being (C3H), a catalytic car of Temasek Belief, with co-investment from Richardson Household (RF), a UK-based household workplace.
The capital will likely be used to speed up the event of injewelme’s proprietary Deep Well being Imaginative and prescient (DHV) expertise and assist its business growth throughout Southeast Asia.
injewelme’s DHV platform makes use of distant photoplethysmography (rPPG) to measure greater than 20 very important well being parameters — together with coronary heart charge, blood stress and oxygen saturation by way of a regular digital camera in roughly 30 seconds, requiring no bodily contact with the affected person. Powered by in-house software program and predictive AI fashions, the corporate stated the system has achieved 95 per cent detection accuracy in real-world pilot programmes.
The brand new funding will allow injewelme to broaden the DHV platform’s capabilities, including measurement of blood glucose, stress index, fatigue and hydration ranges. A selected focus will likely be warmth stress detection, a functionality the corporate says is more and more related as local weather change intensifies physiological pressure on staff and communities in tropical environments.
Ryan Tan, Head of C3H, stated the expertise addresses a urgent hole on the intersection of local weather and public well being. “An increase in climate-related stressors will end in elevated physiological pressure on people and communities,” he stated. “We’re happy to assist injewelme within the deployment and additional growth of their expertise to anticipate and handle the impression of heat-related stress.”
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The DHV system has already been trialled by SingHealth Polyclinics and in private-sector settings in Singapore, and is at present being evaluated for deployment in healthcare, eldercare, insurance coverage and workforce security. SJ Built-in Options, a enterprise line beneath SJ Group that delivers health and wellness programmes at energetic ageing centres, has used the expertise as a contactless pre-activity screening instrument, reporting that screening time fell by round 50 per cent in contrast with handbook processes.
Koh Yong Jin, Director of Health and Wellness at SJ Group’s Built-in Options division, stated the platform had improved each effectivity and security by flagging people who is probably not bodily prepared for train, permitting workers to give attention to delivering a extra inclusive expertise for purchasers.
Digital impression market Co-Axis, which connects funders with social and environmental impression alternatives, facilitated the introduction between injewelme and the spherical’s traders. Richardson Household’s participation varieties a part of a beforehand introduced dedication of S$250,000 over two years to co-fund impression alternatives curated by Co-Axis, with assist from C3H.
As a strategic accomplice, C3H can even present injewelme with entry to networks throughout the Temasek Belief ecosystem to assist speed up its business deployments and inform product growth.
James Moon, Founder and Chief Government of injewelme, stated the financing would advance the corporate’s mission to ship proactive, data-driven well being monitoring at scale. “Past one-time well being snapshots, we purpose to allow anybody to simply and repeatedly monitor their well being in on a regular basis life, unlocking long-term well being insights and advancing AI-driven predictive, preventive care,” he stated.
The corporate intends to make use of the funds to deepen its buyer base in Singapore whereas pursuing growth into new Southeast Asian markets.
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Picture Credit score: injewelme
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