Placing 10th on the 2022 World Index of Healthcare Innovation, Singapore’s healthcare has seen vast improvements within the past decade. As the government prepares for an ageing population, it has made a series of improvements to the local infrastructure, such as introducing the National Electronic Health Record (NEHR) in 2011. A digital repository of health data, the NEHR aimed to create a more seamless experience for patients, no matter which clinic or hospital they went to.
The government has also actively wooed startups, including those in healthtech, resulting in a thriving deep tech ecosystem. Even local universities want to take a bite of the deep tech apple; three local universities inked a Memorandum of Understanding (MoU) for a $75 million pilot programme to aid the development of profitable deep tech startups.
With so many vying for attention, it’s impressive enough that one such Singapore-headquartered healthtech and insurtech named MiyaHealth has gotten the attention of big-name players such as ST Engineering and has managed to raise $10.4 million in its Pre-Series A funding round.
Founded during the pandemic, the young company was born from tragedy and necessity with lofty ambitions to change forever the way the many moving parts in the healthcare system work with each other.
TURNING TRAGEDY AROUND
This story is from the December 2023 edition of The PEAK Singapore.
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This story is from the December 2023 edition of The PEAK Singapore.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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