Wednesday, 07 December 2022

Singapore's VentureBlick launches global search for healthcare startups

15 November 2022 | News

The first 10 startups to be shortlisted from this search will receive a marketing pack worth $10,000

Image credit: prnewswire

Image credit: prnewswire

VentureBlick, a Singapore-based fundraising platform matching healthcare startups with medical investors, has launched its worldwide search to identify promising healthcare startups for the medical community to evaluate, advise, and fund. Only startups that receive endorsement from a large group of medical professionals with relevant domain expertise will have the chance to raise funds through the platform.

It's open to early-stage startups with innovative solutions for all segments of healthcare and are seeking to raise up to $5 million. After screening and due diligence, shortlisted startups will be showcased on VentureBlick's fundraising platform when it launches in early 2023. Once the startups achieve a certain level of investment from medical investors, participation will be open to general investors – accredited investors, who are keen on investing in healthcare but do not have medical background. VentureBlick's unique mechanism provides additional access, as well as enhances both the quality and volume of investment for the healthcare industry.

Chris Lee, Founder & CEO of VentureBlick, who is a top global healthcare executive previously with Medtronic, Bayer, BMS, and MSD, said: "After months of preparation, we are finally ready to kick off this global search. We want to give the most promising startups the spotlight they deserve and match them to healthcare professionals who are interested in investing in and nurturing them."

The first 10 startups to be shortlisted from this search will receive a marketing pack worth $10,000, which includes support to help them optimise their pitch deck, produce a video, and polish their pitch narratives before they are presented to investors. This is in addition to the funding they may receive when showcased on the VentureBlick platform.

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