Central regions | Finance, business | Technology & innovation

Young VC fund supports young start-ups

27 Dec '17
TealTech Capital, a very young Russian venture fund set up in January 2017, has already invested in a number of medical start-ups in Russia.

Below is a brief description of TealTech Capitals most interesting investees (which were also established in early 2017):

SDA Labs is developing a mobile app that would contain information which should help the user assess the efficacy and safety of a broad range of medicines.

Safety Bracelet is working on a new wristband to monitor the health status of the elderly. The new gadget is primarily expected to help identify life-threatening conditions in seniors, and send the information to family and/or a monitoring center.

Komarik (which stands in Russian for small mosquito) is busy putting together a special auto-injector enabling an outpatient to administer intramuscular and hypodermic drug doses to himself all on his own. Theres also a mobile app that is expected to control settings, remind the user of the next injection, log a full record of drug administering, and send the data to a physician and/or family.

Lab24.ru is a service that enables the automated collection of data on addresses, prices and lists of medical tests conducted by networked laboratories in real time.

$60m TealTech Capital is focused on supporting and mentoring start-ups working in the field of health care; backing technology for close interaction between patients and physicians is a priority. The VC fund invests in mobile apps and health-focused services, projects that work on the miniaturization and integration of healthcare platforms, use of artificial intelligence in medicine, etc.
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