Mitsui, others led $10 M Series A funding raised by healthtech firm Aktivolabs
Adaptive Capital Partners, Seeds Capital, and Japan-based Mitsui led a $10 million series A fundraising round for Singapore-based healthtech firm Aktivolabs.
In the round, HH Investments and Govin Capital also invested. The transaction increased the firm’s total capital raised to $12.6 million USD.
Aktivolabs, a company founded in 2017, leverages real-time data from wearables and smartphones to anticipate and prevent chronic illnesses. Additionally, it aids insurance companies in developing new goods that speak to the lives of their subscribers.
Aktivolabs, a company founded in 2017, leverages real-time data from wearables and smartphones to anticipate and prevent chronic illnesses. Additionally, it aids insurance companies in developing new goods that speak to the lives of their subscribers.
David Lai, a professor at the National University of Singapore, Meng-Han Kuok, the creator of Camtech, and Gourab Mukherjee, a veteran of the tech and health industries, founded Aktivolabs.
The company intends to use the additional funds for recruiting, product development, and regional growth. Additionally, it plans to increase its activities in the US, Europe, and Southeast Asia.
