Venture Catalysts, an integrated incubator, and accelerator, on Thursday, announced its latest investment in Sunfox Technologies, a med-tech R&D lab building cardiac diagnosis equipment for the first mile to last mile uses. Along with Venture Catalysts, the seed round was led by Mumbai Angels and Villgro.
It focuses on building portable, affordable, minimalistic, and frugal medical devices for Cardiac Health.
Based in the foothills of the Himalayas at Dehradun, Sunfox Technologies was started by engineer turned entrepreneur Rajat Jain and his college friends Nitin, Saurabh, Sabit, and Arpit. The team has developed its award-winning flagship product, Spandan, the smallest, smartest, lightest, and most economical cardiac diagnostic tool. Weighing just 12 grams, the matchbox-sized equipment can monitor ECG with clinical-grade accuracy, detect 40+ abnormalities with edge-based AI algorithms, needs no expertise, and can be used as a point of care device anytime, anywhere.
The startup deals with consumers, doctors, and businesses operating in the cardiology and digital health sector. It is solving the cardiac monitoring needs and making the advanced diagnosis available in close proximity when it is needed the most, acting as a Point of Care device anytime, anywhere.
Sunfox Technologies is building the most innovative medtech venture with a vision to impact the next billion at the last mile and bring the high-end technologies to a commoner’s pocket with ease, the company said.
Categories: Seed Funds