Miguel Cordon · · 1 min readTaiwan-based healthtech startup raises $1m in pre-series A round
Taiwan-based healthtech startup Iweecare bagged US$1 million in a pre-series A round led by Singapore’s Verge HealthTech Fund.
Local venture capital firm Darwin Venture and US-based Translink Capital also participated in the round, according to a statement.
Pairing Iweecare’s flagship product, the Temp Pal, to a smartphone via an app / Photo credit: Iweecare
The startup plans to use the fresh funds to help is global expansion efforts.
In addition to the funding, Iweecare also said it received approval to market its flagship product, a stamp-sized thermometer called the Temp Pal, in both the EU and Taiwan.
The product can be connected to a mobile app to view real-time charts and smart alerts.
“Traditional thermometers rely on human behavior and efforts to test periodically, resulting in interruptions of quality of life and ambiguous health care decisions,” said the company’s CEO Glen Tseng. “Our company hope to address the issues with a friendly and comfortable solution.”
Iweecare leverages Taiwan’s strong tech and healthcare industries to develop new healthtech products.
Editing by Dante Gagelonia
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
