Gabriel Budi Sutrisno · · 2 min readMito Health joins YC’s summer batch, aims for US launch this year
Photo credit: Mito Health
Singapore-based Mito Health will join Y Combinator’s Summer 2024 batch, coinciding with the healthtech firm’s US launch in Q3, according to CEO and co-founder Kenneth Lou.
Lou launched the company last year along with Tee-Ming Chew after they started and eventually exited finance firm Seedly.
“It’s been a journey of 10 years and multiple times of trying over three startups in the past to be part of the best accelerator in the world,” Lou said in a LinkedIn post.
Now with Mito Health, the pair crafts individualized healthcare plans using customer diagnostic results and wearable data, with support from AI.
The company previously told Tech in Asia that the preventive healthcare market in developed Southeast Asian and Australian cities could exceed US$4.5 billion annually.
Mito Health will participate in the Y Combinator program in San Francisco from July to September 2024, eyeing a larger healthtech presence.
“We really can’t wait to be part of the best builders in the world, creating the future together – particularly with the influx of new AI models and building on the next revolution in the industry of healthcare and medical [with] longevity,” Lou added.
The healthtech company raised US$1.3 million in April 2023, with Forge Ventures leading the round.
Besides the summer program, Y Combinator also holds a winter program from January to March. This year, 260 out of over 27,000 applicants were selected to be part of the Winter 2024 cohort, bringing the Y Combinator community to 4,500 startups and 11,000 founders in total.
See also: Mirxes records $58.7m operating losses and $24.2m revenue in lead up to HK listing
Editing by Miguel Cordon and Dhania Putri Sarahtika
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