Humors Tech secures Rs 2 Cr pre-seed funding from Venture Catalysts
Humors Tech, the healthtech company behind Respyr, a breath-based health screening device, has secured a pre-seed funding of Rs 2 crore from Venture Catalysts.
Respyr uses AI, IoT, and patented biomarker analysis for early detection and monitoring of diseases such as diabetes, hypertension, and respiratory issues.
The funding will support Respyr’s commercial launch, clinical studies, and global expansion.
“Most healthcare research today is reactive; intervening after diseases have already caused substantial impact. Through Respyr, we aim to revolutionise the very premise of healthcare, making it proactive, accessible and personalised for each individual,” said Ankur Jaiswal, Founder, Humors Tech.
Deeptech firm 8chili receives investment from Karna D Shinde
8chili, a deeptech company with operations in San Ramon, California, and Bengaluru, has received an undisclosed investment from strategic investor Karna D Shinde.
8chili specialises in immersive training for the healthcare and life sciences sectors. The investment is expected to accelerate 8chili’s research, market expansion, and partnerships.
“We are thrilled to have Karna D Shinde’s support as we continue to push the boundaries of immersive training. His strategic insight and financial backing will enable us to accelerate our research and development efforts, expand our market reach, and forge key partnerships within the healthcare industry,” said Aravind Upadhyaya, Founder and CEO of 8chili, which has partnered with notable industry players including Strides Pharma and Apollo Hospitals.
SanchiConnect, YourNest launch $500k deeptech accelerator programme
SanchiConnect, in partnership with YourNest Venture Capital, is launching a scale-up accelerator for deeptech hardware and software startups with core intellectual property.
The programme will provide $500k upfront funding to 5-8 startups, followed by a 60-day intensive phase focusing on market strategies and international collaborations, culminating in a demo day for showcasing innovations to investors.
Applications are open from May 21 to June 9.
“At YourNest, our commitment to nurturing deeptech startups has been the focus of our thesis since inception. And in 2020, we pioneered the concept of fast-track funding with our unique SOAR programme in the midst of the pandemic,” said Girish Shivani, Executive Director and Fund Manager at YourNest.
“This initiative now moves to the next level with our partnership with SanchiConnect in this accelerator programme and underscores our commitment to catalysing India’s deeptech startup ecosystem. By providing startups with faster funding we aim to spur their growth and contribute to the advancement of technology-led innovation.”
The programme targets early-stage Indian startups with promising commercialisation or revenue in sectors such as agritech, biotech, energy, healthtech, and telecom.
(The article will be updated throughout the day.)
Edited by Swetha Kannan
