HCF has revealed its new cohort of ten Australian health technology startups and scaleups participating in the third year of HCF Catalyst.
The new cohort reflects a growing focus on solutions that seek to harness innovation through virtual reality, AI and cloud-based systems.
HCF Catalyst, with partner Slingshot, selected the ten participants for this year’s Catalyst program through a nationwide entry process. Finalists pitched their ideas to a leading panel of judges during the HCF Catalyst Pitch Days in December last year.
The new cohort will spend the next twelve weeks working to turn their ideas into businesses. HCF Catalyst includes hands-on resources such as mentorship, funding, industry relationship-building, and strategic guidance.
The startups include a company building tools to enable new ways to visualise, interpret and understand medical images by pulling together cutting-edge rendering technology to take medical imaging into Virtual Reality (VR), while another is designing midwifery services delivered via telehealth.
The scaleups include a company working to connect members with their health and life insurers through a conversational, AI health platform.
“We have chosen this year’s Catalyst participants because they align with HCF’s vision to drive affordable, high quality outcomes throughout the health industry,” said HCF CEO Sheena Jack.
“We’re proud that HCF Catalyst continues to attract the brightest minds in the health tech space and we want to continue to lead the market by finding disruptive technologies and solutions that solve the biggest problems in health care.”
This year, HCF Catalyst will feature mentorship from prominent health and technology industry leaders, including Nick Molnar, CEO of Afterpay, Tim McDougall, Founder of Curo Technologies, and healthcare expert Professor Hung Nguyen, Director at the Centre for Healthcare Technologies, UTS.
The project will culminate in a ‘Demo Day,’ where participants will showcase their business models and progress in the hope of driving interest from investors and partners.