Asia Digest: Japan’s Ubie raises $18.7m; SK Telecom ups stake in Nano-X

Photo by Artur Tumasjan on Unsplash

Japan’s health-tech startup Ubie has raised $18.7 million in its Series B financing round from Suzuken while S Korea’s SK Telecom will invest an additional $20 million to increase its stake in Israeli medical imaging technology firm Nano-X Imaging.

Japan’s Ubie raises $18.7m in Series B round

Tokyo-based health-tech startup Ubie on Thursday said it has raised 2 billion yen ($18.7 million) in a Series B financing from Japanese pharma distributor Suzuken Co, Ltd as it seeks to grow its platforms, expand R&D capabilities and beef up its sales and engineering teams.

Ubie, which has developed a number of AI-based healthcare products, has also entered into a strategic business partnership with Suzuken, it said in a statement. 

Founded by Yoshinori Abe and Kota Kubo, the company’s hospital SaaS product enables doctors with better and efficient diagnoses while its AI symptom checker app provides personalized assessment reports for patients.

SK Telecom to raise stake in Nano-X

South Korea’s SK Telecom has invested an additional $20 million to increase its stake in Israeli medical imaging technology company Nano-x Imaging, per a company statement.

With this, SK Telecom CEO Park Jung-ho also joins the board of Nanox.

SK Telecom made an initial investment of $5  million in the firm a year back.

Nano-X and SK Telecom are also collaborating deploy its medical-screening-as-a-service model in South Korea and Vietnam.

In addition, Nano-X also announced its intent to set up a wholly-owned Korean subsidiary that will focus on scaling up production of the Nanox X-ray source semiconductor.

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.