Singapore health-tech firm See-Mode raises $1m from Cocoon Capital, others

Medical equipment in an operating theatre

Singapore-based See-Mode Technologies, a medical imaging startup that provides stroke prediction and treatment planning, has raised $1 million in a seed financing round led by Cocoon Capital, SG Innovate and Australia-based Blackbird Ventures.

See-Mode uses artificial intelligence and computational modeling in creating a set of tools for medical professionals to use for the diagnosis of a person’s risk of stroke.

The team is working towards improving clinical outcomes relating to stroke for patients around the world.

Founded in 2017 by Dr Milad Mohammadzadeh and Dr Sadaf Monajemi, both biomedical engineering PhDs, the company is developing a suite of medical software based on the team’s proprietary mix of technology.

See-Mode is an alumnus of venture builder Entrepreneur First in Singapore, which put in seed capital in the startup in early 2018.

“See-Mode is a perfect example of how artificial intelligence is driving next-generation healthcare that will lead to a drastic increase in life expectancy alongside significantly reduced treatment costs,” said Will Klippgen, managing partner at Cocoon Capital.

Last year, Cocoon Capital launched a $20-million fund to invest in early stage startups in Southeast Asia, engaged in deep-tech, fintech and med-tech sectors.

See-Mode is undergoing clinical collaborations in Singapore with hospitals like the National University Hospital, Changi General Hospital and the National neuroscience Institute of Singapore. The company is also starting a multi clinical study with hospitals in Australia and U.S.

AI is changing the way of practice in the medical industry. Better prediction can be made using AI in identifying possible diseases such as using smart image-capturing system to identify causes for wounds and diseases like skin cancer and even to design new drugs. Singapore also takes a leading position in working and making investments in AI-enabled medical technologies.

Also Read:

SGInnovate invests in Singapore medtech startup NDR Medical

Temasek-owned Accuron Technologies spins out medtech business

SG medtech startup Ark raises $40m Series A led by Venturecraft shareholders

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.