Here is a roundup of startup news from the week past
- 8 healthcare startup and investor trends at JPM17 from inverting business models to second order companies – Last week’s 35th annual J.P. Morgan Healthcare conference in San Francisco was packed with thousands of healthcare investors, analysts, large multinational healthcare companies, startups, and everything in between.
- Built by a Bengaluru-based startup, this smartwatch sends accident alerts to hospitals for emergency care – What perturbed Priya Ranjan was the demise of one miner every third day in Indian underground coal mines. He eventually started pondering about how he could best utilise his 19 years of experience in the IT industry to help them get timely medical help to avoid death.
- Cybersecurity startup Kratikal Tech raises $500K in seed funding – Cybersecurity start-up Kratikal Tech Pvt. Ltd. on Monday said it has raised seed funding from former director of Microsoft India Praveen Dubey, along with Amajit Gupta, former managing director Juniper Networks India and J.P. Bhatt, chief executive of ImpactQA.
- Iran’s Biggest Accelerator Takes in 17 Startups –Avatech, one of Iran’s biggest startup accelerators has launched its pre-accelerator program with 17 teams for the first round in 2017. Called ‘Avacamp’, the program is designed to host business before they get picked by the startup accelerator for the full program in a few months.The initial program will last two months, with each team expected to produce a minimum viable product (MVP) that must show the basics of any product offered by the company. If the groups fail to deliver a MVP, they won’t be considered for the later stage. A MVP can be anything from the bare-bones software, website, app or even an electronic item. It is usually the first hurdle when a startup begins the process of creating a business.
- AI start-up numbers rocket in 2016 as funding tops $9bn – The number of registered AI start-up firms increased by over than 50 per cent globally in 2016 – with funding almost doubling to $9.89bn during the same period. According to market analysts and research firm Venture Scanner, since March last year, the number of registered AI firms has risen globally from 957 to 1,535 across 71 different countries. Categories covered in its findings include businesses involved in; computer vision / image recognition, computer vision / image recognition, context aware computing, deep learning, machine learning, gesture control, natural language procession, personalised recommendation engines, smart robots, speech recognition, speech to speech translation, video automatic content recognition and virtual assistants. Venture Scanner claims of the 1,535 companies tracked, 731 of them have received funding, totalling $9.89 billion – up from $4.8 billion a year earlier.