Daily Briefing: Medtech firm eko.ai raises $5.4m in seed funding; Geylang Road development on en bloc sale for $5.24m

And Accelerating Asia invests $1m in 10 startups.

From e27:

Medtech startup eko.ai has raised $5.41m (US$4m) in its first funding round, co-led by early-stage VC firms Sequoia India and EDBI.

The funds will be used to grow the company’s development team and accelerate commercial operations in the US and Europe as stated in the press release statement.

Partech Ventures, SGInnovate and Startup Health were also some of the investors who participated in this round.

Eko.ai is a healthcare company which integrates Machine Learning into its software to predict and treat early-stage heart diseases. The platform provides tools to improve cardiovascular research and lowers the speed of clinical trials bringing it down to seconds, using ultrasound waves.

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