Daily Briefing: Healthtech startup raises $5.2m; Poh Tiong Choon Logistics looking to privatise

And a Canadian team wins $100,000 in a business plan contest.

From Tech in Asia:

MyDoc, a Singapore-based healthtech startup, raised US$5.2 million in a series A funding round.

Since its inception in 2014, the startup has focused on solving employee healthcare management for large enterprises. Its new suite of products, MyDoc@work, is set to launch towards the end of this year, the firm tells Tech in Asia.

It will let employees book video consultation with doctors, order online prescriptions, and access insurance information. Some of the features, like online medical certificate application the startup, launched not long ago, already existed before, but their use will be simplified as part of the new product suite.

Read more here.

From The Motley Fool:

Poh Tiong Choon Logistics Ltd (SGX: P01), announced today that Respond Logistics Pte Ltd is looking to privatise the third-party logistics provider at S$1.30 per share.

Respond Logistics comprises of Mr Poh Choon Ann and Tower Capital Logistics L.P., an affiliate of Tower Capital Asia Pte Ltd. Mr Poh is the Director of Respond and Chairman of Poh Tiong Choon.

Read more here.

From Tech in Asia:

In line with Singapore’s Smart Nation push at this year’s National Day rally, the ninth Lee Kuan Yew Global Business Plan Competition had the theme of “Smart Cities.” The biennial competition, organized by Singapore Management University’s (SMU) Institute of Innovation and Entrepreneurship (IIE), called for proposals for innovations that could address the opportunities and challenges a smart city could face.

The team at Spectra Plasmonics, from Queen’s University of Canada, walked away with the grand prize of US$100,000. They made an impression on the judges with their cost-effective solution that helps in ultrasensitive chemical detection for food and water contamination and defends against illegal drugs and terrorism agents. The team’s solution has commercial applications and could improve and save lives.

Read more here.