SG-based VC firm invests in remote respiratory monitoring healthcare startup

The funding will be used to expand Aevice solution to patients in Southeast Asia.

Aevice Health, a Singapore-based provider of remote respiratory monitoring solutions, said it raised undisclosed funding from East Ventures. 

In a statement, Aevice Health said the funding will be used to expand access to AeviceMD Monitoring System to patients with chronic respiratory diseases in Southeast Asia.

Aevice Health was founded in 2018 by Adrian Ang, Dr. Rex Tan, and Dr. Ser Wee. The company offers solutions like the AeviceMD Monitoring System which provides a comprehensive patient management platform for chronic respiratory disease management.

Data showed that it is estimated that over 7% of the population (or about 48.5 million) in Southeast Asia suffer from Chronic Respiratory Disease with asthma and COPD amongst the most common chronic respiratory diseases.

With this, Aevice Health CEO Adrian Ang said that “chronic respiratory disease represents a significant untapped opportunity in the Southeast Asian market.”