GIANT HEALTH ︱WEEKLY UPDATE
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Hello GIANT community member!
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This week's newsletter includes a summary of the latest health-technology and funding news, upcoming Health-Tech events and more.
In this weeks newsletter we touch on a variety of topics, including the key outcomes from the NHSX Artificial Intelligence round-table.
Do you or does anyone in your organisation have contacts in Google Health? If so we would love to get in touch. Drop us a line here.
We look forward to hearing from you.
Barry Shrier, Founder, GIANT Health
@Barry_HealthTec
+44 7776 132 517
PS: We are always on the lookout for talent, we're recruiting for a number of positions, view our latest roles here
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Regulating Artificial Intelligence (AI) in Health and Care
Matt Gould, NHSX CEO, recently convened CEOs and 12 heads of regulatory bodies to determine a list of priorities that could encourage innovation whilst maintaining compliance in the UK.
Some of the key themes that were discussed and highlighted were:
- Clarity of roles between the MHRA, HRA, NICE, CQC and the ICO.
- A joined up single platform which would enable innovators to no longer have to navigate a series of different bodies.
- A joined up sandbox for regulatory purposes.
- Capabilities to enable access to AI systems at scale and in a safe manner.
- The vision to quickly progress methodologies for handling Machine Learning capabilities.
- Communication between clinicians, innovators and the public.
It was highlighted that the NHS AI Lab would aim to play a crucial role in this journey. With the overall vision being: effective collaboration leading to the UK being a health and care AI innovation leader. If all the different moving parts were in place, Matt Gould stated that the, "UK [could] be one of the leaders in exploiting AI systems and technologies [within] health and care".
The summary of the session can be found in Matt Gould's blog post here.
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Unmind raises € 9.1M (UK)
- €9.1 million 💸
- Series A funding
- Led by Project A and participation from Felix Capital including others.
Unmind, a London-based workplace mental health platform, was founded in 2016 by Dr. NickTaylor. The platform provides small to large companies with a way to help manage and measure employees mental wellbeing through assessments that are scientifically-backed. They also provide training programs which are made in partnership with global authors, experts and clinicians.
The platform allows organisations to gather anonymised and aggregated data to make informed decisions on corporate mental wellbeing strategy. The company’s current list of clients includes British Airways, John Lewis & Partners, ASOS and Just Eat. They intend on using the funds to help increase their operations team and general business expansion.
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Oxford VR closes £10M (UK)
- £10 million 💸
- Series A funding
- Led by Optimum Ventures and existing investors
Oxford VR, a company based in Oxford (😅), was founded in 2017, as a spin out from Oxford University’s department of Psychiatry, by its CEO, Barnaby Perks, and Kate Bedborough, CFO and COO. They provide automated VR therapy that translates cognitive behavioural therapy (CBT) through virtual reality to provide evidence based treatment.
The first clinical trial which was based around fear of heights showed definitive clinical benefits. The company intends to use the funds to accelerate expansion into the US. It also aims to enable expansion of their existing treatment pipeline.
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GIANT Health's "5000 Women" Campaign
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You may recall that we announced the GIANT Health's "5000 Women" campaign a couple of weeks ago. Now we would love to introduce you to the amazing Leadership Team for the GIANT Health's "5000 Women" campaign. Head over to our website to learn more about them and what we are trying to achieve at GIANT Health.
We would love to hear from you and don't forget, more tickets to GIANT Health are now on sale!
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Would like to meet (WLTM):
Are you someone that works at Google Health? If so, we would love to get in touch with you regarding an exciting opportunity. If this is something that you would be interested in or if you know someone that may be interested, please get in touch.
Want to know more and collaborate? Send us a line here.
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Reasons to be cheerful, Part 3:
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🤖Surgeons have successfully treated a brain aneurysm using a robot! A robot was used to treat a brain aneurysm for the first time which could lead to remote brain surgery.
Read more here
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GIANT Health reaches thousands of members of the global HealthTech community. Get in touch to discuss partnership opportunities.
Barry Shrier, Founder, GIANT Health
@Barry_HealthTec | +44 7776 132 517
PS: If you're recruiting, looking for a hospital trial partner, in fundraising mode, looking for a job...please get in touch and we'll be happy to support you in this newsletter.
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GIANT would like to thank our sponsors for their support, you guys are great!
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