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What are Health-Tech Startups?
Healthtech startups are innovative companies operating at the intersection of healthcare and technology, leveraging advanced technological solutions to address and enhance various aspects of the healthcare industry. These startups often develop and implement cutting-edge technologies, such as artificial intelligence, telemedicine, wearable devices, and data analytics, to improve patient care, streamline healthcare operations, and facilitate medical research.
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By introducing novel solutions, health-tech startups aim to optimize the delivery of healthcare services, enhance diagnostic capabilities, and promote preventive healthcare measures. Whether through digital health platforms, remote monitoring tools, or personalized health applications, these startups contribute to the ongoing digital transformation of the healthcare sector, ultimately striving to make healthcare more accessible, efficient, and patient-centred.
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Top 12 Health-Tech Startups in Norway
AblyMedical
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AblyMedical was founded by Kjell Are Furnes in 2015 with the mission to revolutionize hospital beds. Recognizing the unchanged design since the 1950s and its associated risks, the company introduced the Ably Bed, an AI-powered smart bed with built-in sensors for heart rate and weight monitoring.
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Currently in the testing phase, the bed aims to adapt to patient needs and notify medical staff of anomalies. AblyMedical, with a team of 20 people, secured €1.4M in funding from Innovation Norway to bring the innovative product to market by 2021.
AgeLabs
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AgeLabs was founded in 2017 by Espen Riskedal and Karl Trygve Kalleberg, employs machine learning for early disease detection. Initially focused on age-related diseases, the company expanded its research to the severity of COVID-19 infection.
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Engaged in various R&D projects with public institutions in Norway, AgeLabs secured $900K in funding in 2020 and earned a nomination for Best Health Tech Startup by Nordic Startup Awards.
Bulbitech
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Bulbitech recognized in the Global Startup Awards was founded with the vision to transform eye examinations. The company was founded by Dennis Hens in 2015 aims to assess multiple eye and brain parameters using AI and custom algorithms for early detection of disorders.
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The platform enables at-home operation, generating clinical results shareable through telemedicine services. While details about mergers and acquisitions are not provided, Bulbitech continues to make strides in improving eye health.
Lifeness
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Lifeness, founded by Maria Arlén Larsen MD and Solvor Øverlien Magi in 2018, addresses sustained motivation in patient recovery by connecting obesity clinic patients with medical professionals in real-time.
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The app, recognized with a 2020 Social Entrepreneur of the Year Award, focuses on mental health aspects in addition to measurements. Collaborating with obesity clinics in Norway, Lifeness offers a native iOS and Android app for patients and a web platform for healthcare professionals.
Hjemmelegene
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Hjemmelegene founded in 2017, responded to the heightened demand for healthcare services during the COVID-19 pandemic. The platform, securing almost $2M in funding in 2020, facilitates qualified and certified physician visits both in-home and online.
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The convenience offered by Hjemmelegene quickly propelled it to one of the top startups in Norway. While details about mergers and acquisitions are not provided, the platform's rapid growth during the pandemic is evident.
Picterus
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Founded in 2015 by Gunnar Vartdal, Picterus is a pioneering startup that has developed a smartphone application with the remarkable ability to screen for neonatal jaundice with high accuracy.
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Though specific details about the founder and financial information are not provided, Picterus appears to be on a mission to address neonatal healthcare challenges using innovative mobile technology. The company's vision likely revolves around improving the early detection of jaundice in newborns, potentially leading to enhanced neonatal care.
Oivi
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Oivi is an innovative startup that emerged to develop an accessible AI-camera and platform tailored for identifying diabetic eye disease, It was founded by Anders Eikenes and Khaleel Udyawar in 2017, Oivi's vision centres around providing an easy and affordable solution leveraging artificial intelligence.
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The mission likely involves improving the diagnosis and monitoring of diabetic eye conditions, making it more cost-effective and widely accessible through their AI-powered camera technology.
EpiGuard
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EpiGuard, established in 2015 by Fridtjof Heyerdahl, MD PhD stands out as a company with top-level expertise in product development and manufacturing, particularly in the medical field.
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The startup's mission likely revolves around advancing medical safety through the development and production of high-quality medical products. EpiGuard's commitment to expertise in medical solutions positions it as a key player in the industry.
SpinChip Diagnostics
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SpinChip Diagnostics has positioned itself as the ultimate concept for in vitro diagnostic analyses in a point-of-care setting. It was founded by Stig Morten Borch in 2012, SpinChip Diagnostics appears dedicated to providing cutting-edge diagnostic solutions that offer efficiency and accuracy.
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Their vision likely involves transforming in vitro diagnostic procedures, making them more accessible and streamlined in various healthcare settings.
GlucoSet
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GlucoSet, a medical device company founded by Nicolas Elvemo and Lukas Scherer in 2011, focuses on developing sensor technology aimed at improving glucose control in intensive care units. While specific details about founders and financial information are not provided, GlucoSet's mission likely centres around advancing the technology used in glucose monitoring, particularly in critical care scenarios.
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The company's vision likely involves contributing to improved patient outcomes and streamlined glucose control in intensive care settings through innovative sensor technology.
Diagnostrix
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Diagnostrix is a Femtech partnership between Oratel Diagnostics (USA) and Biolink Group (Norway). It aims to improve the lives of girls and women worldwide. Biolink Group focuses on biotech research and development in life science and sustainable environments. They are creating a new way to diagnose endometriosis using digital imaging to test saliva.
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This could cut the typical 10-year wait for a diagnosis down to just a few minutes. Their goal is to improve women's health by providing early diagnosis helping girls and women worldwide understand their condition better and manage it more effectively.
JodaCare AS
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Jodacare is a company that creates a digital platform to help healthcare professionals communicate with the family members of people receiving care. Jodacare provides a digital communication tool that connects family members and healthcare workers caring for the same patient.
This is especially helpful for patients who have memory or communication problems. Right now, there’s no easy way for family members and healthcare staff to communicate, so patients often have two separate groups of caregivers with different information about them.