Top 10 HealthTech Startups in Malta

What are HealthTech 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 10 HealthTech Startups in Malta

Befaster

Befaster, established in 2019 and headquartered in Birkirkara, Malta, introduces a blockchain-driven app aimed at incentivizing physical activity by tracking users' steps. It was founded by Irina Manilitsch, the company envisions leveraging blockchain and AI technologies to promote a healthier lifestyle.

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Befaster's mission centres on employing AI to reward users for step counts and completed challenges, thereby transforming exercise into an engaging and gratifying experience. Currently, in an unfunded stage, Befaster may be relying on internal resources or alternative funding avenues.

TripMedic

TripMedic, founded in 2015 and based in Swieqi, Malta, operates as an online platform simplifying the process of discovering and consulting with doctors. It was founded by Doriana Landi, the company's vision revolves around creating a user-friendly space that facilitates searches for doctors based on location, speciality, and language.

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TripMedic's mission is to enhance healthcare accessibility by providing users with comprehensive doctor profiles, ratings, and reviews to make informed decisions before consultations. Having secured funding from VentureOut and another undisclosed investor, TripMedic continues to grow its platform.

Vectorspace

Vectorspace, specializing in AI and cloud-based data analysis for bioscience relationship detection, was founded in 2017 and is based in Valletta, Malta. It was founded by Kasian Franks, Vectorspace envisions providing a platform for calculating correlation matrices in datasets related to drug compounds, viruses, genes, and proteins.

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The company's mission is to facilitate groundbreaking discoveries by identifying correlations between drug compounds and various biological entities, contributing to advancements in bioscience through innovative data analysis solutions. Currently, in an unfunded stage, Vectorspace may be relying on internal resources.

iSmart

iSmart, an app-based learning platform designed for special children facing learning difficulties such as dyslexia, was founded in 2018 and is located in Naxxar, Malta. It was founded by Sue D’Arcy, iSmart envisions leveraging technology to provide educational support for children with special needs.

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The mission includes offering features such as reading assistance, audio support, multilingual capabilities, and educational content to enhance the learning experience for special children through a user-friendly platform available on iOS and Android. Despite being classified as Deadpool, indicating a cessation of operations or closure, iSmart's contributions to specialized education may still be of interest.

Exercise Timer

Established in 2015 and located in Kirkop, Malta, Exercise Timer introduces a timer app designed for enhancing workout sessions. It was founded by Melvin Zammit, the company aims to provide users with a flexible tool for creating personalized workout timers, encompassing exercises, intervals, and rest periods.

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The app graphically records workout progress and is compatible with Android smartwatches. Currently, in an unfunded stage, Exercise Timer may rely on internal resources or alternative funding methods, and specific financial details are not disclosed.

Umana Medical

Umana Medical, founded in 2017 in Birkirkara, Malta, specializes in wearable devices for remote patient monitoring. Founded by Attard Trevisan, the company aims to offer a remote monitoring solution by recording vital signs through a chest-placed device.

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Umana Medical has secured funding, although the exact amount remains undisclosed, and specific financial details are not provided.

Let's Bands

Established in 2013 and based in San Gwann, Malta, Let's Bands operates an online store offering fitness bands for various workouts. It was founded by Uno Gomes, the company's mission revolves around providing fitness enthusiasts with a variety of resistance bands.

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Let's Bands aims to contribute to individuals' fitness journeys by offering versatile and high-quality fitness accessories. Currently in an unfunded stage, Let's Bands may rely on internal resources or alternative funding methods, and specific financial details are not disclosed.

Tarsos

Tarsos, established in 2018 in Malta, serves as a provider of an online health information platform focused on diabetes care. Founded by Stephen Mizzi, the company's vision involves providing comprehensive information on diabetes prevention and treatment.

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Tarsos aims to be a valuable resource for individuals seeking information and guidance on diabetes management. The company has secured funding from Mita Innovation Hub and another undisclosed investor, although specific financial details are not provided.

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Frequently asked questions (FAQs)

Name the Top 10 HealthTech Startups in Malta?

Befaster, TripMedic, Vectorspace, iSmart, Exercise Timer, Umana Medical, Let's Bands, and Tarsos are Top HealthTech Startups in Malta.

Who founded Tarsos?

Tarsos was founded by Stephen Mizzi in 2018.