According to Eweek, Microsoft announced on January 21 that its Microsoft Ventures accelerator program will welcome 11 new startups. VCBeat has compiled the relevant content as follows:
Last summer, Microsoft, Akamai Technologies (a provider of web acceleration services), and venture capital firm JVP announced a partnership aimed at providing funding and technical support to startups to help bring innovative data security technologies to market. Meanwhile, Microsoft, healthcare-focused venture investor Healthbox, and medical technology expert Becton, Dickinson and Company announced their support for the development of healthcare startups.
Now, as the project draws to a close, 11 startups selected from 300 applicants have begun entering the commercialization phase.
Hanan Lavy, General Manager of Microsoft Ventures in Tel Aviv, Israel, stated, “The recently concluded project was particularly unique and significant, as it marks the maturation of the accelerator model. Leading companies such as Akamai, BD, JVP, and Healthbox collaborated with Microsoft to provide startups with a valuable opportunity to gain professional business and market expertise.”
Microsoft Ventures stated that many companies in the accelerator program have developed well. Nearly half of the startups have completed the acceleration process and secured total investments of approximately $4 million. Since Microsoft launched its accelerator program in Israel, the total investment received by companies emerging from the program has reached approximately $60 million.
These companies hail from countries such as India, Israel, Japan, Slovenia, and Spain. In the healthcare sector, a new wave of startups includes Exovite from Spain. The company combines 3D printing technology with electromagnetic stimulation to help repair injured muscles and prevent muscle atrophy. Observe Design, an Indian company, offers a software platform that analyzes hand hygiene compliance in hospitals, thereby reducing the risk of infection.
MediCope tracks factors beyond nursing and medical care during the rehabilitation process. This Israeli company helps patients address four types of non-clinical barriers in recovery from serious illness, including financial constraints, emotional challenges, referrals, and doctor-patient communication. Meanwhile, Kinetics, a company from Slovenia, has developed medical devices specifically for patients with neurological disorders.
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