Investing

Also, Omniscient Neurotechnology has received $14 million in government-backed funding to scale its AI-based brain mapping platform.

The round brings the AI-enabled text-to-speech company's total funding to $781 million.

The company will use the funding for research and development, to launch new agentic AI tools across multiple modalities, and to scale its engineering, product and growth teams.

Alexander Richter, executive director and head of the SciTech Innovation Hub at SciTech Scity, which recently won the World Economic Forum's 2025 Public-Private Collaboration Award, discusses the selection process for piloting and scaling health tech.

The investment firm, focused on healthcare and life sciences, will invest in early-stage biotechnology, medical technology and digital health startups that aim to improve patient care.

The company has raised at least $481 million since its launch in 2023.

The company will use the Series A funding to enhance its API for integration and expand into new clinical practice areas.

Despite tightening barriers to entry over the years, Europe and the US are still key to global expansion for Korean startups, says Sky Labs CEO Jack Byunghwan Lee.

The British company, which reached a $2.1 billion valuation just a year ago, allows text to be turned into clinical compliance and training videos using AI avatars.

Also, digital gynaecology clinic Pinky Promise in India has raised $1 million in pre-seed funding.