Bayer’s Grants4Apps team has announced the six startups to be included in its accelerator program this year. Grants4Apps was founded in 2013 in Berlin initially giving out grants to innovative healthcare apps where five digital health startups from around the globe were selected to take part in the inaugural program.
This year’s class sees early stage startups from Canada, Germany, Israel, Spain, the United Kingdom and the United States that were selected from more than 1,800 competitors from 100 countries.
The six now have 100 days in which to intensively drive the further development of their products and solutions with expertise and investment from Bayer. The company will provide them with offices in Berlin, pharmaceutical executives and industry experts as mentors and EUR 50,000 in funding for each project.
“Digital solutions are essential to driving innovation in an evolving healthcare environment. Bayer is seeking to apply them across the pharmaceutical value chain in order to detect diseases at an earlier stage, to develop medicines faster, and to deliver individual treatments with a meaningful outcome for patients. In this endeavor, we benefit immensely from collaborations and the exchange of knowledge and skills with innovative startups,” explains Dieter Weinand, Member of the Board of Management of Bayer AG and head of the Pharmaceuticals Division.
This year’s winners are:
• Agamon (Israel, GB): A healthcare intelligence platform that can be used to compile and structure health-related data from various sources in order to derive new information.
• Cyclica (Canada): A cloud platform that aims to use artificial intelligence and biophysics to accelerate drug development.
• KinAptic (USA): An accelerated learning system for VR stroke rehabilitation using electric stimulation that analyzes and detects neural signals to stimulate nerves in stroke patients.
• OME (GB): Personalized health coaching that uses extensive data analyses to compile individualized health programs (nutrition, sleep, physical activity) in order to prevent disease.
• S-There Technologies (Spain): A smart device that analyzes health data through urine in the toilet and gives patients insights into their health.
•Zencorlabs(Germany): A smartphone software and device that uses artificial intelligence to warn patients of heart failure.