Singapore and Hyderabad-based healthcare platform YouLabs has raised $2.6 million in a seed funding round led by Crane Venture Partners, according to an announcement.<\/p>\n
The round marks the first investment from Crane\u2019s newly launched Asia-Pacific fund. Other investors include Dr. Reddy\u2019s, Matrix Pharma, and designer Jayanti Reddy.<\/p>\n
Founded by entrepreneur Ajay Bulusu, YouLabs is developing healthcare and biotechnology infrastructure focused on preventive health and longevity in India. The company has assembled a team of physicians, scientists, engineers, and data specialists to develop products and services aimed at monitoring health over time rather than focusing solely on disease treatment.<\/p>\n
\u201cHealthcare is becoming increasingly data-driven, yet some of the world\u2019s largest populations remain dramatically underrepresented in modern health infrastructure,\u201d said Roy, Partner at Crane Venture Partners. \u201cWe believe YouLabs is approaching this problem from a unique intersection of science, technology, and clinical practice.\u201d<\/p>\n
The company plans to launch its first product, called 150, later this year. The physician-managed programme focuses on preventive health and longevity and will initially grow through referrals.<\/p>\n
YouLabs is also developing a range of longevity-focused supplements that will initially be available to participants in the 150 programme.<\/p>\n
In addition, the company is building a health data platform focused on South Asian populations. One of its early initiatives is a proprietary Longevity Score, which combines genomic, biological and longitudinal health data to assess an individual\u2019s health trajectory.<\/p>\n
The company operates between Singapore and Hyderabad and plans to use the fresh capital to expand its physician network, scientific team and technology infrastructure.<\/p>\n
Crane Venture Partners is a venture capital firm investing in category-defining technology companies. With offices in London and Singapore, the firm backs ambitious founders building the next generation of global technology businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"Singapore and Hyderabad-based healthcare platform YouLabs has raised $2.6 million in a seed funding round led by Crane…\n","protected":false},"author":2,"featured_media":733579,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[64,63,137,500],"class_list":["post-733578","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-au","tag-australia","tag-health","tag-healthcare"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/733578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=733578"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/733578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/733579"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=733578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=733578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=733578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}