Digital metabolic care startup Twin Health introduced it raised $50 million in funding, two years after securing $140 million in Series C funding.
Temasek led the funding with participation from present traders Sofina, ICONIQ Development, Helena, and Peak XV.
WHAT IT DOES
Twin’s product is the Entire Physique Digital Twin, an AI-backed mannequin that goals to supply individualized diet, sleep and exercise tips to assist folks stop and reverse metabolic ailments equivalent to Sort 2 diabetes.
“The funding will assist propel our technique to scale the provision of our transformative know-how and the way in which it is deployed to much more well being plans and employer companions, attaining decrease prices, higher outcomes and better satisfaction amongst their members and workers,” Jahangir Mohammed, founder and CEO of Twin Well being, stated in a press release.
MARKET SNAPSHOT
A survey of TATA Consultancy Providers futurists and their friends carried out earlier this yr by TCS, a worldwide IT companies, consulting and enterprise companies group, revealed consultants imagine digital twins will reshape society by 2035, with broad adoption in healthcare inside the subsequent six years.
Singaporean startup Mesh Bio is one other firm engaged on digital twin know-how. It focuses on using digital twins to assist handle rising instances of persistent ailments, significantly in Southeast Asia, the place 62% of all deaths within the area are on account of non-communicable circumstances.
Scientific trial tech firm Unlearn makes use of a machine studying mannequin to create digital twins of randomized managed trial members, which the corporate pitches as a solution to run smaller medical trials extra rapidly since they need not discover as many members for the management group.
Unlearn scored $50 million in Series B funding final yr, bringing its whole elevate to just about $70 million.
