Hong Kong-based PanopticAI, which offers health and wellness monitoring solutions, has sealed a seed funding round co-led by Alibaba Hong Kong Entrepreneurs Fund (AEF) and Gobi Partners GBA (Gobi GBA), the firm announced on January 30.
The round, participated by the HKUST Entrepreneurship Fund (E-Fund) and others, will be used to boost its market position in Hong Kong, the Greater Bay Area, and other emerging markets. The firm did not divulge the financial details of the round.
Founded by a group of researchers and scientists from the Hong Kong University of Science and Technology, the firm aims to offer users a holistic analysis of their health. For example, the firm partnered with Gleneagles Hospital Hong Kong to enable users to scan the face of patients to measure their health signs including heart rate, oxygen saturation level, and blood pressure.
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DealStreetAsia has also put together a table listing all prominent venture capital transactions in the Greater China region from January 30–February 3, 2023.