Curious who else is part of the AI Startup landscape?
Well, look no further. We have looked in to some of the new startups sharing space with Thermaiscan on the landscape. Check them out!
– Acorai is redefining heart failure management. Through non-invasive intracardiac pressure monitoring they help to reduce heart failure re-hospitalizations.
– Furhat Robotics is a Conversational AI and Social Robotics company that is building the world’s first social robotics and conversational system platform.
– Layke Analytics is an API solution for intelligent screening and matching. Trained on a large amount of data and built on advanced machine learning technology, their algorithm has the capacity to read, interpret and analyze documents as a human resource, but faster.
– Maigon.io is an independent AI NLP company that develops solutions for contract review to speed up legal work. Their clients save up to 90% of contract review time by using their products.
This is of course just a small selection of all the interesting startups on the list. We are so proud to be a part of this network.
Find all of the Swedish AI Startups at ai-startups.se.
We use thermal cameras to find early stage breast cancer.
The prestigious competition She Loves Tech chose ThermaiScan as the top 1 startup in the Nordic, and top 24 in the whole world during 2020.
She Loves Tech is the world’s largest competition for women and technology taking place in more than 20+ countries. She Loves Tech aims to empower women and assist in the development of female leaders in the tech industry.
Female focused technology is getting more and more recognition these days (and we are here for it!) – but what is FemTech, and why is it so important?
FemTech is improving, supporting and promoting women’s health
FemTech is technology that is designed towards the needs of women. If women are not taken into account, problems can occur. In the article “The deadly truth about a world built for men – from stab vests to car crashes” published in the Guardian, you find many interesting examples of flawed design where women were not considered. We suggest you take some time to read the full article later on (find the link at the bottom of this article).
So – what can happen? Well, did you know that standard office temperatures are designed for men’s metabolism, and too cold for most women? On average, the temperature is five degrees too cold for women. And this is because of a miscalculation from the 1960’s. A chilling example, but not horrifying. Some cases where only men are the data set is way more harmful than others, and may even lead to death. The Guardian writes:
“When a woman is involved in a car crash, she is 47% more likely to be seriously injured, and 71% more likely to be moderately injured, even when researchers control for factors such as height, weight, seatbelt usage, and crash intensity. She is also 17% more likely to die. And it’s all to do with how the car is designed – and for whom.”
Caroline Criado-Perez, The Guardian
You can see how being inclusive in design is not only important, but life saving.
Our company ThermaiScan are developing a breast cancer risk assessment tool using AI, thermal technology and a smartphone. And for us, FemTech isn’t just a buzzword. FemTech is rather a core part of our business idea: to develop a solution that has true health related impact for women globally. Our goal is to design a product that is inclusive for all bodies that are at risk for developing breast cancer. There is a real and acute need in all corners of the world to find breast cancer earlier. As we have recently stated, the numbers are dire. Current breast cancer screenings aren’t sufficient, especially for young women with so called dense tissue breasts.
If we look at the numbers, HealthTech geared towards women is still an underdeveloped area. A recent article in MobiHealthNews stated that only:
“4% of all healthcare research and development is targeted specifically at women’s health, even though women spend an estimated $500 billion annually in medical expenses.”
As you can imagine – there’s huge potential for growth in the FemTech industry. And the need is here. We are happy to see that there’s a growing awareness for early detection of breast cancer due to its correlation with survival chances, indicating that investments in the field will grow. Globe Newswire reported that the global breast cancer diagnostic market is forecasted to reach over USD 8,7 Billion by 2027.
To conclude: FemTech is here to stay, and so are we. The ThermaiScan team is working hard to bring our innovation to the market as soon as possible.
We are currently focusing on finding breast cancer early using thermal technology and AI. With our affordable pocket sized tool, we screen for early stage breast cancer development.
By utilising AI and thermal technology combined with a smartphone, small clinics and remote doctors/nurses (non-specialists) will have the possibility to incorporate a new, accurate and affordable tool to screen for breast cancer, without needing to invest in expensive machines.
Our screening tool will open up the possibility for many more women to be able to screen for breast cancer. The impact an accessible tool like this has are enormous since it is portable, affordable and fast. ThermaiScans breast cancer pre-screening solution is non-toxic, non-invasive and suitable for younger women and women with dense tissue breasts. The screening process is comfortable and private.
Currently, there are more than 250 million breast cancer screenings performed globally. With a remote and more accessible tool, even more screenings will available. The health- and societal benefits are with this astronomical.
ThermaiScans greatest wish is to bring our breast cancer screening tool to market as soon as possible. By winning the Innovation Challenge arranged by the India-Sweden Innovation Centre, we are closer to our goal.
We are extremely proud and honoured to win the challenge together with 13 other fantastic health care startups.
What is the India-Sweden Innovation Centre and why does it exist?
The India-Sweden Healthcare Innovation Centre is a collaboration between prestigious Indian medical institutes (AIIMS Delhi and AIIMS Jodhpur), the Swedish Government (Swedish Trade Commissioner’s Office) and the Swedish business sector (Business Sweden), including partners such as the Ministry of Health and Family Welfare in India, ICMR and AstraZeneca. The centre initiative was launched to further deepen the collaboration in the field of innovation and healthcare between India and Sweden. Read more about the centre and all partners here.
What does winning the Innovation Challenge mean for the future?
India is a market with a huge need for remote healthcare solutions, a need that has grown even more in the midst of Covid-19.
This price is truly a recognition that we are moving in the right direction. Our innovation has huge potential thanks to how we are using technology as a leverage to scale, big and fast.
We are happy to announce that we will be provided with world class guidance to continue our product development, i.e. research, data collection, expert advice, access to health care clinics and field testings. Additionally, we will get expert advice on appropriate rules and regulations and get connected to future customers.
We are also excited for many new strong partnerships and to onboard more talented colleagues.
ThermaiScan is happy to announce that we are one of the top AI startups in Europe together with 157 other shortlisted startups from Sweden.
We are proudly joining 500+ top startups in Europe using qualitative AI in their business.
The European AI Startup Landscape aims to foster and accelerate AI in Europe as well as drive AI adoption and create more partnership opportunities between startups and corporations.
The startups are evaluated based on criteria such as AI technology, scalability, access to and use of data, and the AI knowledge among staff.
Here you can find the complete startup list and toggle between industries of your interest, such as logistics, health and pharma, energy, finance and much more.
Are you a startup working with AI?
Make sure to keep an eye out when applications open for next year here. An expansion to more countries are planned.
What is The European AI Startup Landscape?
appliedAI by UnternehmerTUM (Germany), Ignite Sweden, AI Sweden and RISE Research Institutes of Sweden (Sweden) came together in early 2020 to start the initial steps in mapping the AI startup ecosystem in Europe.
They believe It is essential to shine a light on the top AI startups in Europe in order to drive AI adoption and create more partnership opportunities between startups and corporations. By creating a centralized database of quality AI startups, corporations and SMEs will have easier access to AI partners they can trust.
Each startup included in the landscape uses AI or builds solutions that enable the use of AI, was either founded or pivoted their core business model with a focus on AI less than 10 years ago, and is headquartered or originated in Europe. The evaluation was based on criteria such as AI technology, scalability, access to and use of data, and the AI knowledge among staff.
When building the foundation of a business, preparing to scale and have true impact – mentoring and guidance from the right people is key. That is why ThermaiScan applied to be part of the BAJ Accelerator – a New York based program that took place at the end of September. The program consisted of six full days packed with sessions, varying from pitch coaching, legal considerations and recruitment strategies to communication strategies and digital growth. We had the pleasure of listening to many inspiring speakers and meeting participants from all over the globe remotely.
We also had the opportunity to listen to other pitches and pitch ourselves several times. We received valuable, honest and straightforward feedback which pushed us to iterate how to present our business idea even better. We appreciate this collective learning experience and the opportunity to improve.
Pitching is a skill best learned with rigorous practice, something any startup leader probably agrees on. So our best advice is to: practice, invite input and pitch, pitch, pitch!
If you are a startup – we truly can recommend this accelerator. Apply now, the next BAJ accelerator program is held in January 2021 and they are open for applications, click here to apply.
Who is BAJ?
BAJ Accelerator is made possible by a collaboration among three organizations: – Baltic American Chamber of Commerce – Orion Worldwide Innovations LLC – Jacobs Technion-Cornell Institute at Cornell Tech
The value for founders participating includes:
– Connecting founders to influential dealmakers and investors.
– Exposure to Jacobs Technion-Cornell Institute, a place for dynamic experimentation where the boundaries of academia are expanded.
– Enables founders with strategic input on business growth and customer acquisition.
– Introduces and connects founders to an array of experts in all areas related to business development needs and global expansion Access to the Baltic, Armenian, U.S., European and global startup ecosystems.
A short reflection on visiting our old school and what skills are needed in the future.
Last week, the ThermaiScan team in Sweden were invited to the digital business school Hyper Island. The purpose: A lecture with the new class of AI Business Consultants in their module Ecosystem of the AI Landscape. A class just in the beginning of their transformative and experience-based journey that Hyper Island is known for.
With four Hyper Island alumni in the team, it was a given to drop what we were doing and offer up some advice and share our journey and learnings.
We kicked off with some reflection, and then each of us from the team shared our “why”, followed by a presentation of our breast cancer screening solution, some obstacles along the way and what’s next.
Being the first time sharing this amount of information about us and our company to anyone, naturally some nervousness was involved. Would they ask questions? Would they be bored?
Well, we had nothing to worry about! In reality, the students were very much involved in our presentation, fearlessly raising hands one after another, challenging us with tricky questions about data security, the future of thermal cameras and how to handle competition. We didn’t even have time for the workshop we had planned – the Q&A got intense and the students even said no to breaks (Yup. Inspiring, right?)
Looking back at this session, our key takeaways are:
These students, their mindset and their competences are very much needed in the AI business landscape.
When we dare to share success, failures and even our own personal struggles, we grow and contribute to a collective learning experience. Openness and trust is real.
We LOVE to inspire more people to use technology to solve real problems.
We’ll end with a comment from a student that pretty much summarizes what we feel.
“I think it’s a dream job, when you every day use your energy to help other people, to defeat this huge global threat. Thank you!”
Breast cancer screenings are getting postponed globally due to Corona. The long term effects are worse than you can imagine.
Experts fear that many will discover breast cancer much later due to postponed or cancelled screenings. Reports show that there is up to 51 % less mammography screenings compared to the same period last year, which can be linked to patients’ fear of catching Covid-19, according to Kara Friend, MD at Riverside Health System.
Inevitably, this will unfortunately lead to a worse prognosis and excess in deaths. In the United States alone, the delays in screenings is expected to lead to around 10 000 excess deaths in breast cancer and colorectal cancer during the coming decade. This means an ∼1% increase in the U.S. directly connected to the corona pandemic, according to an article published in Science by Norman E. Sharpless this june.
During an interview with Al Jazeera about missed and delayed cancer screenings in the UK, Professor Clare Turnbull from The Institute of Cancer Research speculate that some cancers can go from curable to more advanced (often meaning that there’s a recurrence of the cancer in a few years time after initial treatment) in as little as two months of delayed screening.
To both catch up with the screening gap and keep the cancer spread to a minimum, we at ThermaiScan believe that it is crucial to provide more accessible cancer screening methods in the near future. If a similar pandemic emerges, the world needs to be ready.
If patients are advised to stay home due the risk of infecting seriously ill patients, what can we do to keep up with breast cancer screenings?
On a more positive note, the corona pandemic has pushed health innovations forward, within tech such as IoT (Internet of Things), IoMT (Internet of Medical Things), AI and cloud based services. These are in the forefront of changing the healthcare industry towards a future of mobile health. In a recently published TNW-article, Ricky Philip brings up many interesting points on how the pandemic has revolutionized medical connectivity due to the increasing demand for high-quality medical services that keep both staff and patients safe.
We believe this MedTech-revolution is just beginning. In the coming months and years, we will see an exciting shift in the MedTech and HealthTech industry. It is time to provide small clinics and mobile health care providers with access to better and more advanced diagnostic tools that still are cost efficient. For this to have an impact, we invite clinicians, innovators, entrepreneurs and legislators to collaborate globally to push for such a change. The sooner the better, considering the dire numbers of expected excess deaths connected to delays in screening programs.
Now more than ever, the world needs remote access to high quality medical services!
To follow ThermaiScans journey towards early detection of breast cancer using thermal technology, AI and a smartphone, subscribe to our newsletter and connect with us on social media.
Great thanks to Innovate4Good (I4G) that believes in our vision and supports our innovation!
ThermaiScan were invited to the annual Innovate4Good Forum in March 2020 as part of their startup project, the Innovation Challenge. The purpose was to present our innovation and connect with potential investors and partners. We were really looking forward to meet everyone live and network with people and businesses in the MENA region. But we are happy with how the annual forum quickly was converted into a digital conference due to Covid-19. We participated online and had many great insights! Thank you for your engagement and passion to drive positive change in the world.
We can proudly announce that we were awarded a Certificate of Achievement for:
1) Exceptional business idea in health care 2) Amongst 25 changemakers shortlisted from 400 applicants 3) Our positive contribution to Innovate4Good’s inaugural Innovation Challenge
Thank you for this!
What is Innovate4Good?
I4G is a networking, sourcing & innovation platform enabling the advancement of Social Impact & Tech4Good Innovation Ecosystem in the MENA region & beyond.
Through its acceleration programs and initiatives, I4G aims at creating an active flow of information, connections and resources by sourcing best innovators, startup founders and transformational entrepreneurs and connect them with enablers to help them thrive and enabling them to develop and launch solutions to solve real-world problems being societal and environmental, faster.
I4G works together with its global ecosystem partners and contributors on creating an effective and efficient innovation ecosystem in the region that supports each others’ goals, missions, visions and values for the good of humanity, the planet and shared prosperity.
To catalyze change and create a positive impact to the world through the growth of Social Impact Innovation & Transformational Entrepreneurship Ecosystem.
The team behind Innovate4Good is STRATECIS
STRATECIS was founded in 2018 with the sole purpose of connecting people, brands, technologies and ideas for the good of humanity and the planet.
The founding team was involved since 1995 in global initiatives and forums to help create new markets, empower the youth, contribute to shaping the sustainability agenda and accelerate innovation along with transformational entrepreneurship.
Our business and innovation is moving forward and developing – so we decided to create a new website to match it! Finally you can find more information about our product and what we are developing. You are many showing interest in our solution – we feel so humble and happy to have such fantastic people supporting us!
We are always looking for more people to co-create a better tomorrow – So don’t hesitate to contact us!
Look out for news and updates on the site here and leave your email here to receive important updates directly in your inbox! We promise to not spam you.
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