by investing in the next wave of wireless health innovation
Qualcomm Ventures (QCV) began in 2000 with a $500-million fund commitment to make strategic investments in early-stage high-technology ventures. It made its first investments in the wireless health space in 2007. The Qualcomm Life Fund now has been formed with the mission of accelerating global wireless health services and technology adoption.
The Qualcomm Life Fund remains within the QCV umbrella but specifically focuses on investing in venture-backed wireless health start-ups that will help accelerate the 2net Platform commercialization. The areas of specific interest to the fund range from personal wellness to disease management. Investments will be made in the following areas:
- Body worn or implantable biosensors or devices for vertically focused applications such as chronic disease care, medication adherence, and fitness or wellness;
- Integrated system providers that do remote diagnosis, monitoring or specialize in independent living;
- Mobile software health IT applications; and
- Health informatics/analytics
Current investments held under the Qualcomm Life Fund's include:
AliveCor has developed a clinical-quality low-cost ECG recorder that dramatically improves the accessibility of this critical medical diagnostic tool and that will revolutionize the way heart monitoring is performed. The AliveCor ECG is designed to work in conjunction with a variety of mobile platforms, including iPhone®, iPad®, and Android™ devices. The AliveCor ECG is not cleared as a medical device in the US and is currently not available for sale.
The iPhone and iPad are registerd trademarks of Apple, Inc. Android is a trademark of Google, Inc.
AirStrip Technologies develops first-in-class mobile technology that enables access to live and actionable patient data across the care continuum. By pioneering mobility in healthcare through solutions that can be accessed without restrictions—geographic or otherwise—AirStrip will further enhance physician reach and improve patient outcomes to transform healthcare. AirStrip Technologies develops native smartphone and tablet applications for true mobility-enhancing clinical workflow and decision-making, allowing physicians to be anywhere and still access patient information.
Cambridge Temperature Concepts (CTC) is a start-up company founded in 2006 by a group of scientists from the University of Cambridge. The team at CTC has developed its first product, the DuoFertility fertility monitor, in order to help couples start their families. The company’s aim is to change the way temperature is monitored, making it more convenient, more reliable and more accurate.
ClearCare's technology enables individuals over age 65 to live independently and safely at home. ClearCare’s award-winning web and mobile platform is used by home care providers and makes care administration intuitive, efficient, and paper-free. With a number of home care systems on the market, hundreds of local and national home care providers across the country have switched to ClearCare’s best-of-breed system for its innovation, ease of use, and point-of-care transparency.
goBalto develops next-generation, cloud-based solutions that simplify how clinical trials are conducted in the pharmaceutical, biotechnology and medical device industries. Our flagship product, Tracker, is a purpose-built software-as-a-service clinical research tool. It enables clinical trial sponsors and research organizations to track and collaborate on operational data in a transparent, regulatory-compliant and user-friendly way. Founded in 2008 in Silicon Valley by biotechnology industry veteran Jae Chung, goBalto is backed by leading health technology investors.
Noom is a fitness technology company with a mission to make exercise and wellness a fun and seamless part of everyday life. Using cutting-edge hardware and software technology, the company’s products help keep users motivated to stay active and be healthy. Noom's mobile applications let you follow a personalized weight loss plan, schedule workouts, record them with your smartphone, track your eating habits and more.
Sotera Wireless is an early-stage medical device manufacturer that is focusing on a new generation of cable free sensors and advanced wireless telemetry. The company was founded in 2004 and is currently developing wireless solutions that address the burgeoning vital sign monitoring needs of clinics, hospitals and remote home monitoring programs.
Telcare is committed to creating the very best medical device experience for patients and healthcare providers. Connecting powerful hardware and innovative software via a machine-to-machine (M2M), “no wires” approach, Telcare’s offerings aim to provide convenient and effective disease management tools. The company’s first diabetes solution, the Telcare Blood Glucose Monitoring System, won an E-tech Award at CTIA Wireless 2010®, the People’s Choice Award at CTIA Wireless 2009®, and Best in Show at MobiTechFest 2009.