Congratulations to MedTech Actuator alumni Amy Yu and Edward Buijs, co-founders of Melbourne-based startup Ventora Medical, on being honoured in the 2021 Forbes 30 Under 30 Asia Healthcare & Science list.
Edward and Amy were selected out of 2,500 nominees for their work and achievements at Ventora Medical. The Forbes 30 Under 30 Asia Healthcare & Science list recognises young entrepreneurs, physicians, researchers and academics who are seeking to change the future of healthcare.
“Amy and I are honoured to be recognised for the work we are doing at Ventora and are incredibly grateful to those who have supported us on the journey thus far,” says Edward.
“The nominees on this year’s list have all overcome challenges presented by COVID-19 and shown incredible drive and commitment to improving the future of healthcare and science,” adds Amy.
The 2021 Forbes 30 Under 30 list had a particular emphasis on perseverance, with the honourees showing their determination to grow their businesses and raise funding in the midst of the COVID-19 global pandemic.
“We are inspired by the work of the other nominees and are as motivated as ever to commercialise our product and impact the future of neonatal care,” says Edward.
In 2019, Ventora Medical joined the MedTech Actuator – an industry-led, venture-backed program that aggressively funds and accelerates medical, health and biological technology startups.
The MedTech Actuator’s tailored mentorship, commercialisation curriculum and network has helped the team to secure seed funding, develop a to-scale proof of concept device, submit a PCT patent application and close their angel round in the midst of the COVID-19 pandemic.
The investment is making it possible for Ventora Medical to advance their technology that helps premature babies to breathe. Backed by the Walker Group and MedTech Actuator partner Artesian, their capital raise attracted coverage in The Australian Business Review, the Herald Sun and AusBiz StartUp Daily, and brings their total funding to date to $1.25M.
“We are really excited to see what the future holds for Ventora,” says Amy.
The MedTech Actuator is proud to work with the best of the best health innovation founders. 2021 is the third year that our alumni have been honoured in the Forbes 30 Under 30 list, with Stelect Founder & CEO Elise Sutherland making the list in 2019 and Navi Medical Technologies Co-Founder and COO, Shing Yue Sheung in 2018.