Startups

Selected startups will undergo an intensive 3-month program to test, build and scale their products across providers, insurers and pharma companies.

The 6-month mentorship program aims to help applied machine learning startups build great products using the most advanced tools and technologies available.

The class has seven companies, including a NASA remote monitoring tech, VR for chronic pain, and more.

The initiative aims to attract dozens of U.S. and international healthcare startups to Cleveland each year.

The third quarter VC funding came to $1.5B in 227 deals, a 38 percent decrease compared to the record $2.4B raised in 194 deals in Q2 2017.

Accepted early-stage companies have already started their twelve-month in-house immersion at Launchpad's San Francisco 3-story hub.

With year-to-date funding surpassing $9.0B, all data points to 2017 ending at close to $10B, another record-breaking annual number.

And 16% of the 74 companies funded in the quarter are led by women CEOs, up from 11% at the half-year mark.

Flushable pregnancy tests, remote patient monitoring systems, augmented reality to prepare for emergency situations are among the seven companies accepted to the program.

The intensive, three-month program provides financial backing, training and exposure to a global entrepreneurial network.