Taiwan health tech startup H2U lands $8M to power new health ecosystem through its connected healthcare and wellbeing platforms
Taiwan’s health care system ranked 1st in the world for the third year in a row, according to the World Index of Healthcare Innovation. Thanks to its innovative approach to digital health records, the tiny island currently boasts an incredibly efficient healthcare system. Now, one Taiwanese health tech startup is on a mission to take the Taiwan health ecosystem to the next level.
Enter Health to U Corporation (H2U), a Taiwan-based health tech startup on a mission to empower people through advancing connected healthcare technology to make the best decisions for their health and well-being.
Today, H2U announced it has closed an $8 million round of funding aiming at strengthening H2U’s partnerships with digital healthcare brands, to create a subscription-based workplace health ecosystem. The round was led by led by SHARP and Foxconn Technology, with strategic investment from ADATA Technology, TOPCO Scientific, UDN.com, WeLeader Bio, Flight International, and Wondercise.
Founded by Saxon Chen, The H2U Digital Health platform provides a framework that maximizes the power of data. The service delivers insightful reviews based on the platform’s analyses of data collected from connected products and services, elevating the overall value of each component.
Before founding H2U, Chen headed the transition towards smart healthcare measurement and health data analysis at Foxconn. He led the launch of H2U Health ATM, a smart physical check-up facility, across 100 7-Eleven stores in Taiwan, combining smart health management services with data analysis. In 2018, he also founded Asia’s largest biomedical accelerator, H.Spectrum.
In addition to the support from strategic partners, H2U boasts the resources and networks brought by a team of prominent advisors, who offer valuable guidance in the development of precision medicine, biomedicine, and blockchain applications.
H2U is working on expanding its offering to the international market. In 2022, the company plans to bring in international strategic investors from Japan and Silicon Valley to assist its growth into a digital health unicorn. The objective is to launch an overseas IPO in two years.
In a statement, H2U CEO Chen said, “Through the platform, users will be able to obtain data from ongoing check-ups and receive personalized health advice and information. The vast uncertainty and unpredictableness brought on by the pandemic have resulted in restrictions and health risks to all of our lives.
With the H2U platform, users are able to get their hands on their records anytime at will, allowing them to stay aware and on top of their physiological states, with access to personalized health solutions and products. We believe that by joining forces, the H2U Digital Health ecosystem is no doubt the most fitting choice for strategic partners and users alike. H2U and partners are teaming up and will strive to provide the best solutions for the betterment of humankind.