For 10 medtech startups, the EIT Health Validation Lab is over and the journey begins
The fifth edition of the EIT Health Validation Lab came to an end for 10 startups at YES!Delft this week. The Pitch Day marked the close of the two-month program and brought a number of highlights with it. The event, which welcomed more than 100 guests, gave a platform to all participating startups to pitch their business idea in front of a jury, with KroniKare emerging as the big winner and both Slam Ortho and VitalFlap as the runners-up.
Over the course of eight weeks, the medtech startups got the opportunity to travel across the Netherlands and Europe to validate their business case. Meeting up with experts at leading universities, healthcare companies and hospitals such as Reinier de Graff in Delft, Haaglanden MC in The Hague, HealthValley Nijmegen and the Leiden Centre for Innovation and Entrepreneurship (PLNT), they tested the market potential of their ideas.
Kronikare, the winner of this edition, is a startup developing a wound scanner that uses AI to automate the process of wound assessment to just 30 seconds. By providing a real-time solution, the team hopes to give clinicians more time and less effort to improve their work.
“It is brilliant how much the pitches improved since I saw the startups in our hospital just a few weeks ago,” said Marten van der Elst, one of the jury members, working at Reinier de Graaf.
As the winner of the pitch competition, KroniKare will get a ticket to this year’s edition of the EIT Health Summit, which will take place on December 2-3 in Paris, France.
EIT Health Validation Lab is a partnership between YES!Delft and EIT Health and combines YES!Delft’s startup expertise with extensive knowledge and network of EIT Health. It is designed to help promising medtech teams validate their technology by working closely with mentors and industry specialists. The program is organized together with partners Biocat, LUMC, FAU, TU Delft, UMCG and University of Copenhagen.