Summarize this content material to 1000 phrases Digital metabolic care startup Twin Well being introduced it raised $50 million in funding, two years after securing $140 million in Collection C funding.
Temasek led the funding with participation from current buyers Sofina, ICONIQ Development, Helena, and Peak XV.
WHAT IT DOES
Twin’s product is the Complete Physique Digital Twin, an AI-backed mannequin that goals to supply individualized vitamin, sleep and exercise pointers to assist folks forestall and reverse metabolic illnesses reminiscent of Sort 2 diabetes.
“The funding will assist propel our technique to scale the provision of our transformative know-how and the way in which it is deployed to much more well being plans and employer companions, reaching decrease prices, higher outcomes and better satisfaction amongst their members and staff,” Jahangir Mohammed, founder and CEO of Twin Well being, stated in a press release.
A survey of TATA Consultancy Providers futurists and their friends carried out earlier this 12 months by TCS, a world IT companies, consulting and enterprise companies group, revealed specialists consider digital twins will reshape society by 2035, with broad adoption in healthcare inside the subsequent six years.
Singaporean startup Mesh Bio is one other firm engaged on digital twin know-how. It focuses on using digital twins to assist handle rising instances of continual illnesses, significantly in Southeast Asia, the place 62% of all deaths within the area are as a consequence of non-communicable situations.
Scientific trial tech firm Unlearn makes use of a machine studying mannequin to create digital twins of randomized managed trial contributors, which the corporate pitches as a option to run smaller scientific trials extra rapidly since they need not discover as many contributors for the management group.
Unlearn scored $50 million in Collection B funding final 12 months, bringing its complete elevate to just about $70 million.
Digital twin firm Twin Well being secures $50M
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