Wednesday, 19 September 2012

HealthXL Launches


- Multi-million Euro investment in Irish based start-ups

- Cutting edge health accelerator designed to DISRUPT health market

Dublin, Wednesday 19th September, 2012, Startupbootcamp, a leading global acceleratortoday announced the launch of HealthXL to support start-ups in the digital health arena.

For the very first time, Startupbootcamp will run a health tech accelerator programme dedicated exclusively on one sector ‘health & wellbeing’, through an innovative collaborationwith leading global technology and health firms. healthXL aims to support startups with a global network of partners and mentors from the Tech and Health sectors. Thegroundbreaking accelerator wants to assist smart, revolutionary companies passionate about changing the way we maintain our health through mentorship, seed funding and support.

HealthXL will operate between Dublin and London and is looking for startups in areas including: Prevention and Participatory Health Solutions, Personalisation and Patient Compliance. Global innovators can apply to take part from today @

The multi-million euro investment programme will select 10 teams to take part. Teams willsecure immediate visibility within the industry and gain access to the European healthcare market. The successful projects to receive funding and enter the HealthXL program will be selected during a special HXL mentor event to be held in early 2013. The teams will each secure €15,000 micro investment; access to leading health and tech experts, co-working space and access to over €160,000 in products & services from sponsors and partners.

Each of the startup finalists, who wish to remain in Ireland to develop and grow their business, will be able to apply to Enterprise Ireland for an investment of up to €500k.

Guests at today’s launch enjoyed interactive presentations from a mix of International VC’s, founders, industry experts, startups and community including: Martin Kelly, IBM Venture Capital and HealthXL Program Director; Eoghan Jennings, StartupBootCamp Dublin Founder; Steve Seuntjens, Personal Health Solutions; Joey Mason, Delta Partners; Conor Hanley, Founder and CEO Bianca Med; Johnny Walker, Founder Global Diagnostics, Jim Joyce CEO Point of Careand visionary Founders of healthcare startups SkinVision, GetHealth and DoctorKinnect.

Speaking at today’s launch, in Trinity College’s Science Gallery, Martin Kelly, partner IBM Venture Capital said; “IBM are delighted to be involved with healthXL. It extends our Global Entrepreneur activities into healthcare in collaboration with a number of our key clients. Dublin is an ideal location with its mix of vibrant startup community, global health presence and HQ for some of the hottest tech, pharma and medical device firms. ”

HealthXL partnerships combine a wealth of health and tech experience from the leading global companies involved including; IBM, GSK (GlaxoSmithKline), PHS (Personal Health Solutions), and Reckitt Benckiser. The program also has strong support from Enterprise Ireland, Nesta, Byrne Wallace, and BLG.

One of the most prominent and prolific investors in health related startups Ester Dyson,HealthXL mentor and Startupbootcamp advisory board member said “In the US and Europe there are plenty of entrepreneurs and also decent access to funding. The challenge is to scale these companies once they are beyond the early stage. One of the features that enticed me to Startupbootcamp is the way it leverages large companies — not for their money but for their expertise.”

“Recent technology has been so transformative because it has changed behavioral patterns for millions of people. We started to think, what if this level of change could be applied to an area which really made a tangible difference to people’s lives – to their health & wellbeing – helping them to live more productive lives, with more independence, without breaking the bank”, saidEoghan Jennings, Director, HealthXL. “HealthXL wants to do exactly this by applying technology that we already have at our fingertips. What if we could apply this technology to the problems we face in health today, and those we’ll be facing soon? What if a more widespread adoption of technology could help us lead more independent, healthier lives? What would the overall economic benefit be then?”

Startupbootcamp, a leading European accelerator which launched in Dublin earlier this year, receives over 1000 startups applying for a chance to take part annually, with only 10 of the hottest teams accepted into each city.

“Startupbootcamp Dublin helped us validate our idea, build our product, and even create a business plan with operational metrics and financial forecasts. In three short months, we built our MVP, spoke with numerous prospective customers who have signed up as our beta testers, and generated active mentor and investor interest both local and global.” said Patricia Ryan, Founder NotesFirst and Startupbootcamp Dublin Alumni. “If you want to mature your company to transform your industry, there's no other place to be than SBC!".

Today’s launch kicks off a series of global events to officially search for the world’s hottest health and tech start-ups. HealthXL “healthy” events will take place in London, Amsterdam,Berlin, Copenhagen, Sydney and the US showcasing what explosive results the accelerator has to offer. HealthXL 2013 will operate in Dublin and London, offering teams the opportunity to connect with an experienced mentor and investor network in London and will launch early next month with UK partner NESTA.

“Enterprise Ireland is very pleased to be a supporter of this programme and delighted that HealthXL will take place in Dublin next year.” Said Lorcan O'Sullivan, Manager Overseas Entrepreneurship, Enterprise Ireland. He added “The fact that blue chip companies who are driving this project, chose Ireland as its location is an endorsement of the Irish startup environment and the strength of the life science sector here”

“GSK is excited to be associated with this new initiative that seeks to bring together cutting edge technology and innovative healthcare. The political, social and economic linkages between Dublin and London have deepened in recent years and it is fitting that this programme will operate between the two capital cities. The Life Science sector in Ireland is driving the Irish economy at a time of great challenge and it is critical that future policy is directed at supporting indigenous companies that can grow and export to new markets.” said David Gibson, Head of Innovation, Global Manufacturing & Supply GSK at the event, and continued “As one of the world’s leading research based pharmaceutical and healthcare companies, we look forward to supporting new start-ups to gain the expertise and business acumen to go beyond the early stages towards growth and sustainability.”

HealthXL will culminate on Dublin Investor Demo Day in May 2013 where teams will pitch to a 300+ audience of the world’s key angel investors, business mentors and community members.

Startups can register interest for application and investors and businesses can register interest here for newsletter updates and secure tickets for the launch and/or healthy breakfasts series - register here today.

HealthXL thank Trinity’s Science Gallery for generously hosting the launch event.