ResusRight’s mission is to revolutionise newborn delivery room resuscitation. Founded by two biomedical engineers, ResusRight has developed a low-cost monitoring system to help clinicians get newborn resuscitation right and reduce the numbers of babies who die or are left with a disability. The company received over US$700,000 in a funding round last year, after an $800,000 injection from the BioMedTech Horizons fund. Boustred and Crott’s (pictured) flagship tech, the Juno Monitor, is now in use in 30 hospitals and universities. The company is developing the Nemo monitor, which will show airway pressures and CO2 levels to the birth attendant while they are resuscitating a baby. 

Dylan Coyne co-founded Updoc in 2021. The business has served more than 200,000 customers via its digital platform that connects patients with registered health practitioners. It received a $20 million cash injection from Bailador Technology Investments in May 2024, joining the capital fund’s portfolio of other fast-growing tech companies. It’s the first external investment for Updoc, which won the Rising Star award in the 2023 Deloitte Fast 50 with a growth rate of 15,924%. The startup plans to accelerate its product development and international expansion. Coyne is the co-CEO. 

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Grace Brown is the founder and CEO of Andromeda Robotics, building AI-powered, assistive humanoid robots who provide social and cognitive support for the healthcare industry. Andromeda’s robotic companions are deployed into children’s hospitals and aged care facilities to positively impact patients’ wellbeing, quality of life and independence. Andromeda was founded in 2022 and the team develop and manufacture their robots on-site in Melbourne. Andromeda will be expanding into new premises in South Melbourne and recently closed a $3m seed round, led by VC fund Purpose Ventures. 

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