Latest news in our ecosystem
Automating insurance pricing is a big business, and the world of AI is coming at it “full pelt.” The latest is Akur8, an insurtech automating insurance platform whose “Transparent AI” product is trying to eat into the incumbent large business of Willis Towers Watson, among others.
This week Stéphane Guinet, founder and CEO at Kamet Ventures discussed the key attributes of startups that can rise above the rest and attract major funding.
Fraud protection startup nSure AI has raised $6.8 million in seed funding, led by DisruptiveAI, Phoenix Insurance, AXA-backed venture builder Kamet, Moneta Seeds and private investors.
In today’s show, we talk with Michaël Niddam, co-founder and managing partner of the venture builder Kamet Ventures. In this conversation, we tried to get a better understanding of how a venture builder actually works, how much equity it takes in startups it launches, what the competitive landscape is like, and much more.
The evolution of technology startups in the past few decades has been immense. A mere 30 years ago hardware was relatively easy to innovate in, as companies had not set up their digital infrastructure, and the pace of overall innovation was slower. Nowadays the focus has shifted completely onto software, where it is easier to implement incremental updates and integrate into existing infrastructure. Within this ever changing environment, the Chief Technology Officer (CTO) plays a pivotal role, with skills that are increasingly valuable within strategic decision making, not just execution.
London’s fully automated life insurance advice platform Anorak has raised £5 million in a funding round led by Outward VC. Triple Point Ventures and existing investor Kamet Ventures also participated in the raise, as did a number of Angel Investors including Nic Kohler, Paul Evans, Charlie Delingpole, and Will Neale. The fresh funding is expected to accelerate Anorak’s distribution and partner networks as well as continue development of its offering.
Increased consciousness around public health and the pandemic-driven demand for innovation saw the healthtech sector get a major cash injection of $750 million between 2019 and 2020. Traditional investors in healthtech have been joined by new entrants into the sector who rightly expect that the digitisation of the healthcare industry, which was accelerated by the pandemic, will create a generation of high-value startups. However, the presence of new investors brings challenges as well as opportunities.
It’s estimated that by 2050 the number of people over 65 will be double today’s figure. And with people living longer and the population ageing, there’s increasing pressure on already strained care systems. Birdie, a London-based startup, thinks it can help. The platform, which helps care providers to plan, monitor and assess patients digitally, has just raised $11.5m in a round led by Index Ventures.
Successful entrepreneur Ben Prouty says that joining venture builder Kamet was unlike any other way he had worked before — but a far saner way to create a business. Here's why.
Starting and growing a company is a huge undertaking on its own but building a company in the healthcare space brings an additional set of unique challenges. Healthtech startups require an extensive amount of research and a solid regulatory plan almost from the get-go. This comes with the additional need of finding the right business models for the various healthcare and incentive systems in different markets, navigating the national regulations and health ecosystems, and striking the tricky balance between serving the largest market possible while still providing an effective solution for every individual.
The success of Tel Aviv’s start-up scene has created a tight market for tech talent
Like VCs, venture builders look for ideas with the potential to have a transformational impact at large scale. Unlike VCs, rather than scouting for the entrepreneurs that are already turning those ideas into businesses, venture builders identify ideas and incubate businesses around them themselves — only then bringing in entrepreneurs and “founding” teams. How do we do that at Kamet?
Le français Qare est racheté par le groupe HealthHero qui veut devenir le leader européen.
The London-based company is raising a “megaround” to buy more healthtech companies as it seeks to become Europe’s telemedicine leader.
Venture building — where companies create a startup to fit a particular business need — is gaining popularity. That may be because survival rates of companies created this way are far higher than you would get through conventional VC investing or through other types of corporate programmes.
Israel-based Ibex Medical Analytics, which has an AI-driven imaging technology to detect cancer cells in biopsies more efficiently, has raised a $38 million Series B
We asked Europe's biggest tech investors to pick the disruptive insurance startups they think will blow up in 2021.
Investment group Kamet Ventures professes to “build disruptive businesses from the ground up” in the health tech sector, as well as in ‘insure-tech’ and mobility
Earlier this week Sifted made some predictions for what will be happening in the world of European tech startups in 2021.
Michael Niddam, Co-founder and MD of Kamet Ventures, says questions over quality leave the long-term future of telehealth on a knife-edge
Michael Niddam, managing partner Kamet Ventures, examines the disconnect between the growing demand for innovation in healthcare and the capacity of institutions, organisations, and systems to adopt and integrate that innovation.
Each year, we poll Term Sheet readers for what they believe will happen in the upcoming twelve months. And boy do y'all have thoughts.
Poncho is a platform that supports working parents. Even before the pandemic, parents were having a really hard time juggling work and childcare challenges and with the advent of increased working from home...
Average annual childcare costs reached £6,800 in 2020. New digital startup Poncho, backed by Kamet Ventures, will help businesses support working parents and their kids.
Service that improves treatment for patients on way to hospital to be introduced across UK after successful trial.
Making lemonade out of lemons has become our unofficial motto over the past few months.
Kamet Ventures’ Michael Niddam gives his advice for start-ups, from opportunities for innovation to why it’s important for entrepreneurs to take time away from the hot seat.
Setoo’s AI-powered solution integration will allow travel agents using the Amadeus Travel Platform to provide travellers with the most relevant protection
Préconisée pendant le confinement, la téléconsultation a enfin réussi à pénétrer dans le quotidien des Français. Malgré cette croissance soudaine, cette pratique possède encore de nombreux freins qui empêchent son développement.
HOLIDAYS abroad have always come with their fair share of risks, but the pandemic makes travelling that bit trickier.
When Kamet was founded almost 5 years ago, our mission was simple: to help solve people’s #painpoints through creative and #disruptive ingenuity. Since then we have built 19 ventures focused on everything from #fertility and #aging to #fleetsafety and access to #lifeinsurance.
COVID-19 has highlighted the underlying fractures in the UK's care sector.
The developers of more than forty AI-powered healthcare products are set to take a cut of a new £50m NHS innovation fund.
Its Galen Prostate solution helps pathologists with more accurate diagnoses and improves lab efficiency
Back in April, in the eye of the pandemic storm, we asked European VCs and angel investors How is coronavirus impacting the funding landscape for startups?
As Published in UKTN By Michael Niddam, Co-Founder and Managing Director of Kamet Ventures As startups and investors face uncertain times, venture builders offer […]
As we eagerly await updates about potential vaccines for COVID-19 that could enable a return to ‘normal’ life...
Dans le paysage foisonnant de l’investissement, les fonds se multiplient… et ne se ressemblent pas.
`The startup ecosystem will take a year or more to fully recover from the impact of the COVID-19 pandemic, with economic and political risk...
GCV spoke with Michaël Niddam, co-founder and managing director of Kamet Ventures about the intersection of health care and insurance tech.
The pandemic has hit the startup world hard. With even well-established later-stage companies struggling to keep on an even keel during the crisis, government support packages...
We invent. We incubate. We scale. We build. These are the four pillars that form the foundations of Kamet Ventures...
As more doctors switch to video consultations, a slew of new diagnostics and monitoring technologies are making healthcare more personal.
Covid-19 is impacting the world of venture creation, with ripple effects on the wider entrepreneurship ecosystem...
Digital medicine is making strides towards the mainstream as people seek remote healthcare in an effort to avoid hospitals and clinics
e global spread of coronavirus has forced us all indoors and seeking digital alternatives to face-to-face interactions...
Air Doctor, the health tech startup that connects travellers with local doctors, has raised $7.8 million in Series A funding.
It was the popularity of fertility tracking apps like Clue and Ava Health that first peaked the interest of global investors in femtech startups catering for overlooked women’s issues.
Making data smart can lead to a number of advantages including better insights into risk and pricing, a more streamlined sales process to avoid repetitive form filling, improved understanding of...
Far from replacing humans, Artificial Intelligence is actually coming to the aid of a very old profession that has fallen out of fashion to such an extent that people are increasingly not joining it. I speak of the rarified world of the Actuary.
Chancellor Rishi Sunak today unveiled a raft of new fiscal measures as he vowed to deliver on the government’s promise of “levelling up” the UK.
Ibex offers an important contribution in facing two challenges, the shortage of pathologists and the occurrence of human errors
Following a whirlwind career building three of the most exciting ventures in the London start-up scene, Ben Prouty has joined Kamet Ventures as our latest entrepreneur in residence!
As featured on TechCrunch Medloop, which allows patients to manage healthcare needs and providers, has secured €6 million from Kamet Ventures and AXA. […]
By David Adams, Product Development Lead The best UX is no UX. The best code is no code. Pretty much everything I, and […]
The entrepreneur of popular mythology is a buccaneering character – ambitious, independent, just a little arrogant and brimming with disruptive ideas. And if […]
By David Adams, Product Development Lead Source: Nick Fewings via Unsplash Last year, I was fortunate enough to attend a Design Sprint […]
Until recently, Ravit Warsha Dor served as head of innovation at the Israeli health ministry's digital health department.
Earlier this month I participated in a truly unique conference - an outdoor weekend-adventure in Iceland...
By David Adams, Product Development Lead When you’re building a product, it’s tough to avoid the distractions and stay focused. Getting your entire […]
Kamet turns the traditional seed capital model on its head by developing disruptive ideas itself and then finding entrepreneurs to lead them. Oh, and they’re backed with...
By David Adams, Product Development Lead Launching new products is really hard. Each year around 30,000 new products are introduced, of these, 95% […]
The AXA-backed startup incubator supports talented founders before they have a business idea, leading to such success stories as the virtual fertility clinic Apricity
Setoo will enable Omio to easily create, distribute and test personalised, transparent insurance offerings according to […]
Protection and mortgage advice firm Albany Park has announced that it has joined forces with Anorak Technologies.
The firm’s latest round brings the total raised by the AI-powered fertility tech to €8.8m Billed as the world’s first virtual fertility clinic, […]
It graduated from Accenture's fintech innovation lab earlier this year, and is present on Starling's and Yolt's marketplace, where it will likely be able to gain more traction.
Pionnière en France depuis 2016, la startup Qare annonce une levée de fonds de 20 millions d'euros pour séduire les praticiens et se faire connaître du grand public
Travel insurtech Setoo has gained its first customer to utilise its platform for personalised offers.
Depuis le mois de mars 2018, les salariés du cher réalisent en autonomie la pré-visite individuelle dispensée par l’apst18 grâce à padoa. Une organisation interne simplifiée pour une performance décuplée de l’analyse des données collectées.
Agetech startup Birdie secures €7 million Series A to help elderly adults live independently. This London-based startup, is building a holistic home care platform to help the older adults live independently in their own homes, using apps and connected devices to track their well-being.
Ex-Group CEO of AXA's global life, savings and health business, Paul Evans, has been appointed as non-executive director of smart data technology provider Anorak
The U.K. startup building a life insurance advice platform, has raised £5 million in Series A funding. It brings the total raised by Anorak to £9 million. The round is led by Kamet Ventures, the tech incubator.
Great win. Anorak is awarded "Most Innovative Life / Health Insurance Firm of the Year" at Life Insurance International Innovation Awards 2018
Un an après une première levée de fonds de 5 millions d'euros, la startup Padoa lève à nouveau 20 millions d'euros auprès de ses investisseurs historiques.
Setoo announces it has closed a $9.3 million Series A funding round, bringing the total amount raised to date to €10.3million ($12 million). The main investor is Kamet, AXA’s ‘Insurtech’ startup studio.
Anorak on board with Yolt the fintech owned by ING to put people back in control of their money!
The mobile-only bank and the smart life insurance adviser team up to offer Starling customers fast and easy access to personalised, transparent, impartial and regulated life insurance advice.
Stéphane Guinet détaille le mode de fonctionnement de Kamet, la fabrique de start-up lancée par AXA.
First AI pathology diagnostic system up and running in clinical setting
Qare veut faciliter l’accès des Français à la télémédecine
La start-up parisienne Qare a déployé en France sa plateforme dédiée à la télémédecine. Un service proposé en plein débat sur le remboursement des vidéo-consultations par la sécurité sociale.
Michael Niddam Executive Partner Kamet Ventures, David Vanek CEO Anorak, French Founders event
La jeune pousse Qare permet au patient de se connecter à distance sur une plateforme de vidéo consultation sécurisée. Chaque consultation donne lieu à un compte rendu écrit.
Stéphane Guinet, Founder and Managing Partner of Kamet Ventures will be speaking at the Paris Fintech Forum on the Main Stage
Anorak has been spotted by Techcrunch as the latest 'insurtech' company to pick up funding in the U.K. The London-based startup is on a self-described mission to "build the world's smartest independent insurance adviser"
Anorak Technologies Limited, the smart data company secures £4 million to make life insurance more accessible in the UK.
Before joining Kamet, David was Chief Financial Officer of Menlook.com, a global online retail destination for men's style
Créée en novembre 2016, Padoa propose aux entreprises, pour un coût équivalent, d’optimiser l’organisation de la santé du travail.
Europe1 reçoit Cédric Mathorel, CEO de Padoa dans l'émission de Raphaëlle Duchemin, Label Entreprise.
Cédric Mathorel joins Kamet’s ecosystem as the CEO of Padoa, an innovative occupational health platform.
The ambition of Birdie is to help dependent elders live longer, safer and happier in their own home.
Qare raises €6m in Series A round to empower patients wherever they are by offering access to a holistic set of personalized medical services.
Before joining Kamet, Limvirak Chea was CEO of Streetlife, acquired by Nextdoor in a multi-million pound deal in 2017.
Before joining Kamet, Frederic was head of Product at BlaBlaCar.
Before joining Kamet, Tiina was Creative Director at AKQA leading and mentoring multi-disciplinary teams. She’s passionate about making useful and beautiful digital products/ services.
Un peu plus d’un an après sa création, le « start-up studio » d’AXA a vu éclore ses premières jeunes pousses.