Watch Sprint Workshop 2: How to attract investment to fund product development and scale your company

Written by Longitude Prize Team

On 30 September 2020, the Longitude Prize hosted a virtual workshop as part of the Longitude Prize Sprint Programme. This workshop drew upon insights from medtech startup founders, venture capitalists and impact investors to explore strategies to fund, build and scale medtech products.

Panel discussion: Learn how to attract investment to fund product development and scale your company

In this video, an expert panel of investors and entrepreneurs debate the ‘dos and don’ts’ of seeking funding. The panel discuss the importance of resilience in entrepreneurs, the human aspect of the investor-investee relationship, and the need for start-ups to conduct due diligence on potential investors. They also explore the impact of Covid-19 on investing in the medtech landscape, and the role that culture can play in an investor’s funding approach.

The panel consisted of the following experts:

• Dr Abel Ureta-Vidal, Serial Entrepreneur, Founder Eagle Genomics, UK
• Dr Chandrasekhar Nair, Co-founder, Bigtec/Molbio, India
• David Gill, Managing Director, St John’s Innovation Centre, UK
• Dr Julie Rosser, CEO, Pregenerate, Austria
• Manish Miglani, Investment Director, Impact Investments, Nesta, UK
• Radha Kizhanattam, Partner, Unitus Ventures, India
• Ray Martino, COO and Founder, Specific Diagnostics, USA
• Dr Tuhin Bhowmick, Co-founder, Pandorum Technologies, USA

Chair: Dr Satya Dash

Colin Denver, SpeeDx: Building a diagnostic company

On 30 September 2020, the Longitude Prize hosted a virtual workshop as part of the Longitude Prize Sprint Programme. This workshop drew upon insights from medtech startup founders, venture capitalists and impact investors to explore strategies to fund, build and scale medtech products.

In this video, Colin Denver tells the journey of SpeeDx from its founding as a Johnson & Johnson research facility spin out in 2009 in Australia to a global diagnostics company with Series B funding in 2020.

Colin Denver, CEO, SpeeDx, Australia

Dr Chandrasekhar Nair, Bigtec/Molbio, India: Building a diagnostic company

On 30 September 2020, the Longitude Prize hosted a virtual workshop as part of the Longitude Prize Sprint Programme. This workshop drew upon insights from medtech startup founders, venture capitalists and impact investors to explore strategies to fund, build and scale medtech products.

In this video, Dr Chandrasekhar Nair tells his personal story of building BigTec/Molbio over the course of two decades in India. He explores how he gained the investment that he needed and the key steps to success for a highly challenging product development process.

Dr Chandrasekhar Nair, Co-founder, Bigtec/Molbio, India