Indian health expertise firm GOQii has scored one other $10 million in an prolonged Collection C fairness funding spherical from Hong Kong-based sport software program and enterprise capital agency Animoca Manufacturers.
This time, the funding will help the event of its well being metaverse, in line with a press assertion.
Based in 2014, GOQii is a well being tech firm that provides a wearable health tracker and a companion cellular app. It additionally gives well being teaching and insurance coverage and operates a well being market.
WHAT IT’S FOR
The metaverse ecosystem that GOQii is constructing might be powered by a digital token programme the place customers might be rewarded with a digital token for his or her wholesome behaviours and for finishing gamified health actions.
These tokens, the corporate mentioned, can be utilized to buy services, purchase non-fungible tokens or NFTs, and take part in particular occasions and sport modes. NFTs, specifically, will be transformed right into a blockchain-based cryptocurrency for transactions on platforms exterior the GOQii ecosystem, a news report famous.
The tokens are additionally an extension of the corporate’s GOQii Money. First launched in 2018, the GOQii Money will be redeemed on the GOQii Well being Retailer, a well being market with over 200 manufacturers and greater than 6,000 merchandise, reminiscent of wholesome snacks, dietary supplements, and health tools.
The GOQii metaverse is focused to be launched worldwide within the subsequent 12-24 months.
WHY IT MATTERS
The upcoming GOQii metaverse provides to the various methods the Indian individuals will be actively concerned in managing their well being, which is among the main goals of the lately launched National Digital Health Mission. The Indian authorities intends to additional the digitisation of its well being system by the NDHM, which can construct the foundations of the nation’s digital well being infrastructure.
“GOQii’s Metaverse is dedicated to driving innovation throughout the healthcare business, as the corporate seeks to handle the complicated challenges of healthcare accessibility and affordability,” the corporate mentioned.
THE LARGER TREND
It was solely early this 12 months that the hype round metaverse, a community of 3D digital worlds, has come to the healthcare business.
The Emirates Health Services in Dubai introduced in January that it has began piloting what might be the world’s first healthcare metaverse platform. Known as MetaHealth, the platform gives a digital world for the well being professionals in Dubai’s three main hospitals. Sufferers who’re unable to bodily go to a clinic or hospital can entry this platform by a cellular gadget.
Final month, Singapore-based healthcare agency Meta Health mentioned it’s going to enter the metaverse ecosystem of Aimedis, a medtech firm from the Netherlands that constructed the digital Aimedis Medical Metropolis. Their partnership will see Meta Well being’s telemedicine platform 5Digital embedded into Aimedis’ digital medical metropolis the place session notes, in addition to well being knowledge from IoT medical gadgets, might be saved on the blockchain.
Weeks in the past, robotics startup NexStem started rolling out its brain-computer interface (BCI) headset and software program throughout Asia-Pacific, Europe, and the US. The corporate mentioned it’s exploring the usage of circumstances of BCI in digital actuality, psychological well being, and on a regular basis functions to additional make people part of the metaverse.
In the meantime, GOQii’s newest funding from Animoca provides to the $50 million it raised in a financing spherical in February, which proceeds might be deployed to increase its insurance coverage and digital therapeutics choices.