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Forge Ventures leads US$1.3M pre-seed round of Mito Health

The Mito Health founders

Singapore-based healthtech startup Mito Health has secured S$1.7 million (US$1.3 million) in seed funding.

Forge Ventures led the round, with participation from angels, including the founders and executives of ShopBack, Carousell, PatSnap, Glints, SingLife, Rainforest, ErgoTune and OhMyHome.

Mito Health was co-founded by Tee-Ming Chew, Kenneth Lou, Joel Kek, and Dr Ryan Ware. Chew and Kenneth previously co-founded and exited Seedly, while Joel Kek earlier led engineering teams at TraceTogether at GovTech. Ware is a former surgeon.

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The startup augments medical expertise with AI to create personalised health plans for customers based on their diagnostic results and wearable data. It guides users through rigorous optimisation cycles throughout their member experience using digital coaching in the areas of diet, exercise, supplements, and sleep.

Mito aims to serve the health-conscious demographic and individuals looking for strategies to maintain their health beyond annual checkups and supplements. The initial focus is Singapore, with plans to expand regionally into other developed markets.

CTO Joel Kek said: “Imagine having an always-accessible medical team that understands you well, helping you to improve health and performance. This currently exists for athletes and the ultrawealthy. Mito Health makes this accessible by combining deep medical expertise with advanced AI models.”

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“Personalised, preventative strategies are key to extending lifespan while preserving the physical and cognitive quality of life, and AI will pave the way to the widespread accessibility of bespoke care,” added Chief Medical Officer Ryan.

Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the platform, and other prizes. Join TOP100 here.

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