DHP Successfully Hosts 'DHP Demo Day 2024'

Digital healthcare startup-focused investment firm Digital Healthcare Partners (DHP) announced on the 15th that it held the 'DHP Demo Day 2024' on the 11th at the Korea Science and Technology Center in Gangnam-gu, Seoul. Since 2017, the annual Demo Day has been organized to introduce eight digital healthcare startups invested in and nurtured by DHP. The event was attended by 300 participants from startups, the medical field, and industry sectors.

Choi Yoon-seop, CEO of Digital Healthcare Partners (DHP), is presenting an introduction to DHP and its investment status at 'DHP Demo Day 2024.'
[Photo by Lee Chun-hee]

In the opening keynote speech, Yoonseop Choi, CEO of DHP, presented an introduction to DHP and its investment status, introducing DHP’s mission to “innovate healthcare through startup investment” and proposing the investment strategy called “10X Healthcare.” This strategy focuses on investing in startups with the potential to create healthcare that is ten times better than the current standard. CEO Choi emphasized that “investment returns will naturally follow when investing in innovative startups,” highlighting that the eight startups presenting at this Demo Day are the result of this investment strategy. He also identified aging, medical artificial intelligence (AI), and cognitive health improvement as recent mega trends in the healthcare market and stated that DHP will invest in startups seizing opportunities within these mega trends.

In the following keynote, Seungwook Baek, Chairman and founder of Lunit, gave a presentation titled “Lessons Learned from Founding Lunit.” He shared the story of Lunit, which was founded by six co-founders with no prior business experience under the mission “to conquer cancer with AI,” successfully went public, and continues to challenge the global healthcare market while maintaining an underdog spirit. Chairman Baek encouraged the younger startups gathered at the Demo Day to pursue global expansion, emphasizing that domestic healthcare startups must enter the global market.

Baek Seung-wook, Chairman of Lunit, is delivering the opening keynote speech on the topic "Lessons Learned from Founding Lunit" at the "DHP Demo Day 2024."
[Photo by Lee Chun-hee]

In the first part, four startups recently invested in by DHP presented: FixUpHealth, which develops a remote rehabilitation monitoring platform; JamJam Therapeutics, which develops augmented reality (AR)-based rehabilitation games for infants and toddlers; MindHub, which creates a cognitive impairment rehabilitation platform for brain disease patients; and MyHub, which develops a medical AI service platform. In the second part, four startups from DHP’s existing portfolio seeking additional investment presented: EdmicBio, which develops 3D organ chips simulating human organs; BosalPim, which creates a senior care platform; Orange Biomed, which develops a portable device for measuring glycated hemoglobin; and NewBase, which creates a medical practice platform utilizing a meta hospital. At the end of each session, CEO Yoonseop Choi personally moderated a Q&A session with the representatives of each company.

This Demo Day was supported by Asan Nanum Foundation, Kakao Healthcare, Smilegate Investment, Orange Planet Foundation, Evertry, Dong-A ST, CRS Cube, ZUZU, and others.

CEO Yoonseop Choi of DHP said, “We are proud to showcase the eight startups creating medical innovation together with DHP to the ecosystem members,” adding, “We will actively invest in more startups that will create 10X healthcare with DHP.”