Greater Noida: To create an ultra-low-power biosensing chip, GIMS Startup has raised Rs 16.6 crore
Greater Noida: Through Sophrosyne Technologies, one of its fostered firms, the Government Institute of Medical Sciences (GIMS) incubation center has raised Rs 16.6 crore in initial capital. Bluehill VC, a technology-focused investment company, led the capital round.
GIMS is home to the first government-run incubator in the state, which was created to promote deep-tech, digital health, and medtech innovation. One of its major companies, Sophrosyne Technologies, is creating a unified biosensing System-on-Chip (SoC) that uses very little power and can measure temperature, respiration, PPG, and ECG. The SoC is intended to power the next generation of wearable technology for ongoing health monitoring. It is designed as a small semiconductor solution.
The Ministry of Electronics and Information Technology’s Design Linked Incentive (DLI) program of the Government of India has previously provided assistance to the firm. The recently collected funds will be used to start OEM involvement in Indian and international markets, improve the silicon design and firmware teams, and move from prototype silicon to production-grade development.
Sophrosyne Technologies is creating its own medical-grade chipsets for cutting-edge wearables and clinical devices in India, according to Dr. Rahul Singh, CEO of the GIMS incubation center. Jatin Gupta, who has international expertise in strategy and operations, and Dr. Manish Shrivastava, a PhD candidate from University College Cork, Ireland, launched the firm.
By developing domestic, ultra-low-power, clinically accurate health chipsets with multi-vital biosensing, smart power management, and AI-based real-time danger detection, Sophrosyne Technologies hopes to reduce India’s reliance on foreign chipsets for health and medical equipment. In order to support upcoming invasive and noninvasive medical devices, the business is also developing energy-harvesting technologies.
The startup’s success, according to GIMS Director Brigadier Dr. Rakesh Gupta, shows that, with the correct structure, vision, and clinical integration, a public hospital environment can produce top-notch medical and technological innovation.