Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on innovative advanced analytics solutions. As there is a large number of startups working on a wide variety of solutions, we want to share our insights with you. This time, you will discover 5 promising informatics startups.
Heat Map: 5 Top Informatics Startups
Using the StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally, we looked at innovation in the field of analytics. For this research, we identified 927 relevant solutions and picked 5 to showcase below. These companies were chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. Depending on your specific criteria, the top picks might look entirely different.
The Global Startup Heat Map below highlights 5 startups & scaleups developing innovative informatics solutions. Moreover, the Heat Map reveals regions that observe a high startup activity and illustrates the geographic distribution of all 927 companies we analyzed for this specific topic.
Validere – Energy Informatics
Environmental concerns are leading the energy industry to look towards renewable sources of energy as alternatives to fossil fuels. Industry 4.0 techniques such as the Internet of Energy (IoE) enable energy companies to collect vast amounts of data from renewable energy assets. Startups utilize these data sets to build energy informatics solutions for optimizing the production and distribution of energy.
The US-based startup Validere develops the Validere 360 platform, an aggregated data source for the energy industry. With the help of informatics, the platform enables the energy industry to derive and act on actionable insights relating to oil and gas (O&G) product quality. Validere Edge, an artificial intelligence engine, helps O&G sellers expand their market exposure and connect with buyers with varying requirements in product quality. The engine predicts final blend quality, logistical costs, and realizable value for what the customers need.
MI-6 – Materials Informatics
Material innovation companies invest a significant amount of time and resources in finding new materials with novel properties and functionalities. The material informatics solutions accelerate the discovery, selection, and development of new materials. Compared to existing computational solutions, informatics is a more data-driven approach. It helps the material industry analyze the large volumes of data that it generates. Startups offer informatics solutions that integrate advanced analytics with material science.
Japanese startup MI-6 creates proprietary materials informatics analysis technology for material development. With the help of molecular design algorithms and optimization techniques, the startup enables material innovation companies to develop new materials seamlessly.
MedEwise – Health Informatics
Information technology enables the healthcare industry by improving problem-solving and decision-making capabilities. Health informatics aids hospitals and other healthcare businesses reduce costs in terms of medical errors and help improve the overall quality levels of healthcare delivery. Electronic health records maintain a treasure trove of patient information for hospitals to evaluate their quality of service. Startups leverage this information to improve healthcare delivery quality.
Indian health informatics startup MedEwise offers a suite of products to build integrated health and social platforms. MeDEWise Kids Pro enables parents to manage their children’s comprehensive health information. The startup also leverages mobile computing and advanced analytics to provide a social platform for parents and doctors to interact. The solution offers optimal and timely preventive care for children.
CB Therapeutics – Novel Enzyme Design
Deoxyribonucleic acid (DNA) sequencing is comparatively cheaper than in the past, owing to new sequencing technologies. Advances in bioinformatics enable biotech startups to develop novel solutions faster. For instance, startups are engineering viruses to treat hereditary conditions in farm animals. Genetic editing solutions leverage bioinformatics to improve accuracy and find new targets for gene editing.
The US-based startup CB Therapeutics develops bioinformatics programs for novel enzyme design. With proprietary automated transcriptome assembly in the cloud, the startup significantly reduces the level of human intervention required. The startup’s solution is scalable to assemble any number of transcriptomes. The platform uses gene design techniques to improve robustness in enzyme expression.
DoubleStrand – Drug Discovery
The pharmaceutical industry is rapidly evolving with advances in technology. For example, artificial intelligence algorithms speed up the discovery of new candidates. Bioinformatics also plays a vital role in the development of the drug discovery process in terms of in-silico prediction and identification of biologically active candidates. Startups develop bioinformatics solutions to reduce the overall lead time of the drug discovery process.
Swedish startup DoubleStrand combines genetic data with biomedicine to deliver process improvements in drug discovery. The startup provides an extensive visual library and biological interpretation to convert experimental data into tangible biological insights. DoubleStrand also offers advanced clustering and segmentation, machine learning, and deep learning methodologies for bioinformatics, as well as web-based tools for converting raw data into interactive dashboards.
What about the other 922 solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence and enable you to achieve your goals faster. The 5 informatics solutions showcased above are promising examples out of the 927 we analyzed for this article. To identify the most relevant solutions based on your specific criteria, get in touch.