No one wants to spend their days stuck in bed, but millions of patients and elderly people have to, either due to old age or health issues. This can lead to problems like bedsores and dangerous falls. Cureous Labs, a team of innovators in Bangalore, India, is changing that by turning frowns into smiles with smart medical devices.
Cureous Labs is a spin-off of the prestigious Biodesign fellowship at AIIMS and IIT Delhi. They have been pushing themselves, conducting extensive clinical research in India and Australia (at more than 30 hospitals), working hard or not at all!
They have an interdisciplinary team led by real mentors who are real doctors and experts in their respective fields (the real MVPs!), developing some of the real game-changers. Cureous is already being awarded and getting grants, including a big one from the Bill & Melinda Gates Foundation.
How An Ordinary Research Project Turned into a Multi-Billion-Dollar Opportunity: The Curious Story
In 2019, Asish Mohandas, AIIMS Biodesign Fellow and IIT Delhi (the first-ever National James Dyson Awardee of a medical device; yes, that Dyson!), realized that solutions to overcome issues of pressure injuries, as well as make the work of caregivers a lot easier, should be available and affordable with computerized systems to simplify matters.
In 2020, Cureous Labs was founded out of the curiosity to develop products that would truly treat unattended health issues.
What they had done to the name, there? Clever, right?
They are not solely producing devices; they are designing solutions that actually improve independent living and restore a glow to the lives of people with low mobility.
It has to do with being able to make sure that the care and protection are coordinated in advance, when the people have not gotten sicker, since, after all, prevention is always better than cure.
Selecting the products of Cureous Lab is not simply an additional expense of the health care system; it is an inherent benefit that can ensure a dignified and autonomous life.
Seed Funding Nabisco!
Cureus Labs just raised 166 million dollars (about 200,000 US dollars to my counting) in seed funding. The investors of Inflection Point Ventures (IPV) spearheaded the round, but some cash was invested by Anthill Ventures.
So, what makes the shopping list with this new money?
- To prepare the first batch of Eturnal.
- To stock the inventory so people don’t have to wait.
- The growth of sales team.
- The first disinfection center is opening.
- Safety tests and certifications are done.
- The B2B product line is expanding to more hospitals.
Eturnal: The Device Everybody is Talking About
Today, we can speak about the show star Eternal 1.
An automatic bed turner machine to avoid the most grotesque bedsores and give the caregivers a break of a lifetime. It is only 1/5th the price of the international alternatives!
Eturnal is not just a concept. It’s already in use. Hospitals, rehab centers, and home care facilities are using it, with over 30,000 patient turns and 14,000 automated patient logs.
Additionally, B2B and B2C pilots are actively traveling between South India, and this is a testament that this device is here to stay.
Public needs to recognize that the market is ready to be innovated upon, and this sets up a beneficial context to secure ongoing growth and consistency in supply.
Fact Check: The elderly and bedridden patient care market across the world amounts to $277 billion. And the Indian market alone is expected to be addressed with an estimated 8.34 billion.
That is a lot of people who will improve on the innovations of Cureous Labs.
It is not only a product, but also a movement!
The Cureous Mission and Vision
Their mission statement to create solutions that enable the prevention of bedsores and bed-falls easily.
And their vision? To empower citizens to live self-reliantly and pursue their desires regardless of their age.
These aren’t just corporate moves; they’re guided by purpose. Their solutions work not just because it’s good business, but because it’s the right thing to do.
If you’re looking for a company truly transforming medtech, improving lives, and doing it with innovation and passion, look to Cureous Labs. They’re making waves and are only getting started.
