Case Study: Brisbane’s Accelerator Model That’s Raising Capital and Elevating MedTech 

Over the past decade, Brisbane has transformed into one of Asia-Pacific’s most dynamic centers for MedTech innovation and commercialization. This remarkable evolution is the result of a deliberate strategy led by the Brisbane Economic Development Agency (BEDA), which has positioned the city as a launchpad for global health technologies through sustained investment, visionary leadership, and a collaborative approach that unites government, academia, and industry.

BEDA: Orchestrating Growth and Global Connections 
BEDA’s mission to drive sustainable economic growth by fostering innovation and attracting investment is at the heart of Brisbane’s MedTech ascent. BEDA’s holistic approach aligns the city’s world-class research institutions, hospitals, and universities with a vibrant start-up culture and robust infrastructure. The result is an integrated ecosystem that supports MedTech startups from ideation to international expansion.

Brisbane’s strategic location in Queensland—the world’s 12th-largest economy—provides seamless access to a $90 trillion innovation corridor. With 17 Free Trade Agreements and globally competitive business incentives, the city offers MedTech companies a cost-effective base for scaling into Asian and global markets. The city also boasts the largest healthcare precinct in the Southern Hemisphere and a health sector projected to grow by 36% by 2031, supported by more than 140 innovation hubs and a steady pipeline of skilled graduates from the University of Queensland and other leading institutions.

The BEDA-LSN Partnership: Bridging Brisbane and the World 
One facet of BEDA’s strategy is its partnership with Life Science Nation (LSN), a Boston-based commercialization platform renowned for connecting life science companies with global investors and licensing partners. Over three years, BEDA and LSN have launched a bespoke global accelerator program that provides Brisbane startups access to LSN’s proprietary investor database, entrepreneurial education, and participation in RESI Global Partnering Events.

This collaboration has established an actual two-way innovation bridge. Through the accelerator, Brisbane companies embark on 12- to 18-month global roadshows, pitching their technologies to international capital investors and licensing partners at premier events like J.P. Morgan Healthcare Week in San Francisco, where LSN has been hosting its RESI JPM partnering event for the past 13 years. In return, global capital, strategic partners, and Pharma seeking licensing deals flow back into Brisbane, amplifying its reputation and strengthening its local ecosystem.

Tangible Impact: Success Stories and Economic Growth 
The impact of the BEDA/LSN global accelerator is evident in the success of its alumni. Within just 24 months, 90% of participating companies have collectively raised over $110 million, with many securing new partnerships, investments, or clients within a year of graduation. Brisbane startups have also consistently earned global recognition on the RESI Innovation Challenge stage, winning top honors in LSN’s Innovator’s Pitch Challenge (IPC) across multiple years. Podium finishes include:

  • Field Orthopaedics – Gold, RESI JPM 2023
  • Max Kelsen – Silver, RESI JPM 2023
  • Clinials – Silver, RESI BIO Boston 2023
  • Convergence Medical – Silver, RESI JPM 2024
  • Gelomics – Bronze, RESI JPM 2024
  • Kimaritec – Gold, RESI JPM 2025

Notably, Convergence Medical, a Brisbane-based company, developed a world-first arthroscopic surgical robot, securing a $5 million investment from U.S.-based Avicella Capital due to meeting up at LSN’s RESI JP Morgan event in 2024 and closing the deal a year later at RESI JPM in 2025. Convergence was also accepted into the FDA Breakthrough Devices Program thanks to connections made through the accelerator. Other alumni, including Microbio and De Motu Cordis, have achieved regulatory milestones and expanded into new markets.

BEDA’s efforts have also attracted significant international players. Stryker, a U.S. MedTech giant, opened its first R&D lab in Brisbane’s Herston Health Precinct, citing the city’s collaborative ecosystem and access to top scientific talent as key reasons for their investment.

A Blueprint for the Future 
Brisbane’s MedTech success is not an overnight phenomenon. It is the product of sustained investment, strategic partnerships, and a commitment to collaboration. As the city prepares to host the 2032 Olympics and Paralympics, billions of dollars in new health infrastructure projects are underway, further enhancing Brisbane’s global profile and capacity for innovation.

For MedTech pioneers, Brisbane now offers more than just a supportive environment—it provides a proven pathway to global markets. Through the combined efforts of BEDA, LSN, and an engaged network of local and international partners, Brisbane has become a beacon for health innovation, investment, and opportunity in the Asia-Pacific and beyond.

Mark Your Calendar: June 15 Event Helps Global Startups Land in the Boston Life Science Ecosystem 

Free Pre-RESI Event | Sunday, June 15, 2025 | CIC Boston 

By Max Braht, Director of Business Development, LSN

Max-Braht-HeadshotFor international life science companies looking to expand into the US, there is no better launch point than Boston – home to the world’s most concentrated life science cluster. As a lead-in to RESI Boston 2025, Life Science Nation (LSN) is hosting a free pre-conference event to help global early-stage companies gain a foothold in this vibrant and competitive market.

Landing Your Company in the Boston Life Science Ecosystem is a half-day forum designed for startups seeking to understand the practical and strategic steps required to establish a US presence. This exclusive event brings together experts across legal, regulatory, funding, investor relations, and real estate sectors to share insights on how international innovators can successfully navigate relocation to the US.

Attendees will benefit from the expertise of confirmed event sponsors who work hands-on with early-stage companies entering the US market. Polsinelli, a nationally recognized law firm, will outline the legal, regulatory, and corporate structure considerations involved in setting up operations in the US. Eva Garland Consulting will speak to strategies for securing non-dilutive funding and leveraging government grant programs to support early R&D. Back Bay Life Science Advisors will offer investor-side insights on how international companies can position themselves to de-risk their opportunity and connect with the right capital sources. Real estate advisory firm Savills will address the strategic importance of site selection, covering what companies need to know about facilities, cost structures, and scaling potential in a competitive market. Digital product development firm Medtech Ahead by BeneStudios will discuss how thoughtful tech infrastructure and design can support investor readiness and commercialization goals. LSN will open the session with a presentation on the early-stage investor landscape and how to make meaningful connections during partnering events like RESI.

Whether you’re preparing for a US launch or are already in-market and looking to scale, this event offers a unique opportunity to gather actionable knowledge and connect with local resources. The session is free for RESI Boston attendees and other international companies in town that week. Space is limited, and registration is on a first-come, first-served basis.

Event Details: 
Date: Sunday, June 15, 2025
Time: 1:00 PM – 5:00 PM
Location: CIC Boston – Meridian Room, 5th Floor, 50 Milk Street, Boston, MA
Cost: Free

Early Bird & Innovator’s Pitch Challenge Deadlines This Week for RESI Boston June 

Don’t miss your chance to pitch to investor panels and save—submit your application and register today 

By Max Braht, Director of Business Development, LSN

Max-Braht-Headshot

This week brings two important deadlines for life science companies looking to engage with investors at RESI Boston June, taking place Monday, June 16 at the Westin Copley Place (minutes from BIO), followed by three days of virtual partnering on June 17–18 and 23.

  1. Final Day to Apply for the Innovator’s Pitch Challenge – tomorrow, Wednesday, May 7

The Innovator’s Pitch Challenge (IPC) is a unique opportunity for startups to pitch in front of a panel of well-aligned investors who are actively sourcing deals. This is not just about winning a pitch—it’s about starting real conversations that can lead to partnerships and investment.

IPC participants receive:

  • A spot in a live, interactive pitch session with modality-specific investors
  • A full conference pass including partnering, panels and workshops
  • A table in the Exhibition Hall to showcase your technology throughout the in-person day
  • A chance to win complimentary RESI registration for a future conference

At RESI Boston last year, 56 companies pitched in the IPC, making it a central platform for startups to raise visibility and build investor relationships. If you’re a biotech, medtech, digital health, AI, R&D services or diagnostics founder, don’t miss this opportunity to get in front of aligned investors.

  1. Early Bird Registration Ends – Friday, May 9

RESI Boston June is Life Science Nation’s flagship partnering event, connecting entrepreneurs with a global network of investors across venture capital, pharma, family offices, angels, and strategic firms.

What’s included with registration:

  • One-on-one partnering across four days (June 16 in-person, June 17–18 and 23 virtual)
  • Access to all content: Investor Panels on topics including early-stage therapeutics, digital health, diagnostics, medical devices, family offices, and AI in healthcare, watching the Innovator’s Pitch Challenge, sessions, and Fundraising Workshops from industry experts
  • Networking opportunities designed to support relationship-building at all stages of fundraising
  • Two investor-laden receptions, the evenings of June 15th and 16th

Early bird rates expire Friday, May 9, offering the best value for fundraising companies to participate in one of the leading global partnering events focused on life science innovation.

Register for RESI Boston June

Redefining Emergency Care: An Interview with Opportunity Health 

Third-place winner at the RESI Europe Innovator’s Pitch Challenge discusses their breakthrough anti-choking device and plans for market launch. 

Interview with Iñigo Almazán Tife, Industrial Design Engineer of Opportunity Health by Caitlin Dolegowski, Marketing Manager, LSN

Iñigo Almazán Tife CaitiCaitlin Dolegowski

We sat down with Iñigo Almazán Tife, from Opportunity Health to learn more about the inspiration behind their life-saving innovation, their experience at RESI Europe, and what lies ahead for the company. Opportunity Health recently took third place in the Innovator’s Pitch Challenge at RESI Europe, and their technology is generating attention for good reason. 

Caitlin Dolegowski (CD): Tell us about the origin of Opportunity Health and the innovation behind your solution. 

Iñigo Almazán Tife (IT): Opportunity Health began with a deeply personal event. Our CEO, Germán, was inspired to create this company after a frightening incident involving his brother, Txema. Txema began choking during a family dinner. Thankfully, their father had some knowledge of how to perform a life-saving intervention and managed to save him. But the family recognized it could have ended very differently—had Theo been alone, the outcome might have been fatal. That moment sparked the idea behind our solution. 

The result is Yarnasa, the first automatic, self-applicable anti-choking device. It’s designed for emergency situations and intended to be simple and intuitive—something that can be used in the moment, even by the person who is choking. 

CD: Can the device be used on both adults and children? 

IT: At this stage, our focus is on adults and individuals over the age of 12. This decision is driven by data: around 90% of fatal choking cases occur in individuals over the age of 65. Once we validate the product for adults, our plan is to begin trials to adapt and validate its use for children as well. 

CD: What stage of development and fundraising is Opportunity Health in now? 

IT: We’re currently patent pending and preparing for CE marking in the European market. Our aim is to launch commercially in Europe by mid-2027. The regulatory process for medical devices in Europe typically takes about two years, so we’re laying the groundwork now. 

In parallel, we’re looking ahead to securing FDA clearance for the U.S. market. However, we currently need additional resources to begin that process. One of our near-term goals is to secure funding to pursue FDA certification in parallel with our European regulatory strategy. 

CD: How does your device compare to existing solutions? 

IT: There are other anti-choking devices on the market, but ours is fundamentally different. Most existing options require prior knowledge or physical effort from another person. That becomes problematic if, for example, the person assisting is also elderly or not physically capable. 

Yarnasa is fully self-applicable and automatic. There’s no need for training or strength—just activate it, place it, and press a button. We’re offering a premium, highly innovative solution that redefines the category of anti-choking devices. 

CD: You took third place in the Innovator’s Pitch Challenge at RESI Europe. What was your experience like? 

IT: RESI Europe exceeded our expectations. It was incredibly well organized and offered a strong platform for networking. We met potential investors and collaborators who provided feedback not only on the product but also on company strategy and market approaches. 

The only improvement we’d suggest is better alignment between registered investors and actual attendance. Some investors were only available virtually, which made coordination a bit challenging. But overall, it was a very positive experience. 

CD: How was your experience with the Innovator’s Pitch Challenge itself? 

IT: The Pitch Challenge gave us valuable exposure and feedback. Beyond the pitching session, being part of the exhibition hall allowed us to interact with a wide range of stakeholders. We had insightful conversations about go-to-market strategies across Europe and the U.S., which gave us a clearer roadmap for commercialization. We walked away with actionable insights and new connections. 

CD: Did RESI Europe help you take any steps forward in your fundraising efforts? 

IT: Yes, absolutely. We made new investor connections and followed up by sharing our deck. We’re now in active conversations. Fundraising is a long process, of course, but RESI helped us move things forward. 

CD: What are your goals for the next year or two? 

IT: In the coming months, we’re focused on finalizing our prototype for industrial production, targeting September of this year. After that, we plan to launch an investment round by the end of 2025 or early 2026. The goal of that round is to fund the company through the final development phase and launch the product in market. 

CD: What advice would you give other companies preparing to pitch at RESI? 

IT: I wouldn’t call myself an expert in pitching, but from our experience, I’d say preparation is key. Be clear about the main message you want to convey. And most of all, enjoy the event—be open to conversation. You never know who you’ll meet, and those connections could play a vital role in your company’s journey. 

RESI Returns to London: December 4–6, 2025 

By Greg Mannix, VP, EMEA Business Development, LSN

Life Science Nation is bringing RESI back to London in 2025, with an expanded conference designed to connect life science companies with the capital and strategic partners they need to grow. The in-person event takes place on 4 December at 11 Cavendish Square, followed by two days of virtual partnering on 5–6 December, extending access to investors and innovators across the globe. 

RESI London offers a robust agenda tailored to the life science ecosystem, featuring investor panels, workshops, one-on-one partnering, and the Innovator’s Pitch Challenge, where selected startups present their technologies to active investors and receive live feedback. Companies raising seed to Series B rounds will find a strong pipeline of potential investors, licensing partners, and collaborators. 

Attendees can register for the three-day hybrid experience or join virtually for the partnering days, depending on their needs and availability. Additional offerings include access to full investor profiles and educational resources to help optimize outreach and meetings. 

RESI also welcomes service providers—including law firms, CROs, and consultants—seeking new business opportunities, and tech hubs and accelerators supporting portfolios of early-stage companies. Discounted packages are available for qualifying groups. 

Qualified investors and strategic partners attend at no cost, with opportunities to participate as speakers, judges, or meeting participants. Whether you’re fundraising, sourcing innovation, or building your network in the European market, RESI London provides a high-impact platform for early-stage partnering. 

Register now for RESI London 2025 and join us in reconnecting global life science stakeholders in the heart of London.

Register for RESI London

Learn Why Innovators Pitch at RESI Boston This June

Connect with top investors and hear how pitching at RESI Boston can move your company forward.

By Claire Jeong, Chief Conference Officer, Vice President of Investor Research, Asia BD, LSN

Each RESI conference, the Innovator’s Pitch Challenge (IPC) allows life science entrepreneurs to present their technologies to a panel of active investors and strategic partners. Companies pitch live to an audience of relevant investors, receive direct feedback, and make meaningful connections critical to their next stage of growth.

The Innovator’s Pitch Challenge (IPC) continues to demonstrate its impact as a key catalyst for fundraising and visibility. Success stories continue to emerge: at RESI JPM 2024, Convergence Medical, who won second place at the IPC and subsequently closed a $5 million Series A funding round led by Avicella Capital, a member of LSN’s Global Partnering Network.

Meet Some of Our Past Investor Judges
The Innovator’s Pitch Challenge is defined by the quality of its judging panel. Each session features active investors and strategic partners who bring deep expertise in early-stage life investment. Past IPC judges have included representatives from:

Brent-Ahrens
Brent Ahrens

Canaan Partners
Jeroen-Blokhuis
Jeroen Blokhuis

General Inception 
Chris-Church
Christopher Church

AstraZeneca
Tom-Gibbs
Tom Gibbs

Debiopharm Innovation Fund
Chris-Haskell
Christopher Haskell, Ph.D.

Johnson & Johnson Innovation
Claire-Leurent
Claire Leurent

AbbVie Ventures 
Fiona-Mack
Fiona Mack

Bayer 
Jeffrey-Moore
Jeffrey Moore

MP Healthcare Venture Management 
Stephanie-Rusinkiewicz
Stephanie Rusinkiewicz

Medtronic
Joachim-Scholpp
Joachim Scholpp

Boehringer Ingelheim
Christopher-Tan
Christopher Tan

Merck
Tad-Weems
Tad Weems

Agilent Technologies 

These seasoned judges provide live, interactive feedback, offering startups not just visibility but a chance to start lasting conversations with global early-stage investors.

Hear From Past IPC Winners
Past IPC participants have shared how the experience helped move their ventures forward:

Diana Caldwell, CEO and Co-Founder of Amplified Sciences, shared,
“Participating in the IPC was a pivotal moment for our company. The opportunity to present our technology to a room full of engaged investors and receive immediate feedback was invaluable. It not only validated our approach but also opened doors to partnerships we had not anticipated.”

John Qiao, Founder and CEO of RadioClash, said,
“RESI’s Innovator’s Pitch Challenge provided a rare chance to engage directly with investors in a dynamic setting. The interactive feedback helped sharpen our fundraising strategy, and the conference environment led to meaningful follow-up meetings.”

Michael Yu, Founder and CEO of EYWA Biotech, noted,
“The IPC experience was energizing and highly beneficial. It forced us to hone our pitch to its essentials, and the conversations we had during and after the event helped expand our investor network in ways that continue to pay off.”

Beyond the pitch session, IPC participants receive a dedicated exhibit space in the RESI Exhibition Hall, full access to one-on-one partnering, and the chance to win complimentary registration to a future RESI conference.

If you are an early-stage entrepreneur working in therapeutics, diagnostics, medical devices, or digital health, the Innovator’s Pitch Challenge at RESI Boston is your opportunity to stand out.

Apply today to pitch at RESI Boston, taking place June 16, 2025, and move your fundraising forward. Space in the Innovator’s Pitch Challenge is limited, and competition for spots is high. Now is the time to apply and secure your chance to be part of RESI Boston this June.

Seed Funding Hits Lows, Investor Pull Back, Sentiment Down — But Opportunities Remain for the Savvy

Sougato-DasAmid one of the toughest biotech markets in years, seed funding for young companies has fallen to its lowest level in a decade. According to Atlas Venture’s Bruce Booth, only about 55 biotech startups in the U.S. raised initial funding in the first quarter of 2025 — a nearly 70% drop compared to the peak in early 2021.

“It is getting tougher. When there’s no IPO market, there’s no B rounds, and then there’s no A rounds, and there’s no seed rounds. It all trickles down,” said Søren Møller, managing partner of seed investments at Novo Holdings. Søren also conveyed that due to the market confusion caused by tariffs and the shifting positions thereof, his $160B fund would slow investment until there is more certainty. With regards to IPOs, the CEO of the same fund advised that now is “probably” not a good time to IPO, unless you have to do so, due to the view on interest rates being unclear. Søren’s sentiments were echoed by both Roche and Merck & Co. on the deal-making front.

To add insult to injury, BioCentury’s biotech risk sentiment survey found “Biotech is reeling, fearful and furious about the fallout of tariffs, FDA and NIH policies.” BioCentury reported that the perfect storm, including market downturn, regulatory uncertainty, negative perception of scientific research, and the possible loss of the US as the leader in global biomedical innovation, could signal one of the worst times for the industry “in decades.”

But not everyone sees this contraction as a negative. As Booth wrote in his blog on biotech venture creation, “it’s a great time to start new biotech companies” precisely because of the scarcity. With fewer startups competing for capital, talent, and patients, the few companies that do form today could become tomorrow’s market leaders.

The “supply-demand” dynamics favor the brave: when new company creation slows, venture firms creating startups have a clearer runway. As Booth put it, “With scarce startup supply, when investor demand returns — which it will — founding and early equity holders will be rewarded.” He pointed to past examples like Alnylam (founded in 2002) and Nimbus (founded during the 2009 downturn) as proof that tough times can seed future giants.

Beyond the U.S., global funding opportunities could offer a lifeline for biotech founders. As domestic venture firms tighten their wallets, international investors — including Asian corporates, and Middle Eastern sovereign wealth groups — are increasingly active in scouting early-stage innovation. Seeking funding globally not only diversifies a startup’s investor base but also opens doors to broader partnership and commercialization strategies.

As Booth reminds early-stage entrepreneurs, “big doses of discipline are important medicine” — with startups needing to sharpen plans, tighten budgets, and be open to strategic partnerships. But for those who endure, today’s brutal market could create the “emerging stars of the 2030s.” At Life Science Nation, we’ve tracked hundreds of companies that have attended RESI, used our investor database, and attended our entrepreneurial education courses, and know one thing for sure: It is ultimately a numbers game. The more investors you meet, the higher your chances of getting funded or additional funding are. That’s why the RESI conferences feature hundreds of investors funding pre-seed to B rounds – to help life science companies in times like these fast-track their fundraise.

Sources:

  • Biotech seed rounds sink to lowest level in years as industry slump drags on by Kyle LaHucik, Endpoints News
  • Biotech Venture Creation: The Benefits of Scarcity by Bruce Booth, LifeSciVC blog
  • Biotech sees a new, hard era ahead, survey finds: BioCentury’s Risk Sentiment survey, BioCentury
  • Novo Holdings dials back investment as Trump stymies economic forecasters, Bloomberg, as reported by Fierce Biotech