Published on 12:00 AM, May 04, 2018

CMED Health, spin off of UIU AIMS Lab, wins Seedstar Innovation Prize in Switzerland

Dr Khondaker Abdullah Al Mamun receiving the Seedstar Innovation Prize. Photo: COURTESY

CMED Health, a Dhaka-based preventive healthcare startup, has won the Innovation Prize by TAG Heuer at Seedstars Summit 2018 in Switzerland. This is the first time a startup from Bangladesh has won this prize. CMED Health Initiative is a research outcome of Advanced Intelligent Multidisciplinary Systems Lab (AIMS Lab) of United International University.

"We have been selected as the most innovative and revolutionary startup, in line with how revolutionary TAG Heuer has been on the worldwide watch-making sector. This is a glorious moment for both CMED and Bangladesh," says Dr Khondaker Abdullah Al Mamun, Founder and CEO of CMED. As the winner of the Innovation Prize, CMED will receive a $50K equity investment from Seedstars World, as well as join their growth programme.

This year in the Seedstars World Summit, 66 innovative startups from 66 countries participated in the Global Summit from April 9 to12, 2018, held in the Swiss Tech Convention Center in Lausanne, Switzerland.