Nigeria - Startup under 3 years old

Describe your project or startup in a few words

MedAI's current project MediMind is an AI medical multi-modal foundational model for seizure and DVT detection, MRI synthesis, medical signal analysis, and medical imaging. Our research-driven solutions enhance diagnosis accuracy and patient outcomes.

01.01 Describe your startup in more detail

MedAI is a pioneering AI medical startup dedicated to developing a range of advanced AI-based medical solutions. At the heart of our company lies our robust Research and Development (R&D) team, composed of specialized AI engineers, software developers, biomedical engineers, and medical specialists. Our core focus areas include but are not limited to seizure detection using EEG data, diffusion MRI models for MRI synthesis, and generative diffusion models for medical imaging. These cutting-edge projects are designed to improve diagnostic accuracy and patient outcomes, addressing critical needs in the medical field. From the design phase to deployment, MedAI prioritizes the creation of safe, privacy-conscious products. Our cross-sector collaboration ensures that every product we develop meets the highest standards of safety and data privacy. We are committed to providing healthcare through AI-driven solutions that are both effective and secure for use in the health sector.

01.02 What is the main problem you are trying to solve?

The main problem MedAI aims to solve is the inefficiency and inaccuracy in medical diagnostics and treatment planning. In Nigeria specifically, traditional diagnostic methods often fall short of providing timely and precise results, leading to delayed treatments and suboptimal patient outcomes. Additionally, the increasing volume of medical data presents a challenge for healthcare professionals to analyze and interpret effectively. We address these issues by researching and developing AI-driven solutions that enhance diagnostic accuracy, intelligent patient monitoring system, improve early detection of medical conditions, and streamline the analysis of complex medical data with our product, one of which is MediMind. Our innovations in seizure detection using EEG, MRI synthesis, and advanced medical imaging provide healthcare professionals with powerful tools to make better-informed decisions, ultimately improving patient care and outcomes.

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

1. Enhanced Diagnostic Accuracy: MedAI's AI-driven solutions significantly improve the precision of medical diagnoses. By leveraging advanced algorithms and machine learning techniques, our tools provide healthcare professionals with accurate, data-driven insights, leading to better patient outcomes and reduced diagnostic errors. 2. Early Detection and Timely Intervention: An example is our seizure detection system using EEG data enables real-time monitoring and early warning for epileptic events, allowing for timely medical intervention. This early detection helps in preventing severe complications and improving the quality of life for patients. 3. Improved Imaging and Analysis: MedAI's diffusion MRI model and generative diffusion model for medical imaging produce high-quality, detailed images that are essential for accurate diagnosis and treatment planning. Our solutions help clinicians visualize complex medical conditions more effectively, facilitating more informed decision-making.

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

MedAI's products and services are designed to serve a diverse range of stakeholders within the healthcare ecosystem. At the forefront are healthcare providers, including physicians, radiologists, and specialists, who rely on advanced diagnostic tools and imaging technologies. These professionals benefit from MedAI's solutions by gaining access to more accurate and efficient methods for diagnosing medical conditions. For instance, our seizure detection using EEG data offers real-time monitoring capabilities, crucial for neurologists managing patients with epilepsy. Patients form another crucial beneficiary group of MedAI's innovations. Individuals undergoing medical imaging procedures, such as MRIs, benefit from improved image quality and thorough analysis enabled by our technologies. Beyond healthcare providers and patients, MedAI also serves research institutions, academia, and biomedical researchers. Our technologies support scientific endeavors by providing tools for study.

01.05 When was your company established?

2023-08-15

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

3

01.08 Among the other owners, how many are female?

1

01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)

MedAI is led by a diverse team of four owners, comprising three males and one female. Engr. Adegoke Israel is an expert in Machine Learning with a background in computer engineering and artificial intelligence. He formerly served as the Tech lead at SlimAI and lead researcher at Afrimed, Uganda. His technical prowess drives the development of advanced AI algorithms and solutions at MedAI as the CEO. Akpabio Onemor is a medical practitioner and researcher. He has formerly worked as the head of the cancer research team in Nigeria for years. Engr. Ibrahim Baba, a mechatronics engineer and an expert in computer vision, and robotics, enhances MedAI's technological capabilities. His proficiency in integrating hardware and software solutions strengthens the development of cutting-edge medical imaging technologies. Miss Peace Adeola, with a background in business administration and law studies, brings entrepreneurial acumen and strategic vision to MedAI.

01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:

01.11 Which industry best describes your project?

f) Healthcare (healthcare equipment and services)

02.01.01 My startup contributes to the No poverty goal

3

02.01.02 No poverty - Justification for my startup

02.02.01 My startup contributes to the Zero hunger goal

2

02.02.02 Zero hunger - Justification for my startup

02.03.01 My startup contributes to the Good health and well-being goal

7 - Strongly Agree

02.03.02 Good health and well-being - Justification for my startup

MedAI plays a pivotal role in advancing the Good Health and Well-being goal (SDG 3) by harnessing AI to innovate healthcare solutions. Our products significantly enhance medical diagnostics, treatment planning, and patient care, aligning directly with SDG 3's targets to reduce the global burden of diseases, ensure access to quality healthcare services, and promote well-being for all. By providing healthcare professionals with precise tools for diagnosis, we directly support SDG 3.4, which aims to reduce premature mortality from non-communicable diseases through prevention, treatment, and promotion of mental health and well-being. Our technologies also empower healthcare providers to deliver personalized care based on data. This contributes to SDG 3.8 by ensuring universal health coverage, including access to essential services. We contribute to advancements in medical research and development, supporting SDG 3. b to strengthen the capacity of all countries for early warning, risk.

02.04.01 My startup contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification for my startup

MedAI contributes to the SDG goal of education (SDG 4) by fostering knowledge-sharing and capacity-building in the fields of artificial intelligence and healthcare. Through collaborations with academic institutions and research partnerships, MedAI not only advances technological innovations in medical diagnostics and imaging but also facilitates learning and skill development among healthcare professionals and students. MedAI enhances the competencies of future healthcare practitioners, ensuring they are equipped with cutting-edge tools and knowledge to address complex medical challenges effectively by integrating AI into medical education and training programs. This strategic approach supports SDG 4.4 to substantially increase the number of youth and adults who have relevant skills for employment and also promotes lifelong learning opportunities in the rapidly evolving field of AI-driven healthcare solutions.

02.05.01 My startup contributes to the Gender equality goal

4

02.05.02 Gender equality - Justification for my startup

02.06.01 My startup contributes to the Clean water and sanitation goal

3

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

4

02.07.02 Affordable and clean energy - Justification for my startup

02.08.01 My startup contributes to the Decent work and economic growth

3

02.08.02 Decent work and economic growth - Justification for my startup

02.09.01 My startup contributes to the Industry innovation and infrastructure

4

02.09.02 Industry innovation and infrastructure - Justification for my startup

02.10.01 My startup contributes to the Reduced inequalities goal

3

02.10.02 Reduced inequalities - Justification for my startup

02.11.01 My startup contributes to the Sustainable cities and communities goal

3

02.11.02 Sustainable cities and communities - Justification for my startup

02.12.01 My startup contributes to the Responsible consumption and production goal

3

02.12.02 Responsible consumption and production - Justification for my startup

02.13.01 My startup contributes to the Climate action goal

3

02.13.02 Climate action - Justification for my startup

02.14.01 My startup contributes to the Life below water goal

2

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

3

02.15.02 Life on land - Justification for my startup

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

2

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

4

02.17.02 Partnerships for the goal - Justification for my startup

06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

2

06.02 The product/service represents an entirely new type of product/service.

6

06.03 The product/service could be described as a new technology.

5

06.04 The product/service is an improvement on an existing product or service.

3

06.05 The product/service could be described as an extension of a range of products or services.

3

06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.

6

06.07 The product/service is a new version of an old product/service.

3

06.08 Justification for my startup

Our product/service represents an entirely new type of healthcare solution by integrating advanced AI technologies specifically designed for medical diagnostics and imaging, which is unprecedented in its scope and functionality. This innovative approach leverages the most advance machine learning algorithms for medical data analysis to perform task such as seizure detection using EEG data and diffusion MRI synthesis, making it a breakthrough technology in the practical traditional approach in the medical field. Additionally, our product/service addresses unmet needs by providing more accurate, efficient, and scalable diagnostic tools, significantly enhancing patient care and outcomes where existing solutions fall short.

06.09 Competitive Analysis

Our main potential competitors in the AI-driven healthcare sector include companies like Afrimed, Watson Health, Zebra Medical Vision, and Intron. While these competitors offer advanced AI solutions for medical imaging and diagnostics, MedAI stands out through our unique focus on multi-modal foundation models that integrate properly the African data types for comprehensive analysis. Unlike others, providing more accurate and timely diagnostic tools for the African community. Additionally, our commitment to privacy-conscious, sustainable practices and our strong multidisciplinary R&D team ensures that our products are not only cutting-edge but also ethically sound and environmentally friendly.

11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?