Health Capital Helsinki
  • Home
  • Why Helsinki Metropolitan
  • About
  • News
  • Events
  • Opportunities
  • Careers
  • Contact
  • Search
  • Menu Menu
Jussi Hellsten City of Helsinki
Oct 27, 2020

Presenting Health Incubator Helsinki batch 1 companies:

MedicubeX brings healthcare to you – via automation

In today’s medical practice, it takes a medical professional to examine a patient and take his/her vitals at the point of care. But how about… tomorrow? Helsinki-based startup MedicubeX wants to be the leading provider of eHealth stations in Europe in five years.

As it stands, technology has yet to meet challenges, since personal monitoring devices and wearables are designed for fitness and wellness – not for predicting or treating diseases, says Co-founder, CEO Vili Kostamo from startup MedicubeX.

“We want to give patients, and people in general, a more active role in their own health,” says Kostamo.

MedicubeX Ltd is hard at work developing an autonomous eHealth station that can measure vital signs and personal cardiovascular disease risk factors – in just five minutes. The station is built inside a Framery acoustic booth for the best possible soundproofing and privacy. The interior is equipped with next-gen light-based disinfection keeping the user safe from microbes.

“Autonomous, non-invasive measurements prior to general practitioner or specialist appointments can free up valuable time or enable remote appointments. In communities, the MedicubeX eHealth concept provides a highly scalable solution for preventive healthcare – everyone can check their health status and react in time without assistance,” explains Kostamo.

Pandemic or not, remote work, remote appointments and automation are the future.

MedicubeX autonomous eHealth station can measure vital signs and personal cardiovascular disease risk factors in just five minutes. The station is built inside an acoustic booth, equipped with light-based disinfection.

Harness the trend

The story behind MedicubeX started when co-founders Heikki Rautajoki and Vili Kostamo first came together in a joint Academy of Finland – University of Helsinki – HUS–VTT research project for non-invasive diabetes screening in 2016. Later in 2018 – inspired by the prospects of noninvasive testing – discussions on emerging retail clinics started which would later lead to the founding of MedicubeX. The founders probed the field of autonomous, non-invasive health kiosks and potential tech contributors in Europe, seeing the beginnings of a rising trend.

Vili Kostamo became the CEO of the startup that was finally founded in March 2020, after three years of preparation. Just about to graduate as an MD from the University of Helsinki, Kostamo has already done clinical work in multiple different environments.

“I feel this has given me a fresh outlook on different operational strategies and conditions currently at play in Finland,” he says.

A brush with industrial engineering and healthcare consulting in the past left Kostamo with the feeling that the greatest population-level effects are not achieved one-on-one with patients, but on the system level.

“This, and a lifelong interest in technology come together with medicine in MedicubeX.”

Eye of the storm

Being that the company was launched in the midst of the historical Covid-19 pandemic, MedicubeX has certainly entered interesting waters. According to Kostamo, the current situation has forced advancements in global preventive care thinking, telemedicine and healthcare automation as a side effect.

“We at MedicubeX want to offer the best possible tools for healthcare services and individuals for increased autonomy, quality of care and cost effectiveness. Pandemic or not, remote work, remote appointments and automation are the future.”

Kostamo is convinced that the European self-service kiosk market is only taking its first steps in healthcare. “There is a lot to be done. We aim to be the leading manufacturer of eHealth stations in Europe by 2025.”

Greatest population-level effects are achieved on the system level.

Vili Kostamo, Co-Founder and CEO, MedicubeX

No-nonsense agenda

A participant of Health Incubator Helsinki, the MedicubeX crew has high expectations for the program.

“Already so far, the Incubator has connected the participating companies to many relevant partners. The Incubator is partly still developing, so nothing is done just because it is routine to do so.”

In Kostamo’s opinion, the Incubator activities take into account the real-time, real-world requirements of companies very well indeed.

“Workshops and lectures are built based on member startup interviews and questionnaires, which means that they are always relevant.”

Get connected!

Analyzing Finland’s strengths as a “startup nation,” Kostamo says that the country offers a vibrant and transparent startup ecosystem with incubators, business angels and strong innovation support by the government (Business Finland). For instance, FiBAN (Finnish Business Angel Network) is one of the largest and most active business angel networks in Europe.

“If you need to make contact with established industry and public players, the barriers are low here.”

Startup Fast Facts

Name: MedicubeX Ltd

Product: MedicubeX is developing an autonomous eHealth station for measuring vital signs and calculating a personal cardiovascular disease risk index in 5 minutes.

Founded: 2020 after 3 years of market and concept evaluation

Team size: 5

Target customer/market: Healthcare providers, both public and private. Fast-growing community self-testing market, such as workplaces, pharmacies, shopping malls and other public places.

More information:
Contact MedicubeX
Health Incubator Helsinki – a unique long-term incubator program for research-based early stage teams and start-ups operating in the health sector in Finland and abroad

Previously published stories on Health Incubator Helsinki batch 1 companies:
Medified created a new solution for mental health treatment
Maculaser combats blindness
EpiHeart fights off heart failure with new therapy

Text: Sami J. Anteroinen
Photos: MedicubeX

Cover photo: Jussi Hellsten / City of Helsinki

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn

Other case stories

from Greater Helsinki

EsaDres team: Dr Marta Putrinš, Prof Karin Kogermann and Kairi Lorenz

EsaDres redefines wound care with tailored solutions

https://ecshuqpetk9.exactdn.com/wp-content/uploads/2024/10/EsaDres-team-2024.jpg?strip=all&lossy=1&quality=55&ssl=1 1016 2200 Saana Lehtinen https://ecshuqpetk9.exactdn.com/wp-content/uploads/2020/02/hch_logo_horizontal_black-300x165-1.png Saana Lehtinen2024-12-10 08:03:222024-12-12 14:13:44EsaDres redefines wound care with tailored solutions
Natal Mind team

Natal Mind is on a mission to revolutionise parental mental care

https://ecshuqpetk9.exactdn.com/wp-content/uploads/2024/12/natal_mind_team.jpg?strip=all&lossy=1&quality=55&ssl=1 1089 1812 Saana Lehtinen https://ecshuqpetk9.exactdn.com/wp-content/uploads/2020/02/hch_logo_horizontal_black-300x165-1.png Saana Lehtinen2024-12-08 19:40:232024-12-08 20:01:51Natal Mind is on a mission to revolutionise parental mental care

Ankerias is revolutionising chronic pain treatment with AI

Nov 4, 2024
https://ecshuqpetk9.exactdn.com/wp-content/uploads/2024/11/Ankerias_Tiimi-980x735-2.jpg?strip=all&lossy=1&quality=55&ssl=1 735 980 Saana Lehtinen https://ecshuqpetk9.exactdn.com/wp-content/uploads/2020/02/hch_logo_horizontal_black-300x165-1.png Saana Lehtinen2024-11-04 10:39:162024-11-08 11:25:48Ankerias is revolutionising chronic pain treatment with AI
All news

Health Capital Helsinki

Business Helsinki
Kansakoulukatu 3
00100 Helsinki
FINLAND

Privacy notice

Newsletter

Subscribe

Follow us

  • x
  • linkedin
Health Capital Helsinki
Scroll to top

We use cookies to give you the best experience on our website.

Find out more and set your preferences .

Powered by  GDPR Cookie Compliance
How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential website cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are necessary to deliver the website as intended, refusing them will have impact how our site functions. You can always block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will prompt you to accept or refuse cookies every time you revisit our site.

We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

Third party cookies

This website uses Twitter's and LinkedIn's cookies to help us improve our content and reach.

Please enable essential website cookies first so that we can save your preferences!

Privacy notice

You can read about how we use your data on our Privacy notice page.

Privacy notice