Investment Notes: NexusMD A$6.3 million
Square Peg announces backing NexusMD, whose AI agents automate clinical documentation for emergency doctors. Founder Mike Zhu earlier started Baikemy, which Bytedance acquired.
Company · Healthcare
Healthcare startup acquired by Bytedance
Every investor coverage indicates participated in a round Baikemy raised.
The transaction that ended Baikemy's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Bytedance | Acquisition | undated | - | Square Peg Capital (24 Jun 2025), Square Peg Capital (24 Jun 2025) |
Companies Baikemy acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Mike Zhu | Founder | Square Peg Capital (24 Jun 2025), Square Peg Capital (24 Jun 2025) |
Stories naming Baikemy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Square Peg announces backing NexusMD, whose AI agents automate clinical documentation for emergency doctors. Founder Mike Zhu earlier started Baikemy, which Bytedance acquired.