Startup · $6.3m raised
AI agents that reduce administrative burden on healthcare workers by generating clinical notes and coding
Melbourne, VIC
Every investor coverage indicates participated in a round NexusMD raised.
| Investor | Rounds | Invested |
|---|---|---|
| Square Peg Capital | Seed | - |
Companies NexusMD 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 |
|---|---|---|
| Kevin Sun | Founder | SmartCompany, Startup Daily |
| Mike Zhu | CEO · Founder | SmartCompany, Startup Daily, Square Peg Capital |
| Neo Nie | Founder | SmartCompany, Startup Daily |
Stories naming NexusMD. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Square Peg's half-year investor letter reviews its accelerating AI investing, portfolio companies' progress including several completed raises, listed fund returns, a new data hire, and ongoing fundraising for its 2025 vintage funds.
In its half-year letter, Square Peg explains how it picks AI founders, reports several portfolio companies' recent raises, flags a data engineering hire, and says fundraising for its next funds is well advanced.
Also Tech Funding News - Australia·Forbes Australia·SmartCompany·SmartCompany·Startup Daily·Startup Daily
Square Peg has backed NexusMD, a Melbourne startup using AI agents to cut hospital admin work, in a $6.3 million seed round; cofounder Mike Zhu earlier sold Baikemy Net to ByteDance.
Square Peg announces backing NexusMD, whose AI agents automate clinical documentation for emergency doctors. Founder Mike Zhu earlier started Baikemy, which Bytedance acquired.