How Modastera is Using AI to Fix Healthcare (ft. Joshua Owoyemi)

Colors of Web3 & Entrepreneurship

In episode 65 of Colors of Web3 & Entrepreneurship, we sit down with Joshua Owoyemi, PhD and co-founder of Modastera, to explore how AI is being used to improve medical diagnostics, reduce healthcare costs, and empower doctors.From his early beginnings in Nigeria and a PhD in Japan to building Modastera, Joshua’s story is packed with hustle, vision, and purpose. He shares lessons from his edtech startup, the realities of healthtech adoption, and how Modastera is helping medical device companies develop AI tools 60% faster and at a fraction of the cost.Whether you're curious about AI in medicine, entrepreneurship across borders, or the future of healthcare innovation, this episode will keep you inspired and informed.⌛ Timestamps:00:00:00 Episode trailer00:00:24 Introduction and self-introduction of Joshua 00:01:05 Joshua’s background and how he got into health tech00:05:43 His gig as a studio engineer00:07:01 his journey to Japan for higher education00:10:43 Joshua's Edtech platform business00:14:05 Joshua's early entrepreneurial lessons in Japan00:19:31 Joshua's stint as a saxophonist00:20:53 His PhD in System Information Science00:23:03 His first job in Japan working in autonomous driving00:27:03 How Joshua got into the healthcare industry00:30:32 The inefficiencies that the healthcare industry in Japan face00:34:07 His time at Antler Japan as an entrepreneur00:36:31 The unique characteristic of Antler00:38:12 His existing idea when joining Antler Japan00:43:22 An important question that every entrepreneur needs to answer00:45:45 How long did it take Joshua to find the co-founder?00:53:25 Details leading to Antler's graduation day00:55:16 Building trust and navigating Japanese corporate culture00:55:54 Joshua shares Modastera’s vision and medical AI solution01:00:41 Pain points around annotation and data handling01:01:47 The long-term vision for automated model training01:05:13 Modastera product demo01:07:40 The market size that Modastera is aiming at01:09:33 Global competition of Modastera01:11:44 The 5x improvement that Modastera aims to bring to medical device companies01:15:22 Modastera business model01:16:18 Modastera's upcoming roadmap01:18:01 The importance of data in AI model training01:19:27 Challenges in deploying AI models in production01:21:15 Advice for aspiring entrepreneurs01:22:54 Where to follow Joshua and updates from Modastera01:23:36 Closing thoughts and episode outroFollow Joshua and Modastera:Joshua's LinkedIn: https://www.linkedin.com/in/joshua-owoyemi/Modastera website: https://modastera.com/My social media: Twitter/X: ⁠https://www.twitter.com/LamWeb3⁠ LinkedIn: ⁠https://www.linkedin.com/in/lamweb3/⁠Website: ⁠https://lamtrinh.xyz⁠My old article about the 2-3 prevailing narratives of 2024-2025: https://substack.com/home/post/p-143541984 If you enjoy this episode, please subscribe to stay updated on our upcoming episodes with industry experts and innovators in the Web3 and Entrepreneurship spaces. Thank you for listening!