June 10, 2021
Naluri, a Malaysian digital health service provider, has closed a Series A funding round where it raised $5 million from cornerstone investor Integra Partners of Singapore and previous investors Duopharma Biotech Berhad, Pathology Asia (via Biomark) and M Venture Partners.
New investors also joined the financing event, including Hong Kong-based Sumitomo Corporation Equity Asia, Palm Drive Capital...
June 9, 2021
Online fitness coaching platform Lenus today announced it has secured €50 million ($60.9 million) in Series A investment.
The round led by EQT Ventures is the largest Series A funding secured in Denmark to date.
WHAT IT DOES
Founded in October 2016, Lenus enables health and fitness coaches build online businesses and achieve scale by reducing time spent on non-value-adding activities and...
March 29, 2021
Copenhagen-based indoor cycling platform, Motosumo has announced the completion of a €5 million ($6m) Series A funding round led by London-based SME growth investor, Magenta Partners and existing investors.
Investors in Motosumo from previous rounds include the Danish venture capital fund Promentum Equity Partners, and PreSeed Ventures.
WHY IT MATTERS
Motosumo’s tech allows users to join the...
March 16, 2021
London-based brain tech startup for digital therapy services, HelloSelf has raised a £5.5 million Series A funding round from VC firm OMERS Ventures. Harry Briggs, OMERS Ventures Managing Partner will join the board.
WHY IT MATTERS
In the UK, around 15 million people experience mental health issues each year. The Centre for Mental Health estimates up to 10 million people will need either new or...
January 11, 2021
Record levels of capital were allocated and deployed to support innovative companies in the healthcare industry in 2020, according to a report by Silicon Valley Bank (SVB).
The Healthcare Investments and Exits Annual Report provides an overview of trends and data covering venture fundraising and deal flow in the life sciences sector globally.
It found that investment in Europe sky-rocketed in...
December 3, 2020
German digital therapeutic startup, Perfood, has received €5 million in a Series A funding round to launch its first prescription therapeutic sinCephalea for the treatment of migraines and to prepare for the expansion of the technology into other countries.
This includes the conduction of clinical studies to advance its digital therapeutics products.
Boehringer Ingelheim Venture Fund led the...
October 5, 2020
Founded in 2015, Malaysia-based corporate healthcare benefits and wellness management platform HealthMetrics last week announced it has raised a total of $5 million (approximately RM 20 million) as part of its Series A funding. The round was led by ACA Investments, an investment firm from Japan and headquartered in Singapore.
With this new injection of funds, HealthMetrics will be expanding its...
September 3, 2020
UK-based data capture software company, uMotif, has raised £5 million in a Series A investment round led by existing investor AlbionVC.
The funding will accelerate uMotif’s growth and enable further development of its patient-centric and decentralised approach to clinical studies and enable expansion into new study types and more high-demand territories.
WHY IT MATTERS
Life sciences companies...
July 30, 2020
Siilo, the secure collaboration app for healthcare workers, has announced a raise of €9.5 milliion in Series A funding.
European digital health VC Heal Capital is at the forefront of the investment, backed by Germany’s private health insurers. Also participating in the round are Philips Health Technology Venture Fund and current investor EQT Ventures.
WHAT IT DOES
Founded in 2016 by former...
July 16, 2020
Turkish-German mental health app Meditopia has today announced a Series A investment of $15 million.
The round was co-led by European venture capital firm Creandum, an early backer of Spotify, iZettle, and Klarna, alongside Highland Europe, the European growth investor behind matchesfashion.com, Zwift and Wolt.
Carl Fritjofsson of Creandum and Fergal Mullen of Highland Europe will join...