EMEA news
The reimbursement channel for digital health apps in Europe has traditionally been long and complex.
But new analysis from Research2Guidance (R2G) predicts reimbursement opportunities will improve significantly over the next few years.
An R2G report has categorised European countries into groups of leaders, fast followers, certifiers and laggards, based on their public health insurance system’s...
A Tel Aviv-based healthtech company has been brought in as a strategic partner by Dubai’s Seed Group, it has been announced.
As a result of this new partnership, Healthy.io – known for its capabilities to transform a smartphone into a medical device – will expand its operations in the GCC and wider region by setting up a base in Dubai in the first instance. The company, founded in 2013, currently...
Fertility startup ExSeed Health closes £2.5M seed round
Male fertility startup ExSeed Health has announced the closure of a £2.5 million seed extension round, led by Ascension with participation from Trifork, Hambro Perks, and R42 Group.
The investment will drive further European expansion for the firm, which has teams in London and Copenhagen.
ExSeed’s smartphone-based sperm testing kit does...
Baheya Foundation – an Egyptian non-profit that provides breast cancer treatment free of charge – has partnered with GE Healthcare to explore the use of artificial intelligence (AI) to improve outcomes in patients.
According to GE Healthcare, it is working with the foundation and its hospital to “develop and validate the use of AI to assess and predict the response of neoadjuvant therapy” in...
Qure.ai scores £3.2M for AI-aided cancer detection
Artificial intelligence (AI) provider Qure.ai has secured £3.2 million from SBRI Healthcare, in partnership with the NHS cancer programme and NHS Accelerated Access Collaborative.
The funding will be used to demonstrate real-world evidence of AI-aided lung cancer diagnosis, using the firm’s qXR chest X-ray interpretation technology.
Prof David...
A $30 million (€26 million) extension has helped Ada Health to close its latest series B round at $120 million (€105 million).
Among the new investors from Europe and the US are Farallon Capital, Red River West, Bertelsman Investments and Schroders Capital, the latter with an acquisition of vehicles. With the funding provided, Ada Health plans to expand into the US healthcare market.
“Today’s...
A Nigeria-based company has just secured one of the largest funding rounds for an African healthtech venture to date.
Reliance Health, a digital health insurance provider that uses technology and data science to transform all aspects of the health insurance experience – from purchasing premiums to accessing care, for example – has closed a total of $40 million (€35 million) in Series B funding....
UK-based men’s health platform Numan has raised $20 million (£14.7M) in growth debt from Kreos Capital.
The financing completes a $60.1 million (£44.3M) Series B round, led by White Star Capital, with participation from Novator, VNV Global, and Anthemis Exponential.
WHAT IT DOES
Numan offers a digital subscription service for men’s health issues, including hair loss, gut and lung health, sexual...
French startup SafeHeal has closed a €40M financing round led by Sofinnova Partners, a European venture capital firm and Singapore-based medical device company, Genesis MedTech. The colovac device aims to ease digestive surgeries.
WHY IT MATTERS
With the funding secured, SafeHeal is to continue and accelerate a running clinical trial named SAFE-2 in the US and Europe which has already been...
Nostos Genomics raises €5M to speed up genetic disease diagnosis
Artificial intelligence (AI)-driven genetic analysis startup Nostos Genomics has closed a €5 million seed round with 42CAP, Frontline Ventures, Amino Collective and Entrepreneur First.
The firm’s disease identification platform, AION, can identify gene variants responsible for more than 10,000 diseases, cutting diagnosis time from...
