Belgian health tech startup Cascador Health has raised €3.4 million to further boost its data platform and European expansion. The round saw the participation of Qbic, Volta Ventures and Theodorus and Swiss healthcare provider Hirslanden.
The fresh capital will also enable the platform to scale its activities in Belgium and Switzerland. The funding comes on the back of its acquisition of Swiss company CORTS from Hirslanden to secure access to medical data by third parties.
Bridging the gap between data sources and users of healthcare data, the startup supports healthcare providers in retrieving patient data across their many IT systems and interfaces and provides life sciences with curated, validated and anonymised Real World Data (RWD), in full compliance with GDPR and privacy legislation. By enabling both parties to gain insights, it contributes to better healthcare in general and better health for the individual patient.
Philip Taillieu, CEO, Cascador Health said: “In the U.S., solutions for data consultation have been around for some time. The difficulty in Europe is that each country has different technical, legal and economic dynamics, which we all need to integrate. It is very complex but now we have the right technology, financial resources and the business model to support hospitals in this.”