UK-based startup Ultromics secures £10 million investment for its AI heart diagnostics

UK-based startup Ultromics, which uses artificial intelligence to diagnose coronary heart disease, has raised £10 million in a Series A round. The investment was led by Oxford Sciences Innovation (OSI), with participation from Neptune, RT Ventures, GT Healthcare, Tanarra, Fushia, and angel investors Andre Crawford-Brunt and Dieter Spälti. Heart disease affects almost 50% of people […]

Portuguese digital physio solution Sword Health raises $4.6 million

Sword Health, a Portuguese medtech company, has raised $4.6 million in a seed round from Green Innovations and Vesalius Biocapital III. The Porto-based startup has developed an AI-enabled physiotherapy solution called Sword Phoenix for physical rehabilitation that harnesses data collected by sensors, which is monitored by remote physiotherapists. “Demand for physical rehabilitation therapy is rising […]

Digital health startup Nutrino raises $8 million in Series A funding

Israeli digital health company Nutrino has raised $8 million in a Series A round from Pereg Ventures, Nielsen Ventures, Gandyr Group, and a number of business angels. Nutrino develops data analytics tools for nutrition, mostly targeted at people with diabetes and uses AI and machine learning to better understand dietary impacts. It terms this data […]

Germany’s Careship raises €6 million for its elderly care services marketplace

Careship has raised €6 million in a funding round led by Creandum with participation from new and existing investors Ananda Ventures, Spark Capital, Atlantic Labs, and Axel Springer’s accelerator programme Plug and Play. The Berlin-based startup, founded by siblings Antonia and Nikolaus Albert, provides an online marketplace for elderly care services that’s powered by a […]

Irish medtech startup Diaceutics raises €4.3 million in mezzanine funding

Diaceutics, an Irish medtech startup, has raised €4.3 million in mezzanine financing from WhiteRock Capital Partners and Capital Partners. Through this mezzanine funding round the investors have provided capital in the form of debt with the option to convert to equity. The Dundalk-based company develops data-driven diagnostics tools for the pharmaceutical and medical sectors, mostly […]

Medtech startup UgenTec raises €7.5 million for its DNA analysis software

Belgian medtech startup UgenTec has raised €7.5 million from investment firm LRM, IMEC, KU Leuven Gemma Frisius Fund, KU Leuven, and biotech investors Annie Vereecken and Herman Verrelst. The startup develops software using AI, called FastFinder, for analysing polymerase chain reaction, a common method of analysing DNA for infectious diseases and in oncology. According to […]

Eight Roads Ventures launches new $375 million fund to back European companies

VC firm Eight Roads Ventures Europe, the investment division of fund managers Fidelity International, has launched its new $375 million fund to invest in European and Israeli scaleups. Dubbed ERVE III, it is Eight Roads’ third Europe-focused venture fund and will address the increasing demands for funding for growth stage companies, the London-based firm said. […]