Fitness app Sweatcoin raises $5.7 million to reward people for exercise

Sweatcoin, a fitness app that rewards users in monetary value, has raised $5.7 million in a seed round led by Goodwater Capital with participation from Greylock Partners, Rubylight, Seedcamp, and SmartHub. Angel investors Justin Kan, founder of Twitch and Justin.tv, and Rain Lohmus, founder of LHV Bank, also contributed to the investment. The Sweatcoin app, […]

Biotech startup Nuritas raises €16 million in Series A funding

Nuritas, an Irish biotech startup, has raised €16 million in a Series A round led by US firm Cultivian Sandbox Ventures. Nuritas has built a medical platform that uses artificial intelligence to analyse peptides in food, which it claims is 500 times faster than current technology. “Our artificial intelligence platform has already disrupted this antiquated […]

German medtech startup heartbeat medical raises €3 million

Cologne-based heartbeat medical has raised €3 million from HV Holtzbrinck Ventures and High-Tech Gründerfonds. The company develops heartbeat ONE, a patient-reported outcomes (PROs) software that tracks and follows up with patients and helps doctors compare data sets on patient outcomes. The software is currently being used with 50,000 patients in Charité university hospital in Berlin […]

UK medtech startup Medherant raises £3.8 million in new funding

Medherant, a medical technology company spun out from the University of Warwick in the UK, has raised £3.8 million in new capital. Mercia Technologies led the round by investing £2.5 million, bringing its stake in the company to 32.4%. Medherant, based in Coventry, is developing the TEPI Patch, a transdermal drug delivery patch for administering […]

Swedish digital health platform Doctrin raises €10 million Series A round

Stockholm-based health tech startup Doctrin has raised €10 million in a Series A round led by Swedish healthcare provider Capio and HealthCap with participation from Inbox Capital and Norrsken Foundation. The Swedish company develops a platform for healthcare providers to manage and follow up with patients by triaging and monitoring patients’ digital medical history. The […]

Finland’s Grundium raises €2 million from Chinese firm Ascend Capital Partners

Finnish company Grundium, which is making portable microscope scanners for healthcare and other industries, has raised €2 million from Chinese investors Ascend Capital Partners. The investment was announced at Slush in Helsinki and marks Ascend Capital Partners’ second investment in a Finnish startup today, following its announcement backing Fimmic this morning. Grundium develops a mobile […]

Medtech company Fimmic raises €5 million for its diagnostics platform

Finnish medtech startup Fimmic has raised €5 million for its AI tissue diagnostics platform. The round was led by Ascend Capital Partners with participation from ACME Investments and STO-Rahoitus. Fimmic develops the WebMicroscope platform for AI-based image analysis of tissue diagnostics, which boosts the speed and accuracy of diagnoses. The company was spin-out of the […]