funding
The funding will aim to facilitate the company’s technology to treat conditions such as diabetes, insomnia, anxiety and obesity.
The test is expected to be available within eight weeks.
As 14 European health innovation projects receive more than €6 million in funding from EIT Health, CEO Jan-Philipp Beck says the COVID-19 pandemic will accelerate the speed of change enabled by digital healthcare and telemedicine – and not before time.
New fund targets projects that exploit satellite and drone technology to address healthcare and wellbeing support challenges exposed by the pandemic.
Digital Health
Funds will be used to expand further and strengthen the startup’s medical network.
The round was led by Optum Ventures, with support from Luminous Ventures and previous investors.
The funding brings the total amount raised by mediQuo to date to €4 million.
Report predicts growth will be driven by provider operations and alternative care companies.
The German startup has already been involved in projects trialling the delivery of medical supplies to remote areas.
The amount secured was not disclosed by the company.