Regions
Funding will help take its DTx solutions through regulatory approvals and to market in the UK and US.
Global healthtech has received $51.3 billion in investment this year, marking new highs for venture capitalist interest in the sector and identifying London as the fastest growing healthtech hub globally.
Digital care applications are among the most wanted innovations in the Germany.
Most UAE femtech startups focus on women’s wellness and menstrual health. But other subsectors, such as female-focused mental health, are seriously lagging behind. What’s more, the MENA region accounts for less than 6% of the global femtech industry.
Digital infrastructure company Lifen has raised $58M (€51M) in funding, which will go towards working with 1,500 hospitals and 200 eHealth solutions by 2025.
An R&D cloud platform which supports scientists to share and access progress with the development of biopharmaceutical therapeutics has raised $35 million in investment capital.
Led by Nour Nouf Ventures, the round will be dedicated to scaling, plus research and development efforts, the startup announced.
Also, Enovacom launches solution to centralise patient data in a single app.
The European Institute for Innovation and Technology (EIT) Health has announced the acquisition of one of its supported startups PhagoMed GmbH, by BioNTech SE, in a bid to find new and alternative solutions to antibiotics that are losing effectiveness.
The scheme is being run in partnership with government technology firm PUBLIC.