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RACCOON.WORLD RAISES FUNDING FOR PHYSIOTHERAPY TELEMEDICINE EU-based digital physiotherapy startup, Raccoon.World has raised €660K in funding from Fast Track to Innovation (FTI). The money will be spent on further R&D, scientific research and certification of the renewed product, as well as potential partners. The startups platform, Raccoon.Recovery allows physiotherapy professionals to build a treatment course digitally with patients who have musculoskeletal disorders or are recovering from a stroke. The platform focuses on examination of patient condition to building a gamified exercise course and patient progress monitoring. The funding will also go to further product development, including scaling to full-body product from hand-and-arm solution, clinical trials of new solution functionality that will expand the automation of therapists’ everyday routine, IP protection and an MDR certification of the renewed product as a medical device. The grant programme w ....
Octopus Ventures to launch £100m fund to capitalise on the ‘digital healthcare revolution’ One of Europe’s largest VC firms is planning to launch a new £100m global fund in a bid to take advantage of the advancing healthtech market. Octopus Ventures will look to transform public healthcare systems across the continent and emerging markets by ramping up its investment activity. The announcement signals the investor’s intention to build on its existing expertise in the rapidly evolving healthtech space, enabling it to build its presence in the sector. Joe Stringer, Dr Pooja Sikka and Shamik Parekh have joined the company from TenX Health to bring in a wealth of digital healthcare experience. ....