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This Week in European Tech: Sinch raises $1 1B for M&A push, About You and Made com prep IPOs, Contentsquare nabs $500 million
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Today in European Tech: EU to launch antitrust probe into Facebook, Contentsquare lands $500 million, and more
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BRIEF-Russian online cinema IVI raises $250 mln from investors Reuters 5 days ago
MOSCOW, May 25 (Reuters) - Russian online cinema IVI says: IVI closed a new funding round of $250 million from both external investors and current shareholders; The group of new investors was led by Russian bank VTB and includes Invest AG and Millhouse; Flashpoint Venture Capital, Baring Vostok and Russian sovereign wealth fund RDIF with its partners were among the current shareholders who participated in the raise; As a result of the funding round, VTB will become one of IVI’s largest shareholders, alongside Baring Vostok, RTP Global and Flashpoint, and will be represented on IVI s Board of Directors;
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Polish telemedicine company Telemedico has closed a Series A funding round of €5.5 million to expand the functionalities of its SaaS platform. The platform offers services including chat, video and telephone consultations with a doctor, AI-powered triaging, medical data storage and an online booking system for in-person appointments and blood tests.
The funding was led by Flashpoint Venture Capital and Uniqa Ventures, with further investment from PKO VC, existing investor Black Pearls VC and Adamed.
WHAT IT DOES
The company offers a comprehensive, customisable telehealth service, offering modular solutions for B2B users such as medical entities, insurers, healthcare systems and pharmaceutical companies.
Telemedico gets $6.6M to grow the reach of its digital health SaaS
Poland-based Telemedico has closed a €5.5 million (~$6.6 million) Series A round of funding. The round is led by Flashpoint Venture Capital, Uniqa Ventures, PKO VC, Black Pearls VC (an existing investor) and Adamed.
Telehealth services specifically, and digital health more broadly, have racked up plenty of growth during the pandemic as demand for remote consultations (and other types of support) has accelerated sectoral uplift.
Telemedico, which was founded back in 2014 but only launched its current B2B model (which is primarily targeted at insurance firms) in 2017 says 2020 was a record year for its business.
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