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Latest news, analysis, and opinions related to digital health ecosystem in Europe.

    SHOP APOTHEKE EUROPE, GALENICA establish the leading online pharmacy in Switzerland
    With this joint venture, customers of shop-apotheke.ch and Mediservice as well as new customers will benefit from the combined online pharmacy's extensive offerings, which will include health and beauty products as well as prescription medications and healthcare services. The joint venture will operate under the name Mediservice AG with its registered office in Zuchwil (Switzerland, Canton Solothurn).
    Owkin launches a €33M AI-powered precision medicine project for cancer diagnosis and treatment
    The five-year collaboration, backed by the French Government and called PortrAIt, will see the best research hospitals in France working alongside tech firms to develop a minimum of 15 AI-driven tools to enhance cancer diagnosis. They will then be tested and deployed in cancer centers and pathology labs across France.
    Solve.Care’s Care.Chain is a decentralized Layer-2 blockchain infrastructure for healthcare
    Care.Chain provides a globally connected, open network architecture where all participants in the healthcare ecosystem can interact on a peer-to-peer basis in a transparent, trusted, and secure manner. The chain integrates seamlessly with the broader Solve.Care ecosystem and adds to the full-stack digital healthcare platform that simplifies the healthcare experience for all stakeholders which include individuals and families, doctors and care providers, employers, insurance providers, government agencies, and more.
    Sofinnova Partners launches Digital Medicine Strategy
    Sofinnova Digital Medicine will back entrepreneurs innovating at the cutting edge of technology and biology and help them scale and become global leaders. Like all the funds on Sofinnova's platform of strategies, Sofinnova Digital Medicine will focus on developing the most promising innovations that address systemic challenges in healthcare and can profoundly improve the lives of patients worldwide.
    UK-based social fitness app GoJoe raises £1.2M
    GoJoe is a hybrid consumer and B2B app that enables workplaces and brands to connect and engage their people. It combines wearables, content, and team-based challenges and experiences to socialize everyday solo exercise for the masses of "ordinary joes" and help people stick to their fitness and well-being journeys. The company collaborated with Stanford University on psychology, data, and gamification to build the app, which is used by brands including PwC, PayPal, Experian, and Amazon.
    MVision AI raises €5.4M for AI-powered Cancer treatment planning platform
    The Finnish medical imaging company aims to speed up the cancer treatment planning process while still delivering high-quality care. Its approach calls for AI-powered automatic segmentation tooling, which lets it streamline the all-important radiotherapy treatment planning workflow. Compared to manual treatment planning, which often requires two to three weeks of anxious waiting before radiotherapy treatment planning starts, MVision's automation enables same-day treatment.
    Preventive health-tech start-up AERA Health raises €4 million
    AERA Health's hybrid model brings data-driven P4 medicine to consumers via existing healthcare infrastructure. P4 medicine focuses on future-oriented health plans, using data to foresee patient issues (predictive), acting to prevent rather than cure diseases (preventive), making tailored diagnoses and therapies (personalized), and including patients in decisions (participatory).
    Recruitment marketplace for Europe’s healthcare workforce Medwing raises $47M
    Founded out of Berlin in 2017, Medwing targets the healthcare industry in Germany and the U.K. with a platform designed to match hospitals and clinics with nurses and elderly caregivers, though it also caters to pharmacists, midwives, doctors and similar professionals. The platform is currently available in Germany and the U.K., where it claims some 5,500 registered medical employers and 500,000 healthcare professionals, who can access an entirely digital workflow spanning job search, contracts, signatures and timesheets.
    European healthtech startups raised €4.86 billion in 2022
    The level of European investment has therefore continued to grow in 2022, albeit in a more measured way than between 2020 and 2021. 301 deals were closed, representing a 22% YoY increase in total financing. There are now 1000+ companies active in digital health across Europe today. In contrast, the level of investment in the US in digital health has dropped significantly, while Europe has been more stable in 2022.
    Digital therapy and coaching platform HelloSelf raises $20M
    The London-based healthtech startup will use the funds (Series B) to further expand its network of therapists, partners, and members across the UK and Continental Europe. Octopus Ventures led the round with the participation of existing investors Omers, Mantaray, and Oxford Capital.
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