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ETHIAS VENTURES PORTFOLIO UPDATE : moveUP - digital therapies   👨⚕️📱 moveUP offers a digital health platform that offers personalized guidance and support. By incorporating remote monitoring and tailored interventions, moveUP helps individuals manage musculoskeletal issues and chronic conditions more effectively, thereby reducing complications and readmissions. This cost-saving solution revolutionizes rehabilitation practices and enhances patient outcomes. 🚶♂️ moveUP, founded in 2015, began with a focus on rehabilitating hip and knee arthroplasty patients but has expanded to support individuals with diverse musculoskeletal (MSK) and chronic conditions. It also facilitates healthcare professionals (HCPs) in making data-driven decisions and gaining insights. With a presence in numerous countries across Europe, the US, and Australia, moveUP has emerged as a comprehensive solution for improving patient care and empowering healthcare providers.   📈 Ethias Ventures invested in 2023 in moveUP to accelerate the expansion of its innovative health platform for its domestic and international markets.   🚀 Moving forward, moveUP plans to extend its solution to support patients on a broader scale worldwide. Having successfully served over 10.000 satisfied patients, moveUP is motivated to continue its mission of providing practical and impactful care solutions globally.   👉 Want to know more about moveUP - digital therapies? Follow moveUP on Linkedin: https://lnkd.in/ebbRMjuE   👉 Are you a startup in #healthcare raising fund soon? Contact Ethias Ventures at ventures@ethias.be Charles-Eric Winandy Ward Servaes Bob Moens Ciaran G McCourt #ethiasventures #cvc #moveup #digitalmedtech #healthinnovation

We’ve officially exited the pandemic-era digital health funding cycle. It was fun while it lasted. The latest funding trends show a steep downturn from the pandemic-era peak in 2021, with only about $11 billion raised across 500 deals last year (check out Rock Health's latest report). Despite this, it's fascinating to see that less than 5% of digital health startups that raised >$2M have ceased operations (and this rate hasn't changed much). At the same time, around 80% of currently-active digital health startups that raised money in 2021 or earlier have yet to raise another labeled round as of 12/31/2023. How are they managing to stay afloat? To be continued... Interested in learning more about these shifts and what they mean for the future of digital health funding? Dive into the details in my upcoming Healthcare Huddle article this Sunday. 👉 Subscribe here: https://lnkd.in/dp7VGBHp #healthcare #digitalhealth #AI #obesity #GLP1 #funding #venturecapital

Following our recent Seed+ funding round closure, our CEO Tatiana Fofanova, Ph.D. Fofanova had an insightful dialogue with Jim Parker from Hospice News, shedding light on what lies ahead for us. 🌟 Reflecting on our next steps, Dr. Fofanova shared, "We actually have a contract signed for the second product line as a proof of concept already, and it’s going to be synergistic to the #AdvanceCarePlanning product and set us up quite nicely for the series A." It's a testament to our continuous effort to innovate and provide comprehensive care solutions that truly make a difference. The completion of this significant funding round, led by Ecliptic Capital with pivotal contributions from Memorial Hermann Health System, AARP, and TMC Venture Fund, marks the next chapter in our journey. This capital injection will not only fuel our expansion but also enhance the depth and reach of our impactful #patientengagement solutions. This conversation also touched on the strategic utilization of the new funds, including further technological development, team expansion, and the exploration of new markets. By building on our unique approach to Advance Care Planning, we're setting the stage for even greater achievements in personalized patient care. 🔍 Focused on the future, our goal is clear: to #empowerpatients with the tools they need to make informed healthcare decisions, supported by a platform that bridges, digital convenience with compassionate care. https://lnkd.in/gqC-ZS9f

Exciting News in HealthTech! Wamda Capital invests in Salus' $4.7M Seed Round! 💰 Salus, the leading mental health platform, has secured $4.7M in its latest Seed round, bringing total funding to over $5.5M. The round, led by Northzone, saw participation from Wamda Capital, 500 Emerging Europe, Pitchdrive | Early-stage VC 🚀, and İş Bank's CVC arm. 🌍🔐 Salus stands out as a comprehensive mental health product, making preventive services affordable and accessible. With a science-backed approach, it aims to persuade employers to invest in employee well-being. 👉 Read the full article here for insights into Salus' mission and the transformative impact on mental health services! https://lnkd.in/dgiuhUPR #HealthTech #SeedRound #Investment #MentalHealth #DigitalHealth #Innovation #BusinessExpansion

To all those who are working in health equity and other spaces that are about making the world a little better than we found it. I was recently sharing with another founder an experience I've had (more than once unfortunately). Because we're solving problems created by social inequities, we have had challenging conversations with investors who want to debate that it's a problem to begin with. We recognize that we won't change someone's mind in a 5 minute pitch if they truly have a belief system that obstructs their perceptions, even if we provide the data. But there also are good people who do understand the challenges, who are close to it, making sense of how it fits into their portfolio. I get it, they need to be sure they are making the right investment decision, and not just because they also want things to change. But objectively, this is what we learn about being successful as entrepreneurs: 1) A successful idea/company solves a big problem. For those of us working on maternal health equity alone, this is a $165b problem when you account for the wasted spending on preventable outcomes and the associated economic costs. 2) A successful founder is close to the problem they are solving and passionate about it. We also know that a founder's passion is a key ingredient to success. The founders I know working on health equity don't have a casual interest in the issues. 3) A great solution is disruptive, creating new possibilities to replace old systems. Our healthcare system is plagued with multiple challenges, and old systems are collapsing. This can give rise to new opportunities. I'm looking forward to this event where we can dive right into the solutions. Hope to see you there in September. Thank you Health Care Council of Chicago (HC3) for your invitation and all the work you do to solve for better health care for all. And thank you 2Flo Ventures for this event and your commitment to big ideas solving big problems. https://lnkd.in/g5a9DW8v

What are the Most Active VC Funds in Health-Tech in Europe? 💊 Despite shifts in funding and deal volume in 2023, the European health technology scene is buzzing with activity. Investors are placing their bets on startups revolutionizing treatment approaches and tackling nonclinical workflow challenges. Let's shine a spotlight on the Top 25 that shaped early-stage health-tech deals in Europe: https://lnkd.in/gPEuV5Ju

Ever wondered what if illness didn't have to be a barrier? Picture a world where everyone, including your loved ones, has access to life-changing solutions, regardless of their circumstances. It's a reality we're chasing. Did you know that 95% of groundbreaking health tech innovations never see the light of day, even though they could transform lives? Now, let's dive into this captivating vision: Imagine a vibrant community passionately devoted to accelerating healthcare. They're not just dreaming; they're building ventures that bring these inventions directly to you. As an innovation guide dedicated to fostering solutions for a cleaner, greener, and fairer economy, I proudly stand by NLC, the Healthtech Venture Builder. NLC isn't just an organization; it's a movement. It's a collective of individuals sharing their time, resources, expertise, and networks, all with one purpose—to make a positive impact on patients' lives. Their track record speaks volumes, and they're poised to make an even larger impact. So, here's a thought: Instead of splurging on more things this coming holiday season, what if you invested an amount you can spare in NLC? Join Bert-Arjan Millenaar, Sylvia Butzke, Ruben Mikkers, and their team on this thrilling adventure where every contribution matters. Together, we can create a future where groundbreaking health solutions are accessible to all. Let's make a difference, side by side. Cheers to impacting lives together!

Exciting times in digital health innovation! The intersection of AI and no-code solutions is catalyzing a transformation in e-health, particularly for startups. Heidi Health's recent Series A funding is a testament to the potential that lies in leveraging technology to streamline healthcare delivery. This is an inspiring development for all of us in the health tech space. #DigitalHealth #Innovation #AI #NoCode #Startups

#CA-based Ambience Healthcare secures $70million in series B round #funding. Leading the round, which raised the total to $100 million, were Kleiner Perkins and OpenAI Startup Fund, with participation from Memorial Hermann, Andreessen Horowitz, and Optum Ventures, current investors. The money will be used by the company to grow both its operations and its clientele. #Ambience, an AI operating system #comprising a suite of applications, was founded in 2020 by Mike Ng and Nikhil Buduma. Its goals are to reduce clinician burnout, increase system efficiency, and facilitate high-quality #treatment. The goal of Ambience #Healthcare is to use cutting-edge generative AI technology to empower #physicians. The Ambience AI operating system comprises a comprehensive set of apps that are intended to mitigate clinician burnout, #enhance overall system performance, and facilitate the provision of high-quality healthcare. Ambience Healthcare Kleiner Perkins Andreessen Horowitz Optum Ventures Michael Ng Nikhil Buduma To share your startup story write us on - contact@startuprise.io #ambiencehealthcare #funding #startup

Another important step for Aktiia in order to transform the monitoring and the management of #hypertension by revolutionizing #bloodpressure measurement!! Welcome aboard Daniel Graf!