Thursday, February 22, 2024
HomeFunding Greek-based Healthtech Startup Langaware, Secures €2 million in Seed Round Funding

[Funding alert] Greek-based Healthtech Startup Langaware, Secures €2 million in Seed Round Funding

Healthtech startup Langaware, based in Greece, receives €2 million in seed funding. Eleven Ventures led the company's Seed round, and Metavallon VC also took part.As it grows its market share in the US, the company plans to use the financing to further build its product and technical teams.
Team – Langaware

Healthtech startup Langaware, based in Greece, receives €2 million in seed funding. Eleven Ventures led the company’s Seed round, and Metavallon VC also took part.As it grows its market share in the US, the company plans to use the financing to further build its product and technical teams.

Read also – Digital Palliative Care Company Pal Raises €300k in Pre-seed Round

Langaware uses artificial intelligence (AI) to evaluate language, voice, and speech using digital biomarkers in order to anticipate and monitor illnesses like mild cognitive decline, Alzheimer’s disease, and depression. In the end, early diagnosis helps the pharmaceutical industry, health systems, and clinicians deliver appropriate, individualized treatment for patients and assistance.

Read also – Faraday invests €1.3M to strengthen its position in Valencian Jewellery Brand Singularu

The Langaware platform, the result of years of study, has been tested and proven successful in both clinical and virtual care environments in the US and Greece.

Read also – Barcelona-based Incapto Raises €6 million in Funding

Langaware founder and CEO Vassiliki Rentoumi said: “This investment propels us forward, unlocking the potential to revolutionise healthcare systems by unleashing the full power of AI. By harnessing the power of technology, we aim to alleviate the strain on overburdened healthcare systems, while driving down costs and fostering a future where accessible, high-quality healthcare is a fundamental right for all.”

About Langaware

Their goal is to bring to an era when mental health and cognitive problems are identified in their infancy, resulting in more efficient treatments, less financial strain on the medical system, and more overall wellbeing.

Read also – Amsterdam-based Orquesta Raises €800K in pre-seed Funding

In their ideal future, AI-driven diagnostic tools are seamlessly integrated into healthcare delivery systems, providing medical professionals with insightful data and facilitating individualized care.

Read also – Annika Falkengren Joins Swedish Tech Company Ark Kapital’s Board of Directors

They work to change the face of cognitive and mental healthcare, enhancing access, results, and quality of life for everyone by encouraging early intervention and de-stigmatizing mental illness.

Read also – Paris-based Qobra Secures €10 million Series A Round Funding

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular