Leuven-based healthcare startup LynxCare raises €1.8 million to expand in the US and EU | EU-Startups
Summary
Belgian startup LynxCare, a big data market leader in healthcare, has announced this morning raising funds for the second time in twelve months. LynxCare, founded in 2015, is a Belgian scaleup aiming to use big data to make hospital healthcare more efficient. In under a year, we have raised almost €4 million and we have a very strong investor consortium, which offers prospects for further investments and new growth steps for LynxCare,” concludes De Feu. Furthermore, the transaction is in line with the strategy of the HERAN HealthTech Fund that was recently launched of which LynxCare is one of the 7 existing portfolio companies.” Dr. Christian Schütz, partner at btov for healthcare says, “We see a great combination of a highly experienced team in the field of machine learning/data mining (NLP) with a strong medical background, good commercial traction and a clear market need for quality of care data analytics and management. The very accurate analysis of unstructured data in the clinical environment is what LynxCare can offer for physicians, hospitals and medical research and what the company stands out for.”