IoT in care: NBT venture AssistMe successfully concludes Series A financing round of 2 million euros
Summary
Pioneering work in precision care: 2 million euros for the preparation of the market launch and the expansion of the team As a co-founder with comprehensive IoT infrastructure, tech expertise and early financing, NBT creates the basis for fast, successful business development Berlin, October 11, 2019 – The healthtech startup AssistMe is developing technologies for a needs-based approach to care in order to establish efficient work processes, relieve nursing staff, and address an aging population. The venture of the Berlin-based Company Builder has now successfully completed a series A investment round with investors from the health and technology sectors in the amount of 2 million euros. The healthtech startup from the NBT venture portfolio is now well equipped to drive the socially-significant healthcare sector into a promising future: "With the capital, we will take the next steps in product development and prepare our market launch. With a clear focus on democratizing technology and the Machine Economy, NBT is laying the foundation for a future of trustworthy, high-quality data and automation through intelligent contracts and sensors. AssistMe’s products eliminate inefficient workflows and unnecessary workloads by addressing real-time knowledge gaps and enabling prediction of individual care needs at scale.