Seventure Partners invests €2.5m in Personal MedSystems
Seventure Partners has invested in German mobile medical equipment company Personal MedSystems, alongside High-Tech Gründerfonds, as part of a €2.5m series-A financing.
Personal MedSystems will use the €2.5m funding from Seventure and HTGF to further develop its products and introduce them to the European market.
Company
Personal MedSystems develops and markets mobile medical equipment such as its lead product, CardioSecur, which was founded in 2008 as a mobile 12-lead electrocardiograph (ECG) for smartphones and tablets. The company's goal is to develop professional ECG systems that are personalised and applied by private individuals. The business is based in Frankfurt and Berlin.
People
Robert Schier led the deal for Seventure. Kay Balster arranged the series-A round on behalf of HTGF.
More on Early-stage
World Fund leads EUR 128m raise for quantum computing group IQM
Series-A2 for Finnish startup focused on combating the climate crisis also backed by the EIB
Gorillas raises circa USD 1bn in Delivery Hero-led Series C
New funding comes just seven months after a Series B, with the company doubling in value
L Catterton et al. in EUR 100m round for SellerX
SellerX has already raised amost EUR 250m in debt and equity in its 12 months since inception
Point72 Ventures leads €20m round for Curb
Food startup was founded in 2020 and will use the funding to invest in technology and its expansion in Stockholm
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds