Dutch healthtech startup Lapsi Health raises $3.7m seed round to accelerate growth

Dutch healthtech startup Lapsi Health raises $3.7m seed round to accelerate growth

Published: 11-01-2023 11:13:00 | By: Pie Kamau | hits: 3256 | Tags:

Dutch healthtech startup Lapsi Health announced an oversubscribed $3.7 million seed round to continue its technology development, acquire FDA certification and begin commercialization activities in the USA.

Lapsi is developing sound-based medical technology (and software tools) to empower clinicians at the point of care and to enhance remote consultations. The company last raised in the beginning of last year, netting a €700K pre-seed round in March 2022 and won the Eurostars €1 million grant for the development of its deep tech.

Investors in this latest round for the 2022-founded startup are a mix of old and new backers: The Seed Series is led by Sahir Ali of Modi Ventures, a Texas-based family office that has recently stepped into the Venture Capital world with investments in the space of Artificial intelligence and Tech Bio. Modi Ventures is followed by some of the pre-seed investors of the company (Vendash, Bolwork) as well as some new investors (Israeli-Ukrainian software development company BeKey).

Jhonatan Bringas Dimitriades, CEO at Lapsi Health (named Health-tech Leader of the Year 2022 by Med-Tech World 2022), said: "During the year we released 4 generations of prototypes and two native applications. We have been able to validate our technology and showcase it in several venues worldwide and to several medical leaders. This helped us to secure the next step in the funding for our company, now with the goal of bringing our technology to the market during 2023."

The company has welcomed in its Advisory Board, several World healthcare leaders such as Craig LipsetRafael Grossman, Aline Noizet, Suzanne TerheggenCarlos Sendon and Amir Lahav in the beginning of the year. In the last quarter of 2022, the company welcomed a new member of the Advisory Board, Junaid Bajwa, MD,Chief Medical Scientist at Microsoft. "With his vast med-tech experience, we will be able to develop and iterate even faster," said Jhonatan Bringas.

Craig Lipset, Advisory Board Member and co-Chair, DTRA: "As a patient, all of my encounters with my primary care provider and my pulmonologist involve listening to my lungs. Lapsi Health brings that capability with confidence for remote care as well as remote clinical trials. The technology will improve patient experience and outcomes while supporting the new normal for healthcare and clinical research."

www.lapsihealth.com