The COVID-19 pandemic caused a heavy influx of patients in hospitals worldwide, and most countries struggled to keep up. News of equipment and bed shortages were expected, but the London based medtech startup Doccla was using its tech to help people of the UK get hospital beds. Basically, the startup sets up virtual wards at home for patients who require monitoring but don’t need to be kept in the hospital. It has now raised £2.4 million in its seed round.
Expansion and innovation
The latest funding round for Doccla was led by Giant Ventures, and early-stage technology VC, Speedinvest. In a conversation with UKTN, the company’s CEO and co-founder Dag Larsson reveals how this funding will be utilised. He notes that the fresh funds will be primarily used to further upgrade and innovate the technology used by the startup and there’s European expansion on the cards as well.
“We intend to use the new funds to invest in its technology, including predictive analytics tools and integrations with the latest medical wearables and journal record systems, as well as expanding clinical capacity to support NHS Trusts’ staffing rota, particularly out of hours. We also have an eye on expanding into new European healthcare markets,“ Larsson reveals. ...