Nutrix, a Switzerland-based healthcare startup, completed an undisclosed second round of funding, bringing its total raised to €2.1 million (PLN 10 million).
The investors in the round included Simpact Ventures, Chile Ventures, and ADD Venture, and also included a grant from Innosuisse.
Nutrix will be used the fresh funds for further technological development and expansion in Latin America, with plans for entering Central and Eastern Europe and the USA.
“Attracting investors from two continents emphasizes the global nature and ambitions of our startup. This is crucial for us because the challenge we face has no borders or citizenship. Therefore, our satisfaction is all the greater that we will soon take another step in the development of our technology. The funds obtained will enable us to continue our work and reach more people affected by diabetes,” Maria Hahn, president and founder of Nutrix, commented.
The company is based in Switzerland but has branch offices in Chile and Poland, where R&D and a team specializing in creating digital solutions are operating. Nutrix also utilizes international expertise from experts in Poland, Switzerland, India, Mexico, the UK, Chile, and Brazil.
Company: Nutrix AG
Raised: Undisclosed
Round: Unknown
Funding Month: April 2023
Lead Investors:
Additional Investors: Simpact Ventures, Chile Ventures, ADD Venture, and Innosuisse
Company Website: https://nutrix.tech/
Software Category: Digital Health Monitoring
About the Company: Founded in 2020 by Jemish Parmar, Nikhil Singh, and Maria Hahn, Nutrix developed a SaaS platform that uses high-tech devices, artificial intelligence, and remote monitoring to provide assistance, control, and monitoring for patients with chronic diseases for the well-being of patients, improved quality of life, longevity. It uses high-tech non-invasive and AI-based devices to improve the well-being, quality of life, and longevity of patients. The company’s mission is to help people with chronic diseases around the world achieve better health.
Source: https://ain.capital/2023/04/14/nutrix-completes-second-funding-2-1m/