Amid €65 billion lost each year to stroke and dementia in Germany, nyra health secures €20 million to scale digital neurotherapy
Vienna-based nyra health has secured €20 million in Series A funding to advance its AI-powered platform for neurological therapy. This significant investment underscores a growing focus on digital solutions for neurorehabilitation, aiming to democratize access to effective, data-driven care for stroke and dementia patients across Europe and beyond. The funding will fuel further development of their technology and support expansion into new markets. The financing round, led by Armira Growth with participation from existing investors including Wellington Partners and Crane Venture Partners, follows a €4.5 million seed raise in 2023. nyra health’s platform leverages AI to connect the entire rehabilitation care chain, from inpatient therapy to outpatient aftercare and home use, a crucial innovation for improving patient outcomes and streamlining healthcare delivery. This aligns with a broader trend of substantial investment in European health-tech, particularly in digital therapeutics. This funding for nyra health is set against a backdrop of considerable investor interest in European neurological and health-tech ventures, with other companies like Aerska, EG 427, Strolll, Neu Health, and Hemi Health collectively raising over €60 million. These diverse funding rounds highlight a converging interest in neurological disease biology, digital therapeutics, and AI-driven clinical tools, signaling a robust pipeline of innovative solutions addressing critical healthcare challenges. This collective investment signals strong confidence in the potential of digital solutions to transform neurological care across the continent.
Curated and translated by Europe Digital for our multilingual European audience.
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