moveUP Secures €3.65M in Financing

healthcare

moveUP, a Belgian company specialized in remote digital care before and after orthopaedic and bariatric surgeries, raised €3.65m in funding.

The round was co-led by Karista and White Fund, in an international consortium with Nina Capital (Spain), CAREvolution (Belgium) and Qbic (Belgium), and historical investors.

The company intends to use the funds to further develop its solution and accelerate its international expansion.

Founded in 2015, moveUP is a digital therapeutics company combining the development of medical
technologies, as well as providing care. The company develops data-driven personalized remote digital care for
post-acute out-patients, delivering similar clinical outcomes at a lower cost, while enabling healthcare professionals to focus on more complex patients or urgent situations. It does so by providing validated and (semi)-automated value-based treatment plans on an integrated multimodal platform, managed by local care teams and supported by moveUP’s virtual clinic, providing 24/7 expert support. moveUP has offices in Brussels and Ghent where 25 people are employed.

Today, moveUP’s application is reimbursed in the area of orthopaedics in Belgium and the company is currently reinforcing its presence in the Netherlands, France, Germany and the UK, while exploring the US market.

FinSMEs

04/06/2021