Hospitals have been digitized for a while now and have an enormous amount of data at their disposal to develop better patient care and scientific research. However, an estimated 90% of this data remains unused due to technical glitches. LynxCare has raised €20 million in funding to accelerate the international rollout of its technology. The Series A investment was led by Swiss healthtech investor MTIP and joined by Elaia and the company’s early-stage investors Heran Partners, BTOV and PMV. The new funding will speed up the international rollout of its platform.
The timing is perfect to partner with the European health data leader and drive forward the real- world data agenda to enable better healthcare outcomes. The Belgian platform has also entered partnership with PSIH Group, the market leader in clinical business intelligence in France. Through this deal, 66% of French hospital groups can now gain access to LynxCare’s software.