HEUKING advises AssistMe on its EUR 5.2 million Financing Round
A team led by Ariane Neubauer, Equity Partner at HEUKING's Berlin office, provided comprehensive advice to AssistMe GmbH (AssistMe) on its oversubscribed financing round in the amount of EUR 5.2 million.
MedTech company AssistMe, a pioneer in digital assistance systems for nursing care, intends to use the financing to further roll out its IoT platform alea in inpatient, outpatient, and clinical care and to establish a production in Brandenburg. The financing round was led by Albers Investment, Brandenburg Kapital, and the family office Conle. Other existing investors such as Next Big Thing and IBB Capital also significantly increased their commitment.
In collaboration with TZMO, a leading manufacturer of incontinence products and its Seni Smart brand, alea not only significantly reduces the workload of caregivers, but also improves processes – to noticeably enhance the quality of care. This is achieved through real-time notifications. With the support of AI, alea recognizes the utilization rates of incontinence products, falls and automatically creates storage logs for pressure ulcer prevention. This makes care smarter and ultimately easier. Care facilities save an average of 23 percent in materials and time when changing incontinence pads.
Numerous large private care operators such as the Alpenland Group, the Führer Group, Kleeblatt Pflegeheime, and AWO already rely on alea.
Counsel to AssistMe GmbH
HEUKING:
Ariane Neubauer (Lead), Berlin,
Mark Rossbroich, LL.M. (King’s College London), (both Venture Capital), Cologne,
Dr. Henrik Lay (Tax), Hamburg,
Astrid Reich (Employment), Berlin
