Sanome, a European health start-up, has raised £2m as its first round of funding from a number of leading UK and European HealthTech specialist investors. The round was led by Heal Capital, with participation from Crista Galli Ventures, Selvedge Ventures, o2h Ventures, Meltwind and a number of high-profile angels including David Cleevely and Pam Garside.
Sanome has developed a diagnostics innovation engine that combines biomarkers to develop medical grade, at home diagnostic products (IVDs) more efficiently and effectively. Most digital health, wearables and consumer biotech tools have limited medical use because it’s hard to validate them clinically. Sanome’s novel approach leverages these existing technologies to develop at home test that are clinically validated to improve patient outcomes and reduce healthcare costs. Ultimately, laying the foundation for the early detection and prevention of diseases of high unmet need.
Sanome was founded by experienced entrepreneur Benedikt von Thüngen (CEO). His unique experience comes from 5 start-ups across biosciences, deep tech, healthcare and renewable energy.
The investment will be used to expand the team; deliver on key strategic and commercial partnerships to develop and validate the first set of IVD candidates.
Benedikt von Thüngen, CEO and co-founder of Sanome, commented:
“Healthcare touches each and every one of us and the recent pandemic has highlighted that at a global level. It showed the need to bring healthcare closer to people’s homes and that we need to leverage many of the recent innovations in digital health and consumer biotech to capture as many data points about human health as possible. This will transform our understanding of the human body and our approach to disease detection and management. At Sanome we are working toward developing multiple at-home health tools to drive disruption within the healthcare landscape to benefit each one of us”
“Our approach is about inclusivity for all in healthcare and that is at the heart of everything we do at Sanome”
Eckhardt Weber, Partner at Heal Capital, commented:
“Sanome will change the way patients, providers and payers interact with healthcare. By pioneering a new model for IVD innovation, they can create medical-grade diagnostics that truly focus on solving our healthcare system’s most pressing problems. We could not be happier to be supporting Sanome’s exceptional founding team on the journey to make healthcare inclusive, preventative and proactive.”
Dr. Fiona Pathiraja, Managing Partner of Crista Galli Ventures, commented:
“Sanome is at the cutting edge of personalised healthcare. By providing a comprehensive biomarker platform across multiple domains, Sanome is building a massive innovation engine. With experienced healthtech, software and biomarker founders at the helm, Sanome is one to watch. We at Crista Galli Ventures are thrilled to support the company as they build a future where personalised healthcare is accessible to all.”
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About Heal Capital
Heal Capital is a leading European venture capital fund managing 100 million euros in assets under management. The fund invests in early-stage healthtech companies that are actively driving the innovation of healthcare. Heal Capital provides deep vertical knowledge, network, and market access through leading private healthcare insurers as fund investors. The fund is led by Eckhardt Weber and Dr. Christian Weiß as managing partners. Additionally, Heartbeat Labs and Flying Health are invested as anchor investors, complementing Heal Capital’s team with expertise in building and scaling healthtech companies.