Led · Debt Financing · Apr 2024

Founded in 2017, Recare builds a software-as-a-service platform that digitally streamlines discharge management and aftercare for hospitals and other care providers. Its newly announced AI agent sits on top of existing hospital IT systems, coordinating clinical and administrative workflows, automating routine tasks such as medical letters and handover protocols, and structuring data from PDFs, scans, and free text into interoperable formats. By reducing manual paperwork, the system targets the growing skills shortages faced by healthcare professionals. The company plans to use new capital to broaden product development, roll out the AI agent across more facilities, and expand internationally beyond its current German customer base. Recare’s most recent growth financing provides up to €37 million of additional capital, making DNV its largest shareholder. While no revenue or user counts were disclosed, the sizeable round underscores investor confidence in the company’s market traction and expansion ambitions.

Participated · Debt Financing · Mar 2024

Meo provides an all-in-one platform for KYC (Know Your Customer) and KYB (Know Your Business) with native integrations to financial databases, business registries, AML providers, and fraud prevention APIs. The system enables integrated identity verification and helps businesses reduce customer onboarding turnaround time. Meo has built an ecosystem of verification and enrichment APIs and communication channels through partners such as CreditSafe, Danish e-Boks, Thales Group and Swedish BankID. Founded in 2015 by CEO Christian Visti Larsen and based in Copenhagen, the company serves businesses requiring streamlined customer and business verification. Meo raised additional capital and intends to use the funds to accelerate growth, expand in Europe, ramp up sales, and grow its customer base.