British Design Fund backs London-based Koalaa as the prosthetics maker expands its manufacturing capacity and international reach.
"We’re delighted to have the backing of British Design Fund and look forward to working with them as we scale-up and expand our operations in the UK, but also begin entering new markets across the world."
The oversubscribed round was backed by investors including Sumerian Foundation and Wealth Club.
"We’ve been blown away by the level of interest in the funding round. We quickly raised £1m from existing investors – both domestically and abroad – which was a real vote of confidence in our model – and we made up the additional £1.5m in just ten days."
The funding round was led by InHealth Ventures with backing from AlbionVC to scale digital therapy provision.
"The UK is facing a mental health crisis. Demand far outsrips supply and technology has a vital role to play in closing that gap. We’re immensely proud of the lives we’ve already changed through Healios. This funding will help us reach more families in need and enable us to develop further sector-leading interventions and therapies. By bringing together clinical experts and giving them the tools to reach their patients regardless of where they are, we are closing the access gap which has plagued mental health provision for far too long."
EQT Ventures led the Series B round, which will fund team expansion and product development.
"Unmind was built on the belief that everyone has the right to a healthy mind. Thanks to the support from our investors, this round of funding gives us the opportunity to scale our team while further developing the product with clinically-backed insights and research. In turn, this will help us to meet growing global demand from employers looking to drive positive cultural change around mental health in the workplace. At Unmind, we see the future of mental healthcare rooted in prevention. After all, we all have mental health, all of the time, and just like physical health or dental health, there’s a range of ways we can proactively nurture and improve it."
— Nick Taylor, Clinical Psychologist, Co-founder and CEO
The funding round was led by Index Ventures with participation from Kamet Ventures to scale operations and drive product innovation.
"We believe the future of care for older people should be helping them to live at home for as long as possible through the delivery of personalised and preventative care. Birdie is already the partner of choice for caregivers up and down the UK, and this funding will help us rapidly increase the number we partner with and what we can offer them – meaning more people benefiting from more affordable, quality care. We’re proud of our mission and the values we embody to pursue it."