HealthBeacon’s €6 Million Capital Raise

Philip Lee advised Crow Rock Capital on this investment.

Leading digital therapeutics company HealthBeacon has raised €6 million from Elkstone and Crow Rock Capital to bring total investment to date to €25 million.

Headquartered in Dublin, HealthBeacon provide technology solutions to help patients better adhere to their medication schedule. The technology is available in 15 countries.

Earlier this year, the company entered into a strategic partnership with North American home appliances distributor Hamilton Beach Brands, Inc. to provide a smart Injection Care Management System in the U.S. and Canada under the new brand name Hamilton Beach® Health.

The latest round of funding will be used to scale HealthBeacon’s team and production to meet current demands and to meet their future growth ambitions.

Philip Lee, led by Andreas McConnell (Picture), was pleased to advise Crow Rock Capital on this investment.
 

Involved fees earner: Andreas McConnell – Philip Lee;

Law Firms: Philip Lee;

Clients: Crow Rock Capital;

Giulia Di Palma

Author: Giulia Di Palma