HTG Medical secured 760k EUR in funding to enhance healthcare automation solutions, aiming to simplify medical processes and expand into new markets.

Target Company Overview

HTG Medical, founded in 2021, is a startup that focuses on developing hardware and software solutions to address the challenges faced by medical professionals. The company aims to simplify processes within hospitals, reducing complexity without imposing additional systems or workflows on already overburdened medical environments. HTG Medical was born from the innovative spirit of three young co-founders—Max Klimeš, Tobias Vybiral, and Kristof Saman—who began their journey at a hackathon in 2019, dedicated to leveraging technology to save lives and alleviate the workload of nurses.

Recently, HTG Medical secured a total funding of 760k EUR, which includes a 160k EUR grant from Technologicka inkubace by Czechinvest. This funding will enable the completion of the company's MDR certification, the commencement of production, and the expansion into new markets, including Slovakia, the Netherlands, and Spain, set for 2025. The company has already carried out pilot tests at IKEM and other hospitals within the Czech Republic, demonstrating its commitment to effective healthcare solutions.

Industry Overview in the Czech Republic

The healthcare industry in the Czech Republic is experiencing a significant transformation, driven by advancements in technology and an increasing demand for efficient medical solutions. As hospitals and clinics strive to enhance patient care while managing limite