Naq, a compliance automation firm, secured €3 million in funding to enhance healthcare compliance across the UK and EU, led by Dutch VC No Such Ventures.

Information on the Target

Naq, a compliance automation firm based in Amsterdam and London, has successfully raised €3 million to transform healthcare and medical compliance across the UK and the EU. Founded by Nadia Kadhim, a GDPR lawyer recognized in Forbes 30 under 30, and Chris Clinton, a former cybersecurity expert at NATO and BAE Systems, Naq aims to address the compliance challenges faced by over 400,000 companies operating in heavily regulated sectors like healthcare.

The company's innovative automated compliance platform is designed to streamline the compliance process, overcoming the traditional reliance on costly consultants. This platform is pivotal for innovators to navigate complex healthcare frameworks, securing sensitive data, saving time, and facilitating the swift introduction of essential healthcare solutions into the market.

Industry Overview in the Target's Specific Country

The healthcare compliance landscape in the UK and EU is characterized by stringent regulatory requirements that can impede the growth of innovative solutions. Many startups and established companies encounter significant hurdles as they attempt to meet