CUREosity receives €3.8 million for virtual reality therapy through gamification
Düsseldorf — Düsseldorf-based MedTech company CUREosity announced that it has received 3.8 million euros in a financing round from existing and new investors. In addition to other new co-investors, the existing investor TechVision Fund (TVF) and the Belgian family office Nomainvest also participated.
TVF, specializing in investments in medical technology companies, has been supporting CUREosity in its virtual reality therapy through gamification since 2021.
The financing round was also supported by the law firms ADVANT Beiten and Forvis Mazars. — The latest financing round will enable the German company to further advance its innovative solutions and expand its market presence.
Caesar van Heyningen, CEO of CUREosity, says: “The current successful course — consisting of scaling the markets and high-quality updates to our therapy software — will be strengthened by this financing. We plan to invest heavily in commercial expansion and integrate tomorrow’s technological possibilities into our product roadmap today. With this financing round, we can ensure financial independence and sustainable business operations.”
The idea behind CUREosity
CUREO is based on the personal experiences of the founders — Thomas Saur, Stefan Arand and Marco Faulhammer: After a car accident in 2000, Thomas Saur’s young son suffered from paraplegia. In the search for the best possible care and rehabilitation, existing methods did not bring the desired success.
The two co-founders of CUREosity — Stefan Arand and Marco Faulhammer — experienced similar fates and challenges, which led them to the decision to develop a new form of therapy that combines their therapeutic experience and knowledge with current technologies and neuroscientific findings. Thanks to many years of experience in 3D visualization and the creation of application concepts in the IT and science sector, the founders have sound technical know-how.
The combination of technical skills, expertise in 3D visualization, experience with virtual reality and personal motivation due to medical conditions led to the founding of CUREosity and the idea for CUREO.
CUREosity: Virtual reality therapy through gamification
Under the leadership of Caesar van Heyningen, CUREosity became known for its virtual reality therapy system called CUREO for clinics and practices.
The advantages include evidence-based therapeutic success, sustained relief for staff, increased patient motivation, a wide range of applications and simple and intuitive operation. The 50 training sessions in 7 modules can be used in physiotherapy, occupational therapy and neuropsychology. Currently, the software is used in 24 countries worldwide.
www.cureosity.com
About TechVision Fund (TVF)
TechVision Fund (TVF) is a seed capital firm focused on investing in technology companies that have the potential to transform key industries. The company’s strategy is based on early engagement and primarily targets seed-stage investments, with occasional initial investments in Series A. The company’s focus spans SaaS/software, IoT, digital solutions, medtech, biotech, new materials and greentech/cleantech.
Björn Lang, Partner at TVF, says: “CUREOSITY solves the problem of the shortage of skilled workers in the therapy sector. Smart solutions such as CUREO are highly relevant to society, particularly due to demographic change. We look forward to participating in the solutions and successes in the future.”