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Altavo Closes €5M Series A Funding

Altavo Closes €5M Series A Funding

02/20/24, 2:52 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/DE.svgdresden
Money raised
€5 million
Industry
medical equipment manufacturing
Round Type
series a
Investors
Tudag Tu Dresden Ag, Saxonia Systems Holding, High Tech Gründerfonds (Htgf), Tgfs Technologiegründerfonds Sachsen, Beteiligungsmanagement Thüringen, Novalis Biotech, Occident
Altavo, a Dresden and Jena, Germany-based AI-based voice rehabilitation company, raised €5M in Series A funding. The company intends to use the funds to accelerate growth, product development, the pivotal clinical trial, and internationalization.

Company Info

Company
Altavo
Location
dresden, saxony, germany
Additional Info
Altavo, the artificial voice company. We are a medical device startup based in Dresden, Germany. Our guiding star: harnessing the power of machine learning and state-of-the-art sensor technology to improve the lives of people who have lost their voice. The first group to benefit will be patients who have lost their voice box because of tumor surgery, a procedure known as laryngectomy. But there are many more potential applications of our technology, both in speech rehabilitation and in non-medical fields. We come from different fields: medical device development & marketing, artificial intelligence, RF engineering, signal processing, linguistics & speech therapy, regulatory affairs, and quality management. We share one passion: to turn state-of-the-art technologies into products that improve patients’ quality of life.

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