Amount Raised
€5 Million
Round Type
series a
Investors
Tudag Tu Dresden AgSaxonia Systems HoldingHigh Tech Gründerfonds (Htgf)Tgfs Technologiegründerfonds SachsenBeteiligungsmanagement ThüringenNovalis BiotechOccident
Description
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers