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Altavo, a medtech startup, raised €3M in Series A2 funding led by Novalis Biotech to develop its AI-based voice rehabilitation products.

PRIVATEJan 23, 20264 months ago

Amount Raised

€3 Million

Round Type

SERIES A

DresdenManufacturing

Investors

Individual Private InvestorsOstwerk Gmb HTudag Tu Dresden AgHigh Tech Gründerfonds (Htgf)Tgfs Technologiegründerfonds SachsenBeteiligungsmanagement ThüringenNovalis Biotech

Description

Altavo, based in Dresden, Germany, specializes in AI-based voice rehabilitation and has successfully raised €3M in a Series A2 financing round. The round was led by Novalis Biotech and other notable investors. The funds will be used for company development and clinical work for its commercial product. Founded in 2021, Altavo is positioned to innovate in the medical device space.

Company Information

Company

Altavo

Location

Dresden, Saxony, Germany

About

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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