Swedish digital health start-up Doktor.se secures a further €29.5 million for the global expansion of its services.

The startup Stockholm-based Doktor.se has secured €29.5 million in funding from Chinese technology group Tencent Holdings. Of the total amount raised, €23 million will be new capital and €6.5 million will come from existing shareholders, to be operating in more than seven countries by end of 2021.

The funding comes in the form of an extension following an earlier round, on the same terms, which saw the healthcare technology pioneer raise €50 million from lead investor Consensus Asset Management, and including Norron and Skabholmen Invest, among others.

The €29.5 million extension will be used to fuel the company’s vision to operate in more than seven countries by the end of 2021.

Doktor.se claims to be the largest healthcare provider in Sweden today. Its goal is to improve healthcare worldwide through optimisations that make it more efficient, accessible and affordable. 

The health technology hub consists of nurses, specialist nurses, general practitioners, specialist doctors, psychologists, counsellors and physiotherapists, both in its digital and physical care centres. It has created various partnerships to strategically expand its offering in Europe and worldwide. 

Doktor.se is currently partnering with veterinary care chain AniCura to provide its services in various European countries, while it is partnering with telecoms group Proximus to provide services in Belgium and with digital healthcare provider ViBE to establish its presence in Brazil.

This latest investment will consolidate the startup’s international expansion by enabling it to develop its technical platform to offer enhanced services for mental health and chronic diseases, and to expand its digital operations and physical clinics.

Building on its national success, where a tenth of the population currently uses its services, Doktor.se is looking to gain momentum in order to expand its digi-physical services by acquiring physical healthcare services to integrate into its digital platforms. 

While the Swedish visionary is focused on developing its tech platform for mental health and chronic illness and expanding globally, Dutch company Xsens has launched an automated reporting feature for physiotherapists, health specialists and ergonomics consultants that presents complex movement data in an accessible report. 

Martin Lindman, CEO and co-founder of Doktor.se, explained in a statement following the latest expansion, how the company looks forward to continuing to provide the world with safe and accessible healthcare through the development of technologies that enable an efficient and frictionless user experience. Lindman went on to emphasise how pleased the startup is to welcome Tencent Holding to its mission, as the two groups share a common vision of how the platform can provide patients around the world with faster and better care through its unique combination of physical and digital care, as it continues to expand internationally.