Neteera Series-B with 13 million USD

Neteera Technologies Ltd, led by Aescuvest, has closed a $13 million Series B financing round. In addition, a strategic partnership between Neteera and Omega is agreed.

Neteera is an Israeli startup specializing in the development of a platform for contactless monitoring of patients. This platform enables continuous monitoring of patients' biomarkers in real time, leading to improved patient care and increased efficiency of medical staff. Neteera's technology has been approved by the FDA.

We are excited to work with Aescuvest and Omega to further develop and scale our breakthrough solution

Isaac Litman, CEO Neteera

The funding round was led by Munich-based investment firm Aescuvest, along with other investors including Omega Healthcare Investors, Nanz Family Office, Ankor Holding and Esas Private Equity. The startup will use the funding round to accelerate sales, production and deployment of its contactless patient monitoring device, as well as advance the development of its medical sensor platform.

We believe Neteera's innovative technology has the potential to revolutionize the way we care for patients

Sebastian Gührs, Partner & Head of Investment Aescuvest

Omega Healthcare Investors not only invested in Neteera's funding round, but also entered into a strategic partnership with the company. Under this partnership, Neteera will become the official provider of contactless patient monitoring for Omega's network of long-term and long-term care facilities in the United States.

We have already deployed Neteera's technology in a test group of facilities and have received positive feedback from operators.

Matthew Gourmand, senior vice president, corporate strategy Omega Healthcare Investors

About Aescuvest

Aescuvest is a Munich-based investor specializing in digital healthcare. With an investment platform, the company offers investors exclusive access to promising healthcare companies and enables direct investments through SPV structures.

Omega Healthcare known to local investors

Omega Healthcare Investors is a real estate investment trust (REIT) that invests in the long-term healthcare industry. The company focuses on skilled nursing and assisted living facilities operated by various healthcare companies. The facilities are located in the U.S. and U.K. and are primarily operated under a triple-net lease structure.

Omega Healthcare is likely known to a broader audience in this country as a direct investment from the retail investment community. The company is regularly mentioned in the same breath as Medical Properties Trust, Healthcare Realty Trust and Ventas. As a REIT, the company is required to distribute a majority of its profits to shareholders. Omega invests in skilled nursing and assisted living facilities in the U.S. and U.K. operated by various healthcare companies.