Oviva receives 80 million US dollars

The scale-up for nutritional advice has completed its Series C financing round. It intends to use the money to strengthen its position on the European market.

80 million US dollars will flow into Oviva's pockets. This brings the total financing amount to 115 million US dollars. The Series C financing round is jointly led by the VCs Sofina and Teamsek. The existing investors Albion, Earlybird, Eight Roads Ventures, F-Prime Capital, Mtip and several angel investors also contributed money. The start-up wants to use the money to offer its consulting services to more people in Europe.

"Staff growth will be the focus in all functions over the next few months," says Kai Eberhardt, CEO and co-founder of Oviva. "On the one hand, we want to empower existing employees to take on more responsibility. On the other hand, we are looking for new talent to join us on our journey to help our existing and many other patients achieve better health and well-being."

Oviva aims to help people suffering from nutrition-related health problems by offering advice via an app. According to the company, it only employs certified nutritionists and consultants, which ensures that costs are covered by healthcare systems and health insurance companies. So far, 200,000 people have used the scale-up's services. It has also entered into more than 5,000 partnerships in Europe with healthcare systems, insurance companies and doctors.