Oviva receives 80 million US dollars

The nutritional advice scale-up has closed its Series C funding round. It plans to use the money to strengthen its position in the European market.

80 million US dollars are flowing into Oviva's pockets. This brings the total funding amount to 115 million US dollars. The Series C financing round is co-led by VCs Sofina and Teamsek. Existing investors Albion, Earlybird, Eight Roads Ventures, F-Prime Capital, Mtip and several angel investors also added money. The startup wants to use the money to offer its advice to more people in Europe.

"Staff growth will be the focus in all functions in the coming 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 more patients achieve better health and well-being."

Oviva aims to help people suffering from nutrition-related health issues by offering consultations through an app. The company says it only hires certified nutritionists and counselors, which ensures coverage by health systems and health insurance companies. So far, 200,000 people have used the scale-up's services. It also has more than 5,000 partnerships in Europe with health systems, insurers and doctors.