TVM Capital Healthcare invests 17 million US dollars in neurocare

TVM Capital Healthcare invests 17 million US dollars in neurocare: New partnership for mental health care

Munich, April 24 - TVM Capital Healthcare has announced an investment of 17 million US dollars in neurocare group AG. Neurocare is a Munich-based company specializing in personalized mental health care. The investment will enable neurocare to realize its international growth plans, including expansion into the US and market entry into Saudi Arabia. It will also support the development of new hardware and software innovations.

Mental health solutions

Neurocare offers holistic treatment for various psychological or neurological conditions via its digital therapy platform (DTP). This platform enables clinicians to develop individualized treatment plans based on strong and sustainable clinical outcomes. neurocare's solutions are used in the company's own clinics as well as in a growing number of third-party clinics worldwide.

This partnership will allow us to accelerate neurocare's growth in our key markets in the US, Europe and Australia and expand our geographic footprint into new regions.

Thomas Mechtersheimer, Founder and CEO neurocare group

According to the World Health Organization, mental disorders affect 13.0% of the global population, causing significant direct and indirect costs. The COVID-19 pandemic has led to an increase in diagnoses of mental illness. Nevertheless, the treatment of these disorders remains inadequate in most countries, which offers companies such as neurocare the opportunity to offer innovative treatments.

TVM Capital Healthcare's strategy

TVM Capital Healthcare's investment is part of its strategy to invest in innovative healthcare solutions that aim to improve access to quality care worldwide. In particular, it aims to strengthen the healthcare infrastructure in Saudi Arabia and the wider MENA region.

This investment is part of our strategy to invest in highly innovative, world-class healthcare solutions that improve access to quality care worldwide.

Tristan de Boysson, Managing Partner, TVM Capital Healthcare

The partnership between TVM Capital Healthcare and neurocare is expected to accelerate the company's growth and expand its presence in key markets.