Ludocare
About the deal
Paris, Lyon, July 4, 2022 – Ludocare, a French player in the digital therapies market, announces that it has raised 4.2 million euros from Karista and Bpifrance, which is participating via its Patient Autonome fund and the French Tech Seed fund managed on behalf of the French government by Bpifrance as part of France 2030. Ludocare has developed a digital therapy in the form of a connected medical companion dedicated to very young children suffering from chronic illnesses such as asthma, in response to the major challenge of non-adherence to therapy in this type of pathology. This round of financing is intended to accelerate the company’s development by enabling the launch of a clinical study, the implementation of a medical prescription strategy and the strengthening of its teams.
Based in Lyon, Ludocare is a French player in the market for digital therapies, a market that is recent in Europe but growing rapidly worldwide (CAGR +75%). These new therapies (known as DTx) are digital tools designed to prevent, manage or treat a medical disorder or disease. Highly supported by its ecosystem, Ludocare has won numerous awards, including Digital Therapy of the Year at the MedInTechs 2022 Conference and the 2019 i-Lab innovation competition.