LUMO Labs and BOM back Dutch-based Autoscriber in €1.2M Seed round: Know more - Silicon Canals

In September 2021, the Dutch startup raised an undisclosed magnitude of backing successful its pre-Seed circular from LUMO Labs’ concern conveyance LUMO Fund II TTT.AI, a portion of the ICAI Venture Program. ICAI was founded by the University of Amsterdam and Vrije Universiteit Amsterdam.

Pain constituent of the existent healthcare system

Currently, the unit connected healthcare systems is rising owed to a shortage of aesculapian staff. The necessity to automate processes and documentation, on with ageing populations, places a tremendous load connected physicians, nurses, and different healthcare professionals worldwide.

In bid to instrumentality this unit off, determination is immense imaginable successful making healthcare much data-driven. However, the occupation is that data-driven methods of diligent care, specified arsenic diagnostic support, analytics, and precision medicine, necessitate thorough information connected the diligent and implicit diligent files oregon Electronic Health Records (EHRs).

Co-founder of Autoscriber, Koen Bonenkamp, says, “In practice, we spot that aesculapian practitioners don’t person the clip to capable retired EHRs the mode they are designed. Many invaluable insights to amended healthcare get mislaid due to the fact that information is captured successful a suboptimal format oregon not captured astatine all.” 

And this is wherever Autoscriber looks to marque a difference.

“Reimagining healthcare”

Founded successful 2021 by Jacqueline Kazmaier and Koen Bonenkamp, Autoscriber develops AI-powered code designation and earthy connection processing technologies to extract structured information from conversations betwixt physicians and their patients.

Co-founder Kazmaier says, “Our extremity is to bring the human-centric constituent of aesculapian consultations backmost to the forefront and to marque tedious administrative tasks a happening of the past.”

The company’s “Flow” merchandise allows aesculapian professionals to grounds these conversations utilizing their mobile telephone and get real-time ideas for however to implicit the EHR. And this allows the solution to trim waiting times, cod much data, and heighten the doctor-patient consultation process.

Capital utilisation

Andy Lürling, LUMO Labs Founding Partner, says, “The further backing volition beryllium utilized to velocity up the roll-out and further improvement of the bundle and truthful summation its impact.”

Co-founder Kazmaier says that the pre-Seed circular was their ‘build & learn’ phase. The existent concern volition beryllium ‘validate & optimise’ phase, and successful the pursuing circular the institution volition absorption connected scale. “We person reached the constituent wherever we person proven that the occupation is existent and that what we are gathering tin connection a solution. There is intelligibly a immense request successful the marketplace and a willingness to marque extremist alteration – we conflict to support up with requests for collaborations,” adds Kazmaier.

Autoscriber claims it volition grow its unit to conscionable this demand. Additionally, the company’s determination connected the High Tech Campus and its improvement bureau successful Cape Town volition assistance them to enlistee the indispensable workforce.

About LUMO Labs and BOM

Founded successful 2016 by Andy Lurling and Sven Bakkes, LUMO Labs creates opportunities for impact-driven bundle and astute hardware startups. It invests successful sectors specified arsenic Artificial Intelligence/Data, Blockchain, Internet of Things, Robotics and Drones, and Virtual Reality/Augmented Reality.

Its existent LUMO Fund II is simply a €20M impact-driven multi-stage superior money (pre-seed up to and including Series A). It besides includes a two-year task builder programme to enactment its portfolio companies successful gaining fiscal occurrence arsenic good arsenic societal traction and impact.

The institution backs startups that align with astatine slightest 1 of the 3 UN Sustainable Development Goals: Sustainable Cities & Communities; Good Health & Well-Being; and, Quality Education.

The Brabant Development Agency (BOM) assists entrepreneurs successful receiving the enactment and backing they necessitate to make ‘critical’ technologies, steadfast futures, climate-neutral energy, and sustainable nutrient sources. Additionally, it besides helps successful their improvement into scale-ups and businesses with worldwide aspirations. BOM serves arsenic the enforcement subdivision for the Province of Brabant and the Ministry of Economic Affairs and Climate Policy.