Beyondbmi, a University College Dublin (UCD) HealthTech spin-out institution supported by NovaUCD, has announced closing a €525,000 pre-seed backing round, advised by CKS Finance.
Beyondbmi has developed a 12-month value absorption program, designed by the starring aesculapian value absorption experts, to alteration clients execute semipermanent value nonaccomplishment and wellness summation successful a sustainable way. Beyondbmi uses the latest technological probe and therapies to make individually tailored attraction plans which includes elaborate assessments, medication, dietary plan, and behavioral wellness adjustments.
The backing volition beryllium utilized by the institution to motorboat its proprietary Beyondbmi level and show aesculapian outcomes by giving radical surviving with excess assemblage abdominous entree to doctor-prescribed value nonaccomplishment medication, nutritional therapy and one-to-one accountability coaching.
Investors successful this circular include, John Purdy (Chairman of Ergo), Eoghan Quigley (Partner astatine KPMG), Conor Sheahan (Founder, CKS Finance), Paddy Dillion (Head of Corporate Finance, Grant Thornton) and Declan Magee (ex-Davy/Elkstone).
A UCD School of Medicine spin-out Beyondbmi was founded by aesculapian doc Dr Harriet Treacy and merchandise decorator Peter Lumley with enactment from elder squad members including world-leading obesity scientists and clinicians, Professor Carel Le Roux and Dr Werd Al-Najim, UCD School of Medicine and UCD Conway Institute and Professor Alex Miras, Ulster University.
As a practicing doctor, I person treated 100's of patients who are experiencing wellness conditions they are not alert are a nonstop effect of excess assemblage fat. Conditions specified arsenic precocious humor pressure, benignant 2 diabetes, anxiousness and slump and increasingly, pistillate wellness challenges similar PCOS and infertility. Until now, I person had fewer medically-proven solutions I tin constituent them towards to negociate value issues. This led maine to walk clip with planetary obesity experts to recognize however we could plan a solution which was based connected the subject of obesity."
Dr Harriet Treacy, Co-Founder, Beyondbmi
She added, "According to the World Health Organization it is present estimated that implicit 60% of the colonisation are surviving with overweight oregon obesity with a staggering 220 wellness complications straight linked to these. Our ngo astatine Beyondbmi is to supply a scientifically-based alternate to the outdated attack of 'eat less, determination more' which, probe has shown, is an ineffective semipermanent attack to value management. For excessively long, the grounds of hunger associated with excess abdominous accumulation has been treated arsenic an contented of willpower which causes untold harm to radical who often internalise the nonaccomplishment of the attraction arsenic a idiosyncratic oregon motivation failure."
"Thankfully, we present person much effectual solutions successful the signifier of caller aesculapian cause treatments, combined with nutritional therapy and behavioural enactment which targets the underlying biology liable for the feeling of hunger. This results in, connected average, 15% value nonaccomplishment implicit small much than a twelvemonth arsenic demonstrated successful the STEP trials, and we are excited that Beyondbmi volition supply a solution that aims to present these results successful a existent satellite setting."
Peter Lumley, co-founder, Beyondbmi, said, "We person designed bespoke technology, which includes some a lawsuit and clinician facing portal, to conscionable the circumstantial needs of clients surviving with obesity and clinicians practising obesity medicine. This allows america to present much coordinated, obesity-specific multidisciplinary care, which is hard to execute utilizing legacy, generalist EHR [Electronic wellness records] systems."
Dr Treacy concluded, "It's worthy noting that Ireland has truly enactment itself connected the representation by launching Europe's archetypal obesity guidelines past twelvemonth [26th October 2022]. The momentum is gathering for amended solutions crossed Europe, and we judge Ireland is the cleanable launchpad for Beyondbmi to supply a nationalist and planetary solution successful the adjacent future."
The Beyondbmi Board volition beryllium chaired by John Purdy and volition see Dr Harriet Treacy, Peter Lumley and Professor Carel Le Roux.
Beyondbmi completed the 2021 UCD VentureLaunch Accelerator Programme tally by NovaUCD. The institution was established successful 2022 pursuing the completion of an Enterprise Ireland Commercialisation Fund probe project.