Health

Portuguese startup receives €4.4 million in funding



Portuguese startup knok wants to enter the EU market with a telemedicine platform – and has received 4.4 million euros from the NOS 5G Fund.

As EU-Startups report, the health technology business will invest funds in further developing its 5G-enabled telehealth solutions.

WHY IT IMPORTANT

Founded in Porto in 2015, the company innovative telemedicine platform based on the new 5G mobile phone standard, enabling real-time communication between doctors and patients, 10 times faster than 4G.

Hospitals, healthcare organizations, and insurance companies can use a fully integrated 5G platform to ensure reliable access to healthcare, especially in remote areas. For example, video consultations, AI-based tools for remote patient monitoring, and medical data exchange are supported.

Medical data and documents can be easily and securely shared between patients and their doctors and between professionals in different locations using 5G. Furthermore, an accessible SaaS is also a distinctive feature of the platform

TREND TO BIGGER WOMAN

The 5G-enabled telemedicine solution has established itself as a market leader in Portugal and is actively deployed in 30 facilities in 12 countries worldwide, including Spain and South America. America.

The founders of knok are currently planning to expand the market, initially in Italy, France and the Benelux countries.

ON PROFILE

Jose Bastos, CEO and Co-Founder of knok, told MobiHealthNews: “Our platform is unique because it records more than 30 clinical data points per video consultation. It offers a fully integrated patient journey, including AI triage, web scheduling, online billing, device-free vital signs reading, electronic health records and surveys. health assessment to monitor patient health for preventive action. This creates a lot of value for all stakeholders, namely the hospital and the insurance company.

“Ultimately, providers can deliver effective care, increasing patient satisfaction and engagement; and payers can reduce care costs through chronic disease management and prevention through early detection. ”



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