Osborne Clarke advises Brandenburg Kapital on investment in AssistMe

Osborne Clarke has advised the venture capital company Brandenburg Kapital GmbH on its participation in an oversubscribed financing round for the MedTech startup AssistMe.

To further roll out its IoT platform alea in inpatient, outpatient, and clinical care and to establish production in Brandenburg, AssistMe raised EUR 5.2 million in an oversubscribed round. The round was led by Albers Investment, Brandenburg Kapital, and the Family Office Conle. Other existing investors such as Next Big Thing and IBB Capital also significantly increased their commitment.

The igital assistance system alea from AssistMe, aims to support caregivers and improve the quality of care through real-time information on incontinence status, movement patterns, or fall detection. Intelligent sensors, AI-based evaluation, and complete documentation mean time savings and resource conservation.

The current challenges in the care sector, such as staff shortages, increasing demands, and high costs, highlight the need for digital support. AssistMe positions itself with alea as a provider of a solution for more efficient and more affordable care.

Brandenburg Kapital was advised by an Osborne Clarke team led by Dana Alpar and with partner responsibility of Till-Manuel Saur (both Corporate/VC).