Medteria Raises 140 Million Yen To Expand Medical Communication Cloud
The round is a bet that a community platform already holding tens of thousands of medical users can convert that base into paid B2B services for hospitals and healthcare companies, rather than monetizing the consumer side directly.
Reporting from 1 source: ASCII.jp.
Medteria Inc. raised 140 million yen through a third-party allotment of shares worth 100 million yen and a 40 million yen capital loan from the Japan Finance Corporation, bringing cumulative funding to 240 million yen. The Fukuoka-based company will put the money into product development for its medical communication cloud, used by roughly 60,000 healthcare professionals and medical students, and into B2B work including recruiting support, ad delivery, and research and marketing support.
The third-party allotment subscribers include Sagin Capital & Consulting, the venture capital arm of the Saga Bank Group, along with individual investors drawn from Japanese listed companies and the medical field. Among them are Change Holdings founder Taishi Fukutome, physician Goichiro Toyoda, Medley open innovation partners Goichiro Toyoda and Shuhei Fujimoto, and Fusic co-founders Sadayoshi Notomi and Yoichiro Hamazaki. The Japan Finance Corporation loan is part of a program meant to shore up the financial base of startups and companies developing new businesses.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.