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General

Telefonica sets up Koa Health startup, secures EUR 14 mln funding

Thursday 5 November 2020 | 11:33 CET | News
Telefonica has announced the creation of Koa Health, a digital mental healthcare company spun out from its disruptive technologies unit Alpha. The startup was previously known as Alpha Health and will now continue as an independent company afters securing an initial EUR 14.1 million in Series A funding from Ancora Finance Group and Wellington Partners, on the way to a target of EUR 30 million. Telefonica said Koa Health will be based in the Netherlands, with branches in Barcelona, the UK and the US. It will use the new investment to expand across Europe, the US and Asia, extend clinical

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Categories: General
Companies: Telefonica
Countries: Spain / World
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