Navenio’s ‘Uber-for-indoors’ secures $1.1M funding

Navenio, location tech, NHS

UK healthcare scale-up Navenio, has introduced a $1.1 million (€845Okay) funding from Future Planet Capital to assist speed up healthcare effectivity.

Navenio goals to make use of the funds for its clever workforce resolution, which helps to mitigate an infection and cross-contamination in hospitals.

Dubbed ‘Uber-for-indoors’ for its infrastructure-free indoor location options, the platform is the equal of GPS to be used indoors.

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WHY IT MATTERS

The know-how will cease cross contamination of groups travelling from choose COVID-19 areas to components of the hospital that aren’t treating the virus, a key situation limiting the power of hospitals to proceed different important operations and procedures.

The funding from Future Planet Capital will assist Navenio to not solely mitigate an infection charges in hospitals, however to roll out its know-how to make sure ‘proper particular person, proper place, proper time’, leading to a rise in effectivity.

With hospitals and healthcare methods beneath extra monetary pressure than ever, Navenio claims to sort out the rising price of healthcare with its workforce software, which can enhance office productiveness, releasing up scientific sources for different excessive worth duties.

For the reason that begin of the COVID-19 pandemic, Navenio has fashioned partnerships with a number of NHS organisations, in addition to services administration companies and personal hospital teams. The scaleup has to this point improved inpatient and caregiver expertise and improved effectivity of service traces of healthcare groups.

Plans are set for Navenio to broaden additional at a time the place hospitals can count on increased admittance charges.

THE LARGER CONTEXT

In August, Royal Cornwall NHS belief selected Navenio’s location tech to help radiology portering and repair help groups.

Earlier within the yr, Navenio raised £9 million in Sequence A funding to develop its hospital workforce AI platform.

ON THE RECORD

Douglas Hansen-Luke, govt chairman at Future Planet Capital stated: “Having established partnerships with the NHS, Cleveland Clinic and a number of the world’s largest outsourcers, we consider Navenio is poised to revolutionise healthcare effectivity worldwide. As well as, the core indoor geo-location engine developed at Oxford’s pc science lab, has achieved what competing tech giants within the area haven’t, and we consider this shall be vastly priceless cross-industry.”

Tim Weil, CEO of Navenio, added: “We’re delighted to have acquired this extra funding from Future Planet Capital, topping up our Sequence-A increase from earlier this yr. There is no such thing as a denying that we stay by difficult occasions however right here at Navenio we’re utilizing our know-how to assist and supply profit to the groups which are preventing on the entrance line. Our indoor location and workforce resolution is essential and might play a major position as hospitals expertise the second and even a number of waves of COVID-19 sufferers, guaranteeing that affected person care and staff flows are optimised throughout peak intervals and enabling ‘proper particular person, proper place, proper time’.” 

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