Munich-based venture capital investor Think Health GmbH,, which specializes in companies in the healthcare sector, has taken a stake in HyHelp AG, Frankfurt, following a capital increase. It now holds almost 30 per cent of the registered share capital.
HyHelp develops smart sensor systems and intelligent software for monitoring hand disinfection. One of the main features is the ease of implementation, removing the need to install a lot of hardware. Hospitals can buy or lease the sensor systems. The business model is rounded off by additional services in maintenance and servicing as well as statistics covering all customer projects.
With the funds gained through the capital increase, HyHelp AG can both continue to drive forward the market launch of its product portfolio in Germany, Austria and Switzerland at high speed, and also boost the further development of the product portfolio.
HyHelp AG was advised in the capital increase by TRACC LEGAL, Munich, led by attorney Dr. Thomas Lotz.