Tummy Labs brings in SEK 3M more in funding for a mobile tool that helps reduce stomach discomfort.
Tummy Labs, a Göteborg, Sweden-based startup working on a mobile app that helps people with health problems, announced closing a new round of financing totalling SEK 3M ($360k).
The backers include Chalmers Ventures, The Springfield Project and a number of Swedish doctors, and the new capital enables the company to increase the pace of work around adaptation and integration into care.
Tummy Labs, founded in 2015 by CEO Anders Elfving, developed a mobile application that acts as a digital diary for food intake and inconvenience. The records are analysed by mathematical formulas and identify links between foods and disorders. As such, the results become clearer and users can easily associate types of food with increased inconvenience.
Tummy Labs developed its tech in collaboration with researchers at the University of Gothenburg and Sahlgrenska University Hospital. Prior to this deal, the company raised money from local angel investors Anders Nordin and Niels Bosma.