Swedish digital health startup Yazen has secured 50 million euros in funding led by Verdane to accelerate expansion of its weight loss platform across Europe. The round values the company at approximately 182 million euros, up from a previous valuation of 78.4 million euros, representing a 132 percent increase. Yazen's platform utilizes GLP-1 medication prescriptions and digital coaching to support weight management.
The startup plans to use the capital to enhance its technology and grow its user base in key European markets. The funding comes as demand for digital health solutions addressing obesity continues to rise across the continent. Yazen joins a growing cohort of health tech companies attracting significant investment to modernize traditional healthcare approaches.
Source: Sifted · Summarized by HeadlinesBriefing