EMV Capital Celebrates £1 Million Fundraising for Wanda Connected Health Systems

Highlights

• EMV Capital increases its stake in Wanda Connected Health Systems to 21.9%, now valued at £1.35 million.
• Wanda secures £1 million to enhance AI algorithms, expand in the US, and seek regulatory approvals.
• New partnerships, including with the COPD Foundation, boost Wanda's capabilities in chronic care monitoring.

EMV Capital (LSE:EMVC), a venture capital firm focused on deep technology and life sciences, has announced the successful £1 million fundraising for Wanda Connected Health Systems, a leader in remote patient monitoring (RPM) and virtual healthcare.

Strengthening Stake and Market Valuation
The fundraising round, spearheaded by EMV Capital Partners, has increased EMV’s equity stake in Wanda Connected Health Systems to 21.9%. This translates to a valuation of £1.35 million, marking a substantial return on EMV’s initial investment of £62,000 made earlier this year.

Additionally, third-party investors introduced by EMV Capital have contributed managed assets worth £1.1 million, further demonstrating confidence in Wanda’s growth potential and market relevance.

Driving Innovation in Healthcare Technology
The newly secured funding is earmarked to advance Wanda’s growth strategy across several key areas:

• AI Development: The company plans to enhance its AI algorithms to predict health risks, providing proactive solutions for chronic and acute medical conditions.
• US Market Expansion: Wanda aims to strengthen its presence in the US healthcare market, leveraging its technology to support healthcare providers in improving patient outcomes.
• Regulatory Approvals: A significant portion of the funds will be directed toward securing regulatory approval for cardiovascular risk indicators, further cementing Wanda’s position as a leader in healthcare innovation.

Key Partnerships Boost Capabilities
A spinout from UCLA, Wanda recently announced a strategic partnership with the COPD Foundation. This collaboration enhances Wanda’s ability to monitor and manage chronic lung conditions, aligning with its mission to deliver cost-effective, high-quality care through early detection and intervention.

Commitment to Better Healthcare Outcomes
Wanda Connected Health Systems provides advanced remote patient monitoring and virtual care solutions that help healthcare providers detect and manage health issues early. By combining cutting-edge technology with clinical insights, the platform has proven effective in improving health outcomes while reducing costs for healthcare systems.

EMV Capital’s Role in Supporting Growth
EMV Capital’s involvement in Wanda’s journey highlights its commitment to fostering innovation in healthcare. The venture capital group’s strategic support, coupled with its ability to attract third-party investors, positions Wanda for continued success as it advances its technology and expands its market reach.

Future Prospects for Wanda
With its focus on AI-driven health monitoring, strategic partnerships, and expansion into new markets, Wanda Connected Health Systems is poised to play a transformative role in healthcare delivery. The successful fundraising round provides the resources necessary to accelerate its vision, enabling the company to make meaningful strides in chronic care management and beyond.

As EMV Capital celebrates this milestone, the collaboration between Wanda and its investors underscores the potential of technology to revolutionize healthcare, improving lives while addressing systemic challenges.