Rotterdam-based tech startup LeQuest raises €7M to expand its presence in medical technology education

Supplier of medical technology education LeQuest has received a €7 million injection from new investors MedFinance and InnovationQuarter and the company’s existing financiers NextGen Ventures, Noaber Ventures and Philips Health Technology Ventures. Hermineke van Bockxmeer, director of Urban Development of Rotterdam congratulates CEO Hicham Shatou with the investment in LeQuest.

Reinventing medical personnel training

LeQuest was founded in 2011 with the mission to reinvent how medical personnel is trained on medical technology. Goal of LeQuest is to improve the quality in healthcare, increase medical technology efficiency and reduce adverse events. LeQuest focuses its simulation-based educational solutions on high risk medical technology in hospitals and more specifically in OR’s, ICU’s and Radiology departments.

Over the last few years LeQuest experienced a strong demand for its services from hospitals as well as manufacturers in order to effectively train and certify healthcare professionals in the use of medical technology. LeQuest is working with Philips, Siemens, Medtronic, GE, and other large medical device manufacturers, and has active users in more than 15 countries in Europe, North- and South-America.

Increasing the quality of care

“We are proud of the strong network of partners and customers we have attracted and together we look forward to increase our impact globally and serve our customers even better in the coming years. This could not have been possible without the strong will of our dedicated and talented team that want to improve the use of medical technology and increase the quality of care.” says Hicham Shatou, founder and CEO of LeQuest.

With this investment round LeQuest will accelerate its growth by intensifying its collaboration with the device manufacturers and expanding its services to hospitals geographically.

Francis Quint, head of InnovationQuarter Capital, is pleased with the opportunity to invest in LeQuest alongside strong consortium partners Noaber/NextGen, Philips Health Technology Ventures and MedFinance:

LeQuest is a good example of how a young, dynamic company can grow from startup to scale-up. The ability to constantly adapt its business model to developments in the market while remaining flexible has brought LeQuest to where it is today. This investment round will enable LeQuest to accelerate its growth together with its strategic partners.

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