Air quality is deteriorating every single day due to the ever-rising pollution. This situation is resulting in increased respiratory conditions. To combat the issue, many startups are employing smart devices and smartphones to monitor respiratory diseases via apps.
NuvoAir raised €2.67M funding
NuvoAir based in Stockholm is a digital therapeutics startup founded in 2015 by Lorenzo Consoli to tackle this issue. Now, NuvoAir has raised $3 million (nearly €2.67 million) funding from a venture capital firm Industrifonden, which is a large first science and tech investor in the Nordics. Also, the startup’s existing investor Investment AB Spiltan also participated in the funding round.