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DLA Piper Advises Russia’s E-Health Startup Doc+ on USD 9 Million Funding

DLA Piper Advises Russia’s E-Health Startup Doc+ on USD 9 Million Funding

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DLA Piper has advised Doc+, a Russian digital e-health startup, on a USD 9 million financing from Vostok New Ventures.

Vostok New Ventures is a Swedish venture capital firm, specializing in growth capital and buyout investments, and its existing investors include private equity fund Baring Vostok and Internet company Yandex.

According to DLA Piper, this was the startup’s third investment round, having raised USD 5.5 million and USD 5 million in the previous two rounds from Baring Vostok and Yandex in July 2016 and June 2017 respectively.

Doc+ has also partnered with Yandex.Health, an online medical consultation service.

DLA Piper reports that the new capital injection will be used to develop the application further, explore new trends in digital health services, and advance custom solutions provided by artificial intelligence.

The DLA Piper team consisted of Partner Leo Batalov, assisted by Senior Associate Andrei Sheetkin.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated office in Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru

 

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