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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 offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

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 that enables thus 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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