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Swedish company secures $100 million to scale AI across European healthcare

Nurcin Metingil
Sep 22, 2026 at 11:48
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Stockholm-based healthtech company Tandem Health has raised $100 million in Series B funding led by the Scaleup Europe Fund, managed by EQT, marking the fund’s first investment in healthcare AI. Existing investors Kinnevik, Northzone, Amino Collective, and Visionaries also participated, bringing Tandem’s total funding to $160 million. The company develops an AI medical assistant for clinicians, covering patient summaries, clinical decision support, documentation, and coding, with three Class IIa medical devices certified under the EU Medical Device Regulation. Tandem plans to use the new funding to expand adoption across Europe, grow its clinician-led team, and evolve its AI Medical Assistant into an AI-native Clinic Operating System...

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