Tandem Health secures strategic investment from Deutsche Telekom and LG

Stockholm-based health tech startup Tandem Health has secured strategic investors as part of its Series B funding round. The investors include T. Capital (the investment arm of Deutsche Telekom), LG Technology Ventures, and the impact fund Norrsken VC. While the specific investment amounts were not disclosed, the companies were selected for their existing presence within target healthcare systems.

Deutsche Telekom’s involvement is facilitated through T-Systems, which operates medical record systems in over 250 hospitals. LG Technology Ventures aims to provide Tandem Health with access to new customers across Europe, where the South Korean group already supplies care providers. Norrsken VC, Europe’s largest early-stage impact fund, focuses on health as one of its core sectors.