Oviva secures €200 million to expand AI-enabled healthcare across Europe

Oviva, a leading European provider of digital, reimbursed care for weight-related and chronic conditions, has secured €200 million in a Series D financing round led by Kinnevik with participation from Planet First Partners, A.P. Moller Holding, Lunate, EGS Beteiligungen AG, and Norrsken VC.

The company also received continued support from existing investor Sofina.

The financing is one of the largest growth rounds in the European digital health sector in recent years.

Law firm Lenz & Staehelin acted as lead counsel to Oviva. The firm’s team was led by Beat Kühni (corporate and M&A) and included Joël Rupp, Julia Clara Wepfer, Rebecca Khan, Lisa Söll, Alessandro Trillini (all corporate and M&A), Lukas Aebi, Stephan Brandner (tax), Lukas Staub and Jil Eichenberger (regulatory).