Infection Control Technology Company Hand-In-Scan Closes Series A Funding Round

The Hungarian startup, capital investment of DBH Group has achieved outstanding result in the recent times both in Hungary and abroad. Now the success story continues. Yesterday Hand-In-Scan announced the closing of an investment of $1.45M.

The proceeds will be used to expedite commercialization of HandInScan’s flagship product, the Hand-in-Scan Medical Trainer, and to further develop its disruptive technology and service portfolio.

The team received the best Hungarian startup award at the V4 Startup competition in Rotterdam, 2014, besides other significant Hungarian and international recognitions. Their success is undiminished, on 6th of January 2016 the company announced the closing of an investment of $1.45M by Perion Investment Fund.

Dr. Tamas Haidegger, CEO of HandInScan said, “We are proud to join forces with Perion Investment, whose team has great experience in supporting companies towards commercialization and shareholder’s value creation. We are also very grateful to our early stage partner, DBH Investment, who supported the company from the concept and start-up phase through product development, up to this point where we are ready to commercialize our products and services portfolio. As a result, we were able to close a successful series A investment round.”

Dr. Lászlo Ürge, Board member at DBH Investment and HandInScan told, teaming up with the professional team of Perion will be a good basis for continuing the corporate strategy. It also underlines that the early stage and high risk part of the corporate life cycle for HandInScan was managed successfully and professionally. Perion can further support the next phase of Hand-In-Scan’s life cycle when it will be turned from an R&D focused operation into a fully integrated health technology company.

The health-tech company offers an innovative device for providing immediate quality-assured feedback regarding hand hygiene. It is designed to help people learn the technique for proper hand hygiene.

Hand-In-Scan

The product is spreading around the world faster than ever before due to the recent investment. You can read more about it on the following sites:

Yahoo!
Reuters
MarketWatch
Yahoo! Singapore
Boston Globe
TheStreet.com
Seeking Alpha
Business Review (Albany)
New Mexico Business Weekly
Atlanta Business Chronicle
Austin Business Journal
Baltimore Business Journal
Birmingham Business Journal
Boston Business Journal
Business First of Buffalo
Charlotte Business Journal
Chicago Business News
Cincinnati Business Courier
Business First of Columbus
Dallas Business Journal
Dayton Business Journal
Denver Business Journal
Houston Business Journal
Jacksonville Business Journal
Kansas City Business Journal

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