Source: Fintech Global
European automated compliance platform Naq, has successfully secured a significant €3m (£2.6m) investment, marking a pivotal step in the advancement of healthcare and medical compliance across the UK and the EU.
Based in Amsterdam and London, Naq was co-founded by Nadia Kadhim, a GDPR Lawyer celebrated as a Forbes 30 under 30 laureate, and Chris Clinton, a former cyber security expert at NATO and BAE Systems. This funding announcement arrives amidst a challenging climate for start-ups, particularly those spearheaded by female entrepreneurs, in securing investments; a notable statistic reveals that less than 2% of European Venture Capital Funding is allocated to female founders.
Reflecting on the journey and the path ahead, Naq CEO and co-founder Nadia Kadhim stated, “Nearly 50% of healthcare solutions fail to make it to market due to the complex regulatory and compliance challenges they face. Those who choose to take on this complexity face overwhelming amounts of manual work and huge sums spent on consultants.
“That’s why we built Naq: to empower innovators in the UK and Europe to bring their solutions to market by simplifying their compliance with the frameworks required to operate in the healthcare sector.”
Read full article: https://fintech.global/2024/01/25/regtech-naq-secures-e3m-in-oversubscribed-round/
