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AcceXible Enters the Market in Colombia with Keralty

The Spanish biotech company AcceXible has recently entered the market in Colombia. AcceXible expects to have a turnover of $491,000 (€450,000) in 2022. The company received CE marking on its product a year ago, allowing it to market its platform in the European Union. In Europe, only 20% of people suffering from dementia are diagnosed in the early stages.

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AcceXible makes the leap to Latin America. The Spanish company has entered the market in Colombia with Keralty to carry out clinical trials of its early detection tool for cognitive development, as explained by AcceXible’s CEO, Carla Zaldua.

The company, which specializes in developing a platform for the detection and monitoring of diseases through speech analysis, has already begun its international expansion in the second half of 2021, with a landing in the United Kingdom and the United States.

In May 2021, AcceXible closed a funding round of $873,000 (€800,000), carried out on the crowdfunding platform Crowdcube, and which involved investors from Spain, the UK, Germany, Italy, France, and Hong Kong. Two larger investors then took 5% of the company’s capital. Carla Zaldua and Javi Zaldua, both co-founders of AcceXible, remained as majority shareholders after the financing round.

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AcceXible closed a funding round of $873,000 (€800,000) in May 2021

In addition to this round, since its inception in mid-2017, the company has received $873,000 (€800,000) more through the Neotec program, from the Center for Industrial Technological Development (Cdti), the Ministry of Economic Affairs and Digital Transformation, Enisa, and other partners.

In the coming months, the company will open a $2.2 million (€2 million) financing round with the aim of accelerating market entry and scaling its growth. The company is mainly looking for a large investment partner with expertise in the pharmaceutical or technology sector.

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AcceXible expects to have a turnover of $491,000 (€450,000) in 2022. The company received CE marking on its product a year ago, allowing it to market its platform in the European Union. In Europe, only 20% of people suffering from dementia are diagnosed in the early stages. Its model enables early, non-invasive diagnosis and the possibility of monitoring the evolution of the disease remotely.

In Europe, only 20% of people suffering from dementia are diagnosed in the early stages

Recently, the company has renewed the agreement with Quirónsalud and the Ace Foundation to continue testing its tools in the centers of this hospital group in Spain. Abroad, AcceXible has signed collaborations with Southwestern University (Texas) and another with the British National Health System (NHS).

The company has a team of nine people and is headquartered in Barcelona at Pier01, Tech Barcelona, as well as offices in Bilbao. In the Basque city, AcceXible is located in Innolab, an open innovation center that combines start-ups, SMEs, corporations, universities, and technology centers.

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(Featured image by bergslay via Pixabay)

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.