Kaido secures £50,000 investment to launch new software

Kaido secures £50,000 investment to launch new software

Digital health and well-being company, Kaido, has successfully secured a £50,000 investment from Creative England’s Interactive Healthcare Programme to accelerate the launch of their new online platform.

This announcement follows an impressive year for Kaido who, after a successful initial round of funding, has been accepted on to the Serendip Smart City Incubator at Innovation Birmingham’s new iCentrum building.

The company will join the Digital Health Quarter and will co-locate with commercial partner, the West Midlands Academic Health Science Network, to market-test and further refine their service.

By using smart technology and access to world leading expertise, Kaido empowers individuals and their communities to make educated lifestyle choices.

Richard Westman, founder at Kaido, said: “We are thrilled to have received this investment from Creative England; which will provide vital support as we continue to develop our software and push it out to market.

“The funding will help considerably as we look forward to joining iCentrum’s Serendip Smart City Incubator; enabling us to further extend our reach and knowledge by working alongside the West Midland Academic Health Science Network and other notable commercial partners.”

Kate Adam, programme manager at Creative England, said: “The West Midlands Interactive Healthcare Fund is for small creative and digital businesses who wish to bring innovative concepts to the NHS marketplace and we are delighted to be able to support Kaido with this investment at such a crucial stage of their development. 

“We were really impressed with the team and the potential of the platform and the commercial partnerships.  We look forward to hearing about their progress.”