UK-based healthtech company Psyomics has closed a £2.4 million funding round led by Parkwalk, a UK investor in the university spin-out sector.
Meltwind and other investors also participated, along with new investment from Newable Ventures.
Psyomics was spun-out from the University of Cambridge with a mission to develop technology to support earlier and improved mental health diagnosis and treatment management. With significant pressure on the NHS and other resources in recent years, there’s been a greater need for solutions when it comes to mental health, to ensure that people get the support they need, when they need it.
Built by psychiatrists and psychologists, its mental health assessment platform Censeo mirrors the rich process of a comprehensive face-to-face assessment, in a digital form. Users are guided through a series of adaptive questions to build a detailed picture of their mental health symptoms and concerns. A report that is composed of potential conditions and next step recommendations is then generated, providing patients a stigma-free way to begin addressing any concerns.
