Tandem Health raises €86.49 million in Series B round

Stockholm-based health tech startup Tandem Health has raised €86.49 million, or about $100 million, in a Series B funding round, according to ChainCatcher. The round was led by Scaleup Europe Fund, which is backed by EQT. Existing and participating investors included Kinnevik, Northzone, Amino Collective, and Visionaries. Following the new financing, Tandem Health’s total funding has reached €138 million, or roughly $160 million. The company is based in Stockholm, Sweden, and the deal adds another large funding round to the health technology sector in Europe.