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Cera raises £263m for digital care platform

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London-based digital health startup Cera Care Limited has raised $320m (£263.6m) in an equity and debt funding round, with the goal of increasing the number of patients it serves from 15,000 to 100,000. Based in the UK and with some operations in Germany, Cera's digital platform provides services such as prescriptions home deliveries and nursing care based on data analysis. Cera nurses perform at-home appointments where patient data is collected and studied by AI algorithms. Cera claims its AI tech can predict patient health deterioration before it occurs and therefore reduce the need for hospitalisation. The company says this can reduce the strain on NHS services and free up hospital beds and care capacity.