EIC and CUF bring health startups to Lisbon for investor matchmaking

Brussels, December 21st 2022
Summary
  • On 30 November 2022 the European Innovation Council and CUF held an investor matchmaking day in Lisbon focused on Medtech, E‑Health and Biotech and Pharmaceuticals.
  • The event matched 19 EIC-backed beneficiaries with more than 20 European investors and included one-to-one meetings and a tour of CUF Tejo Hospital of the Future.
  • Three pitching-session winners were Omnix Medical in Biotech and Pharmaceuticals, Medicsen in Medtech, and Altratech in E‑health.
  • CUF framed the collaboration as part of its innovation strategy but hospital interest in pilots does not guarantee procurement or clinical adoption.
  • The EIC Business Acceleration Services Investor Programme provides pitching and matchmaking channels but securing investment and scaling remains an uncertain process.

EIC x CUF Investor Day in Lisbon: health startups meet a major hospital operator

On 30 November 2022 the European Innovation Council, together with Portuguese private hospital group CUF, ran an investor matchmaking event in Lisbon. The day was billed as an opportunity for EIC-backed innovators working in Medtech, E‑Health and Biotech and Pharmaceuticals to pitch to prominent European investors. The programme combined pitching sessions with private one-to-one business meetings and a guided visit to CUF Tejo Hospital of the Future.

ItemFigure or detail
Event date30 November 2022
LocationLisbon, Portugal
EIC beneficiaries pitching19
Investors attendingOver 20 European investors
Sectors targetedMedtech, E‑Health, Biotech and Pharmaceuticals
Additional activitiesPrivate one-to-one meetings, CUF Tejo Hospital tour

Why CUF hosted the event and what it seeks from startups

CUF at a glance:CUF is the largest private hospital operator in Portugal and part of the José de Mello SGPS group. With 77 years of history the network runs 21 healthcare units including ten hospitals and ten clinics and employs more than 11,000 people. CUF positions innovation as central to clinical practice and management and pursues partnerships with universities, research institutes and startups to complement internal competencies.
Hospital of the Future tour:Participants were offered a tour of CUF Tejo which CUF describes as a Hospital of the Future. While organisers did not publish a detailed itinerary the term typically covers digital patient records, telemedicine suites, integrated diagnostics, remote monitoring and piloting of AI tools. Such tours aim to expose startups and investors to real clinical environments but do not by themselves translate into procurement or regulatory clearance for devices or software.

CUF staff who spoke at the event framed it as a way to accelerate adoption of proven market solutions into clinical workflows. Miguel Aguiar, Head of Digital Transformation at CUF, said that the EIC and SME ecosystem can help CUF improve patient care by bringing mature solutions that integrate with existing technology. Dr Micaela Monteiro, Chief Medical Officer for Digital Transformation, said the partnership gave CUF access to highly competent companies and helped them add new competencies to their core clinical capabilities.

Who pitched and who gained attention

Pitching sessions were organised by sector and a winner was chosen in each of the three streams. The event also included pre-pitch mentoring and preparation under the EIC Investor Programme. Winners highlighted investor exposure and validation as immediate value from the day.

SectorWinnerRepresentative and roleKey takeaway from winner
Biotech and PharmaceuticalsOmnix MedicalNiv Bachnoff, CSOCalled the EIC Investor Programme an important validation engine and praised investor attendance and pre-pitch mentoring
MedtechMedicsenEduardo W. Jorgensen, CEO & Co-founderSaid the event was well timed as the company prepared a Series A round and valued EIC as a trusted source
E‑HealthAltratechTim Cummins, CTOHighlighted exposure to strategic investors and top European VCs as the main benefit

Quotes from participants capture the mix of practical aims and expectations. Niv Bachnoff of Omnix Medical said that having a strong list of investors made participation essential and that the EIC programme served as an important validation engine. Eduardo Jorgensen at Medicsen noted that the event was the perfect place to meet investors given Medicsen was opening a Series A round. Tim Cummins at Altratech emphasised the benefit of meeting many top European VCs in one place.

What the EIC Business Acceleration Services Investor Programme provides

EIC Investor Programme explained:The EIC Business Acceleration Services runs an Investor Programme that connects EIC beneficiaries with business angels, venture capital funds and corporate venture arms. Activities include monthly ePitching events and larger in‑person Investor Days where companies pitch in competitions, receive mentoring and meet investors in private meetings. The service is part of the EIC's wider effort to increase private capital flows into deep tech startups in Europe.

The programme helps companies with investor readiness and provides curated introductions. That said matching events are an early stage in the funding funnel. Meeting investors does not guarantee term sheets or follow‑on funding and many startups need multiple rounds of traction to close Series A or larger rounds.

Analysis and implications for innovators and hospital partners

Matchmaking days such as the EIC x CUF Investor Day serve several functions. They offer startups visibility and a forum to test pitch narratives. They allow hospital operators to scout possible pilots and form procurement relationships. They also act as a signal to later stage investors that a company is part of an accredited innovation pipeline. However there are limits. A curated investor pool of around 20 actors is useful but small. Clinical validation, regulatory clearance and integration into hospital IT systems remain major barriers after initial interest. Hospitals can pilot many solutions but only a subset will pass clinical, procurement and reimbursement filters.

Practical advice for startups:Prepare for investor meetings by showing measurable clinical and economic outcomes, a clear regulatory pathway for medical devices or software as a medical device, and evidence of integration capability with electronic health records. Use hospital pilots to collect structured data and to test implementation logistics but set realistic timelines for procurement and scaling.

Next steps and further information

Organisers signalled that a post‑event video would be published. For innovators seeking comparable opportunities the EIC Business Acceleration Services continues to run ePitching sessions and Investor Days. Hospital groups and investors should treat matchmaking events as a starting point rather than a guarantee of adoption or funding.

For background reading consult the EIC Business Acceleration Services pages on investor matchmaking and CUF's public information on its hospital network. CUF also publishes information on the Tejo hospital and its digital transformation activities.