Loewi announces funding
Loewi, the Munich-based startup that’s personalizing nutrition, has raised an undisclosed amount of funding.
Founded in 2018, Loewi is a spin-off of the Technical University of Munich looking to make personalized health and nutrition available to everyone. Users interested in the service have to complete a questionnaire regarding their medical history and provide a blood sample, which is evaluated in a sports medicine lab. After analyzing the results, Loewi creates a nutrition plan along with providing dietary supplements tailored to a user’s needs. Users are then able to track their person progress through regular blood tests. The startup claims that it takes into account more than 9,000 interactions with diseases, medications and allergies for its personalized recommendations.
Loewi can be used on a one-time basis for €199, which includes the blood test, an online report of the results and personalized nutrition recommendations. The startup also offers a subscription plan that costs €75 per month plus €99 for the blood test and includes the actual nutrients and access to a team of nutrition experts.
“Everyone is unique and has different needs. Loewi now considers more than 9,000 interactions and interactions with diseases, medications and allergies in its recommendations. It doesn’t matter whether our customer is a 23-year-old triathlete, a 35-year-old pregnant woman or a 65-year-old diabetic patient. Our recommendation algorithm generates the optimal nutrient supply for every person based on their individual needs. The results of an initial pilot study are promising. Using the Loewis concept, on average, more than 70 percent of customers and patients were able to significantly improve their nutrient balance within three months. We are now focusing on making personalized nutrition and health available to everyone. ” – Philipp Merk, founder and managing director of Loewi.