Strolll Secures £10 Million Funding for Growth and Expansion
Deal News | Mar 24, 2025 | Freeths LLP
Leading law firm Freeths has provided legal advisory services to the private equity firm Midven on a significant £10 million funding round directed towards the innovative digital therapeutics start-up, Strolll. Established five years ago, Strolll specializes in using augmented reality to enhance physiotherapy exercises for patients with neurological disorders such as Parkinson's and MS through interactive games. This funding injection is aimed at accelerating Strolll's sales and marketing efforts, expanding its product offerings, and broadening its treatment focus to include a wider spectrum of neural disorders. The Freeths advisory team was spearheaded by Director Michael McMahon, showcasing their expertise in facilitating significant investment deals within the digital therapeutics sector.
Sectors
- Digital Health
- Legal Services
- Private Equity
Geography
- United Kingdom – Freeths, Midven, and Strolll are all based in the UK, making it the geographical focus of the transaction.
Industry
- Digital Health – The article centers around Strolll, a digital therapeutics company using augmented reality to enhance physiotherapy for treating neurological disorders.
- Legal Services – Freeths is involved as a legal advisor facilitating the investment deal, representing the legal services industry.
- Private Equity – Midven, a private equity firm, is making the investment, linking the article to the private equity industry.
Financials
- £10 million – The amount of funding invested by Midven into Strolll.
Participants
Name | Role | Type | Description |
---|---|---|---|
Freeths LLP | Legal Advisor | Company | Freeths is a leading UK law firm advising on the funding round. |
Midven | Investor | Company | Midven is a private equity firm investing £10 million into Strolll. |
Strolll | Target Company | Company | Strolll is a digital therapeutics start-up focusing on augmented reality solutions for neurological disorders. |
Michael McMahon | Lead Advisor | Person | Director of Freeths leading the advisory team on this investment deal. |