叠颈辞尘别诲颈肠补濒听start–up听Adapttech听has raised 拢2 million in a venture capital funding round.听听
The听Birmingham-based firm is creating cutting-edge digital technologies to help with the fitting and monitoring of prosthetic limbs.听听
The round听included new investors ACF Investors, Wealth Club and Wren Capital and was听supported by existing investors including the MEIF Proof of Concept &听Early Stage听Fund听鈥撎�managed听by Mercia and part of the Midlands Engine Investment Fund听鈥� and听Bionova听Capital.听
The new funding will primarily be used for new product developments and to drive sales of the company鈥檚 INSIGHT system, which makes it faster and easier to correctly fit lower-limb prostheses and monitor the rehabilitation process.听
鈥淲e鈥檙e delighted to have secured significant investment from both existing and new investors as we seek to drive sales of INSIGHT,鈥� said Frederico Carpinteiro,听founder听of Adapttech (below).
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鈥淭he funding will also support our plans to develop and release new products, hire key personnel, and prepare our production processes for scale.鈥�听
INSIGHT combines a 3D scanner, sensors, wearable technology and a mobile app to make it faster and easier to reach a comfortably fitting prostheses socket and monitor a patient鈥檚 rehabilitation process.听听
INSIGHT is now generally available, following successful outcome studies at two prosthetics clinics in the United States, where validated tests for health, function, satisfaction and pain level were used to verify the effectiveness of the INSIGHT system.听听
鈥淭his new funding is a significant milestone for听Adapttech, as it represents the company鈥檚 transition from its development and testing phase into a fully commercial operation,鈥� said听chairman听Stuart Mead.听听
鈥淚鈥檓 delighted to say that there was strong interest from investors, both new and existing, and we鈥檙e looking forward to making the next year a landmark one for this company.鈥�听