French MedTech startup RDS raises €14 million to industrialise MultiSense, a connected patch for remote patient monitoring
A French medical technology startup, RDS, has successfully secured €14 million in Series A funding, a significant step forward for European innovation in healthcare. This investment will primarily fuel the industrialization of their flagship product, MultiSense, a connected patch designed for remote patient monitoring. The development marks a crucial advancement in digital health, offering potential benefits for both patients and healthcare providers across the continent and aligning with Europe's goals for a more digitally sovereign healthcare sector. The funding round, led by the SPI fund managed by Bpifrance, will facilitate RDS's expansion across key European markets, including France and Germany. The MultiSense patch collects vital patient data, enabling real-time monitoring and potentially reducing the need for in-person visits, thereby enhancing patient care while potentially reducing strain on healthcare systems. This technology promises to leverage the benefits of the digital age to improve healthcare delivery, fostering a more efficient and accessible system. The successful funding underscores the growing interest and investment in European MedTech, particularly within the context of digital health. This development is relevant to patients, healthcare providers, and policymakers across Europe, highlighting the potential of technological advancements to improve patient outcomes and bolster the continent's digital sovereignty. It signifies a move toward building a European healthcare system less reliant on external technologies and more geared towards data privacy and control, crucial elements of GDPR compliance. Looking ahead, the industrialization of MultiSense positions RDS as a potential leader in connected health solutions within Europe. The focus on data security and privacy aligns with the stringent regulations prevalent in the region. This successful investment round sets a positive precedent for other European MedTech companies seeking to innovate and scale within the digital health sector.
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