Sendance secures investment to grow wearable sensor and data platform
Sendance, an Austrian startup focused on wearable sensor and data platform technology for the health sector, has secured new investment to fuel its growth. This funding, structured as a convertible loan from Garage Angels with prior participation from Electron Capital Partners, brings the company's total raised to €2.6 million. The investment is earmarked for advancing Sendance's digital health product development and expanding its market reach. Founded in 2021, Sendance has developed a patented, flexible, multi-functional sensor system designed for integration into wearable medical devices and assistive equipment. This technology platform allows manufacturers of orthopaedic insoles, prosthetics, and exoskeletons to embed sophisticated sensing capabilities, enabling the collection of crucial health-related data to improve mobility outcomes. The system, which combines a proprietary sensor grid with a cloud platform, supports the entire product lifecycle from design to production, facilitating real-time data analysis for enhanced product performance. Sendance's innovative solutions are already seeing international adoption, with the first products featuring their technology entering the market. The company aims to empower manufacturers seeking to integrate data-driven insights into physical devices and pioneer new methods for analyzing health and mobility data, underscoring a trend towards smarter, more connected assistive and medical equipment within Europe.
Curated and translated by Europe Digital for our multilingual European audience.
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