Birmingham’s Adapttech Raises £2.25M For Prosthetic Technology
04/06/22, 11:54 AM
Location
Money raised
£2.25 million
Round Type
seed
Biomedical startup Adapttech has raised £2.25m in funding from investors Mercia Asset Management, ACF Investors, Wren Capital and Wealth Club.
Company Info
Location
birmingham, alabama, united states
Additional Info
The Birmingham-based startup combines the use of 3D scanning with dynamic pressure data with the goal of saving time and costs for orthotics and prosthetics clinics. Alongside Adapttech’s funding, it has also announced several new products including a real-time analysis pressure measurement system and a digitiser for prosthetic sockets that creates high-resolution 3D models.“The unique IP at the heart of Adapttech’s products means there is a great opportunity for the company to become a leader in the orthotics and prosthetics industry, with smart technologies that are improving the quality of life for users,” said Paul Fauset, partner at ACF Investors. Adapttech will use the funding to continue developing smart, wearable technologies to help people with physical limitations improve their quality of life.