Adapttech raises £2.25m and launches new range
Biomedical start-up Adapttech has raised £2.25 million from investors including Mercia Asset Management, ACF Investors, Wren Capital, and Wealth Club.
The company has also launched the new Insight Range, a family of products that make it faster and easier to fit lower-limb prostheses and improve patient outcomes.
The new funding will be used by Adapttech to further develop wearable technologies to help people with physical limitations improve their quality of life.
The company’s flagship product, the INSIGHT system, has been upgraded into a full product range, with several new options for O&P professionals, including:
- INSIGHT Sense: a portable, and standalone real-time analysis pressure measurement system; targeted at smaller O&P clinics to reduce hardware costs and help them provide house calls.
- INSIGHT Digitiser: a standalone digitiser for prosthetic sockets that creates high-resolution 3D models; targeted at central fabrication and large O&P clinic groups.
- INSIGHT Pro: combines both the INSIGHT Digitizer and INSIGHT Sense; targeted at larger O&P clinic groups, central fabrication, and research facilities and universities.
Frederico Carpinteiro, CEO, Adapttech, said: “With the new INSIGHT Range, we’re responding to requests for a scanner-less system, reduced hardware costs, and improved data collection. This new funding comes at a time when we are developing exciting new technologies to benefit our O&P clinic customers and their patients. We look forward to continuing our trajectory in growing our revenues, product portfolio, and international business operations.”