Dutch startup Sencure raises €1.5M to to improve medical wearables for biometric measurements


Sencure, based in Enschede, the Netherlands, is an engineering and design company focused on medical devices for monitoring and diagnostic purposes as well as wearable biometric sensor technology. The company recently raised € 1 million from the Cottonwood Technology Fund. In addition, Lumana Invest contributed € 500,000 to this investment round.

The funds will be used to file patent applications to protect Sencure's unique intellectual property, as well as to develop and launch Sencure's products worldwide.

Fourth impact investment by Cottonwood's third fund

The Cottonwood Technology Fund is an early stage venture capital fund with an investment focus on hard science and deep tech, providing IP-driven companies with (pre) seed capital and early stage financing. It makes impact investments in key technologies such as photonics, micro- and nanoelectronics, advanced materials and nanotechnology, medical technology, cleantech / energy transition, advanced manufacturing and robotics.

According to the VC company, the company mainly invests in the Southwest US (NM, AZ, UT, CO, TX) and Northern Europe (Netherlands, Belgium, Germany, Finland, Sweden, Denmark, Switzerland). The Cottonwood team reviews around 1,500 technologies and companies annually, but only invests in 2 to 3 new disruptive companies per year (0.2% of all opportunities). In total, it results in 8 to 10 investments per year (including the subsequent rounds of Series B, C, D, E, F).

Cottonwood recently launched its third fund - the Cottonwood Technology Fund III. This investment in Sencure is the fund's fourth impact investment.

Further investments by the Cottonwood Technology Fund III include the flexible solar cell company mPower Technology as well as follow-up investments in BayoTech (hydrogen production on site) and Infinitum Electric (disruption of the electric motor market).

The Cottonwood Technology Fund has offices in Santa Fe, New Mexico (USA) and Enschede (Netherlands).

Next generation of wearable biometric solutions

Sencure was founded in 2021 and comes from ItoM Medical BV, a company that was founded in 2018 as the medical branch of the chip development company Semiconductor Ideas to the Market (ItoM) BV

The Dutch startup claims to be developing chips that can be used to measure electrophysiological parameters on the human body in an innovative way. According to the company, the company has developed an extensive library of signal processing algorithms that can be implemented in medical devices on an IP license basis.

Jurryt Vellinga, CEO of Sencure, said: “Sencure will continue to work with ItoM to develop energy efficient, high quality integrated circuits - chips - for measuring physiological parameters such as heart activity (electrocardiogram), muscle activity (electromyography) and brain activity (electroencephalogram). These chips will enable the next generation of wearable biometric solutions and other medical devices required for the growing shift to remote health monitoring and telehealth. "

future plans

According to him, the company's goal in the coming years is to manufacture high-quality sensor products that will have a positive impact on people's health around the world.

Sencure claims to develop an ultra-low power biometric sensor chip that will provide wearable biometric solutions for medical device companies in a variety of applications.

This technology can be used for easier (remote) patient monitoring and diagnosis for heart cases, chronic obstructive pulmonary disease (COPD), pediatric asthma, neurological cases and electroencephalogram recordings (EEG) and enables ventilation and monitoring of vital signs in intensive care units.

It can also be used across products to monitor COVID-19 symptoms, enable better exercise or rehabilitation for athletes, and monitor general stress and activity in people's daily lives.

According to Vellinga, the Sencure team will be expanded in the coming year to accelerate developments. "Our experienced integrated circuit engineering team will be strengthened with experts in the development and marketing of medical devices to develop truly distinctive solutions."

According to him, the company expects the first version of the new chip to be ready in the first quarter of 2022.

Future Hamburg Award 2021

Challenge startups with innovative solutions for future cities from all over the world.

Challenge startups with innovative solutions for future cities from all over the world. Show less
continue reading https://dailytechnonewsllc.com/dutch-startup-sencure-raises-e1-5m-to-to-improve-medical-wearables-for-biometric-measurements/?feed_id=4777&_unique_id=61c44f09de7bb

Commentaires

Enregistrer un commentaire

Posts les plus consultés de ce blog

Projections for the gambling industry for 2022

Image
W. ith 2021, which is almost behind us, it is time to look ahead to 2022. While it will be a few more months, most business people are already planning strategies for what lies ahead. These were exciting years with many unpredictable events and trends. We have seen how digital currencies, virtual reality, esports, live dealer games, IoT and many other technologies have found their place in the industry. The importance of cell phones to the gambling industry has also been shown. What else have the last two years taught us and what can we expect from the next year? The year that everything changed 2020 was a year neither of us was prepared for. Due to the COVID-19 pandemic, the world was closed until mid-March, sporting events were canceled and land casinos closed. The operators were preparing for a difficult time,
Lire la suite

Tremendous scope for India-US cooperation in health technology and pharma, says expert

Image
As the US government stepped up its support to India in its fight against a deadly wave of COVID-19, an Indian public health expert pointed out the enormous scope for collaboration between India and the US on health technology and pharmaceuticals. "Now that we are out of the crisis, health technology and pharmaceuticals are two areas where there is tremendous scope for India-US collaboration," said Indian official Dr. Mrinalini Darswal, who is currently doing a PhD in public health with a focus on COVID-19 at Harvard University, tells. Darswal, a 2002 IAS officer for Odisha cadres, said India had demonstrated its expertise in the health sector, particularly in terms of speed of innovation, manufacturing and cost efficiency. It would be beneficial for the US to leverage India's technical expertise and installed drug manufacturing capabilities to source healthcare equipment, drugs, personal protective equipment and vaccines now at competitive prices, she said. "
Lire la suite

Global Home Sleep Screening Wearable Devices Market Insights Report, Forecast to 2027 – KSU

Image
This latest report on Portable Home Sleep Screening Devices published by Global Market Monitor covers current market dynamics, and offers effective competitive strategies and market guidelines for the majority of practitioners. Get a sample copy of the Wearable Home Sleep Screening Devices Market report at: https://www.globalmarketmonitor.com/request.php?type=1&rid=655284 Main manufacture: To gain an insight into the competitive landscape, the report provides an overview of the major players in the Portable Devices for Home Sleep Screening Market including: ResMed VirtuOx Itamar Medical Royal Philips SleepWorks Cleveland Medical Devices Responsive surface technology Huawei Fitbit This is sleep dreams Garmin Huami ApnoeMed Simmons Bedding Company NovaSom Fossil group Take a look at the comprehensive analysis on different segments: https://www.globalmarketmonitor.com/reports/655284-home-sleep-screening-wearable-devices-market-report.html Home Sleep Screening Wearable
Lire la suite