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Medical Devices Company Investment Opportunity in Thessaloniki, Greece

Firm with an innovative robotic medical system seeking seed capital.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Medical Devices
Locations  Thessaloniki
Local Time 10:27 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 270 thousand for 20.0% stake (Native Currency: EUR 250,000)
Reason: The funds will be used to complete the industrial design, complete the clinical trials, secure the C... View More
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
Documents
Business Overview

- Have designed an innovative robotic exoskeleton to help stroke victims recover control of their upper limbs.

- The system provides an assisted mobilization path for brain's training.

- The device can be adjusted in any case / stage of hemiplegia and is fully personalized.

- Through the sensors on the exoskeleton, the degree of dysfunction of the upper limb can be calculated in real-time, so the system can help each patient by offering the respective motion assistance gradually, in order to complete the movement.

- A therapist can monitor in real-time, the patient's participation on the movement tasks.

- Have already applied for a patent after completing the prototype.

- The mechanical parts of the prototype have been designed in collaboration with a respected technical university in Greece.

- Seeking capital to complete the industrial design, complete the clinical trials, secure the CE mark and begin commercial production.

- The company is the commercial vehicle of a well respected research institute.

- Promoter team consists of experts in the field of research (including a PhD holder), software-hardware development and medical devices market.

- Are already in collaboration for the clinical trial with three rehabilitation centers in Greece and the Medical School of Athens.

- In addition to this, we are currently collaborating with Harvard Medical School and the Texas Children Hospital for clinical trials in children with cerebral palsy.

- Have already received interest from several medical institutes globally and medical product distributors from Spain and Poland.

- The company has been recognized by the industry and has won a prestigious award for its innovation at an entrepreneurship program.

- Have also received EUR 150,000 in funding from the Government of Greece.

Products & Services Overview

Robotic exoskeleton system for upper limb rehabilitation after a stroke.

Facilities Overview

50 sq. m. of office cum laboratory space. The space is leased and we pay a lease rent of EUR 600 / month.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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