Sendance, a startup based in Linz, Austria, has announced a new round of funding for its wearable sensor platform. Founded in 2021, the company develops flexible, multi-functional sensor systems for wearable devices, with a particular focus on the medical and assistive equipment sector.
Technology and Applications
Sendance's patented technology allows manufacturers of devices such as orthopedic insoles, prosthetics, and exoskeletons to collect health-related data and improve patient mobility. The system combines a patented sensor grid with a cloud platform, integrating pressure, force, temperature, and motion sensors into wearable devices for medical, sports, and research applications.
Funding and Future Prospects
The investment, structured as a convertible loan, was led by Garage Angels, with participation from Electron Capital Partners. To date, Sendance has raised a total of โฌ2.6 million to support the development of digital health products. The current funding will be used to further develop the sensor and data platform and to expand its adoption among manufacturers looking to add data-driven capabilities to their physical devices.
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