EGZOTech, a Polish startup founded in 2013, is making waves in the Health Care, Manufacturing, and Robotics industries. Their slogan, "Empowering physiotherapy with robots and electromyography," encapsulates their mission to revolutionize rehabilitation. Their flagship product, Luna EMG, is a rehabilitation robot designed specifically for neurological and orthopedic patients. Luna stands out for its ability to provide force feedback and utilize bioelectric signals to assist patients with muscle atrophy, including conditions such as Duchenne's muscle atrophy and spinal muscle atrophy. The startup secured a recent €1.20M grant investment on 01 April 2021, showcasing growing interest and support for their innovative approach. Although the specific investors behind this recent funding round are not disclosed, it is evident that EGZOTech's groundbreaking work is attracting attention and financial backing. With its focus on addressing critical healthcare needs through cutting-edge technology, EGZOTech demonstrates promising potential for both societal impact and financial returns. As the market for advanced rehabilitation solutions continues to expand, EGZOTech's innovative contributions position the company for an exciting trajectory in the coming years.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | €1.20M | - | 01 Apr 2021 | |
Grant | €645.00K | - | 01 Jun 2020 | |
Grant | €2.07M | - | 01 Sep 2016 | |
Angel Round | €300.00K | - | 01 Nov 2015 | |
Seed Round | Unknown | 2 | Augere Business Angels Network | 01 Jun 2014 |
No recent news or press coverage available for EGZOTech.