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Adapttech - About the company

Adapttech is a series A company based in Porto (Portugal), founded in 2015 by Mario Saenz Espinoza and Frederico Carpinteiro. It operates as a Provider of smart prosthetic technology for orthopedic rehabilitation. Adapttech has raised $7.45M in funding from investors like Wren Capital, Mercia and WealthClub. The company has 447 active competitors, including 87 funded and 25 that have exited. Its top competitors include companies like Otto Bock, HyperIce and BionicM.

Company Details

Provider of smart prosthetic technology for orthopedic rehabilitation. In most prosthetics, there is a lack of adaptation between the stump of the amputee and his/her prosthesis socket which causes discomfort. Adapttech uses novel, smart and wearable technologies to deliver full adaptation and greater comfort in a very short period of time.
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Key Metrics
Founded Year
2015
Location
Porto, Portugal
Stage
Series A
Total Funding
$7.45M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
6 as on Sep 30, 2026
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Adapttech's funding and investors

Adapttech has raised a total funding of $7.45M over 3 rounds. Its first funding round was on Oct 15, 2018. Its latest funding round was a Series A round on Apr 06, 2022 for $*****. 4 investors participated in its latest round. Adapttech has 6 institutional investors.

Here is the list of recent funding rounds of Adapttech:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 06, 2022
1609258
Series A
7139505
7123545
6621238
6693982
Mar 23, 2021
9075720
Series A
5167548
2555631
9646423
Oct 15, 2018
6535806
Seed
2152562
9111465
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Adapttech's founders and board of directors

Founder? Claim Profile
The founders of Adapttech are Mario Saenz Espinoza and Frederico Carpinteiro.
Here are the details of Adapttech's key team members:

Adapttech's employee count trend

Adapttech has 6 employees as of Sep 26. Here is Adapttech's employee count trend over the years:
Employee count trend for Adapttech
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Adapttech's Competitors and alternates

Top competitors of Adapttech include Otto Bock, HyperIce and BionicM. Here is the list of Top 10 competitors of Adapttech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Otto Bock
Otto Bock
1919, Duderstadt (Germany), Public
Manufacturer of prosthetic and orthotic solutions, and industrial exoskeletons
$17M
76/100
2nd
Logo for HyperIce
HyperIce
2011, Irvine (United States), Series C
Internet first brand offering smart devices for physical fitness
$52.5M
68/100
3rd
Logo for BionicM
BionicM
2016, Tokyo (Japan), Series B
Developer of prosthetic to assist knee and ankle movements
$15.5M
60/100
4th
Logo for Kinova
Kinova
2006, Boisbriand (Canada), Series B
Developer of robotic arms for personal assistance and research purposes
$57M
60/100
5th
Logo for REEV
REEV
2021, Toulouse (France), Series B
Developer of AI-powered exoskeletons and gait analysis tools for mobility recovery. This company offers a two-step solution for outpatient clinics. The first step involves REEV SENSE, a gait analysis system using wearable sensors to assess patient mobility. The second step utilizes DREEVEN, a smart motorized knee brace that provides robotic assistance, personalized based on the REEV SENSE data. The system aims to improve patient outcomes and daily mobility for individuals with neurological gait disorders. The company's technology helps healthcare professionals efficiently evaluate gait patterns and provide targeted support for rehabilitation.
$12.4M
59/100
6th
Logo for Instalimb
Instalimb
2017, Chiyoda City (Japan), Series C
Manufacturer of 3D printed prosthetics and orthotics
$10.6M
59/100
7th
Logo for ROM Technologies
ROM Technologies
2013, Fairfield (United States), Series D
Provider of clinician-controlled at-home physical therapy devices
$533M
-
56/100
8th
Logo for Cyberdyne
Cyberdyne
2004, Tsukuba (Japan), Public
Develops robotic assistive technology and commercial cleaning robots
-
56/100
9th
Logo for PSYONIC
PSYONIC
2015, Champaign (United States), Seed
Developer of bionic limbs for people with amputations
$2.19M
55/100
10th
Logo for Wearable Robotics
Wearable Robotics
2014, Pisa (Italy), Series A
Exoskeletons and robotic rehabilitation devices
$8.51M
54/100
39th
Logo for Adapttech
Adapttech
2015, Porto (Portugal), Series A
Provider of smart prosthetic technology for orthopedic rehabilitation
$7.45M
41/100
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Adapttech's Investments and acquisitions

Adapttech has made no investments or acquisitions yet.

Reports related to Adapttech

Here is the latest report on Adapttech's sector:

News related to Adapttech

•
Director hire at AdapttechInsider Media•Apr 07, 2021•Adapttech
•
Adapttech Secures Gbp2m In New FundingPrivate Equity Wire•Mar 23, 2021•Adapttech, Midlands Engine Investment Fund, Bionova Capital, ACF Investors and 2 others
•
North America deal for med-tech start-upInsider Media•Aug 19, 2020•Adapttech, Cascade
•
Birmingham biomedical start-up gears up for commercial launchBQ (Business Quarter)•Aug 08, 2019•Adapttech, Touch Bionics
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