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.
- Website
- adapttech.eu
Key Metrics
Founded Year
2015
Location
Porto, Portugal
Stage
Series A
Total Funding
$7.45M in 3 rounds
Latest Funding Round
Investors
Ranked
39th among 447 active competitors
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 |
View details of Adapttech's funding rounds and investors
Adapttech's founders and board of directors
Founder? Claim ProfileThe founders of Adapttech are Mario Saenz Espinoza and Frederico Carpinteiro.
Here are the details of Adapttech's key team members:
- Mario Saenz Espinoza: Founder - Executive Director of Adapttech.
- Frederico Carpinteiro: Co-Founder & CEO of Adapttech. Contact Info: 1 email address
View details of Adapttech's Founder profiles and Board Members
Adapttech's employee count trend
Adapttech has 6 employees as of Sep 26. Here is Adapttech's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of prosthetic and orthotic solutions, and industrial exoskeletons | $17M | 76/100 | ||
2nd | HyperIce 2011, Irvine (United States), Series C | Internet first brand offering smart devices for physical fitness | $52.5M | 68/100 | |
3rd | Developer of prosthetic to assist knee and ankle movements | $15.5M | 60/100 | ||
4th | Developer of robotic arms for personal assistance and research purposes | $57M | 60/100 | ||
5th | 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 | Manufacturer of 3D printed prosthetics and orthotics | $10.6M | 59/100 | ||
7th | ROM Technologies 2013, Fairfield (United States), Series D | Provider of clinician-controlled at-home physical therapy devices | $533M | - | 56/100 |
8th | Develops robotic assistive technology and commercial cleaning robots | - | 56/100 | ||
9th | PSYONIC 2015, Champaign (United States), Seed | Developer of bionic limbs for people with amputations | $2.19M | 55/100 | |
10th | Wearable Robotics 2014, Pisa (Italy), Series A | Exoskeletons and robotic rehabilitation devices | $8.51M | 54/100 | |
39th | 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
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Adapttech Raises £2.25M in FundingFinSMEs•Apr 06, 2022•Adapttech, Midlands Engine Investment Fund, Mercia, ACF Investors and 2 others
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Biomedical startup Adapttech lands £2 million funding roundAngel News•Mar 26, 2021•Adapttech, Midlands Engine Investment Fund, Bionova Capital, ACF Investors and 2 others
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Adapttech Secures Gbp2m In New FundingPrivate Equity Wire•Mar 23, 2021•Adapttech, Midlands Engine Investment Fund, Bionova Capital, ACF Investors and 2 others
•
Birmingham/Porto-based medtech Adapttech raises £2 millionTech.eu•Mar 23, 2021•Adapttech, Bionova Capital, Mercia, Midlands Engine Investment Fund and 3 others
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Birmingham biomedical start-up gears up for commercial launchBQ (Business Quarter)•Aug 08, 2019•Adapttech, Touch Bionics
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Biomedical Startup Adapttech Raises £1.3M in FundingFinSMEs•Oct 15, 2018•Adapttech, Mercia Technologies, Hovione Capital
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