Praxa Sense secures investment round: Certified remote patient monitoring within reach

 

Delft, July 2023 – The Dutch MedTech startup Praxa Sense, a company with leading solutions in remote patient monitoring, successfully secured an investment round to enter the commercialisation phase.

This round is led by business angel investor Arthur Oudshoorn together with a group of informal investors. Arthur is an experienced entrepreneur with a proven track record in the biotech market. The benefits Praxa’s revolutionary technology brings to the healthcare market triggered his interest; ”The breakthrough technology that Praxa Sense is providing to the healthcare market will be a game-changer in remote patient care. The enthusiasm with which the product has been received by patients during trials has exceeded all our expectations. I am proud to contribute to this “all Dutch” innovation in healthcare.”

Praxa Sense, founded in 2018 by Leonard Moonen and Liselotte Stolk, initially focused on the early detection of atrial fibrillation. During the covid-crisis the solution was extended to reliably monitor a variety of patients’ vital signs (heart rate, blood saturation, temperature, movement).

Simultaneously a revolutionary new sensor is developed in collaboration with the Delft University of Technology, Fraunhofer and Advico. The sensor is first of its kind insensitive to movement and skin color, essential for reliable monitoring. Longer term, this new sensor also enables ‘certified’ usage in consumer devices such as smart watches. The project was rewarded the #1 position in the prestigious European Eurostars subsidy.

The funds enable both the finalization of CE certification, commercial roll-out as well as the further development of the revolutionary new sensor.

The founders look forward to a bright future. “This enables us to bring our solutions to the market and make a real impact. As pressure on hospital staff grows, reliable remote patient monitoring solutions have become a necessity. We are ready to take the next big step in delivering the required solution” Liselotte Stolk says.

For more information, please contact Liselotte Stolk through info@praxasense.com

Source: praxasense.com

Arthur and Leonard Signing

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