ABLE Human Motion
- hard tech
- horizon europe
- sustainable development goals
- spinout
- eit ecosystem
- eit health
- seal of excellence ec
- tech for hospitals & clinics
- physician support tools
- eit kic partners
- medical robots
- rehabilitation
- mentoring and coaching network (eit health)
- treatment assistance
- exoskeleton
- caixa impulse (eit health)
- start-up-driven projects 2020 (eit health)
- headstart 2018 (eit health)
- start-up-driven projects (eit health)
- spinal disease
- innovation projects (eit health)
- robotic rehabilitation
- caixa impulse 2017 (eit health)
- innovation projects 2020 (eit health)
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
Revenues | - | <1m | <1m | - |
% growth | - | - | (97 %) | - |
EBITDA | (<1m) | (<1m) | (<1m) | (<1m) |
% EBITDA margin | - | - | (7044 %) | - |
Profit | (<1m) | <1m | (<1m) | (<1m) |
% profit margin | - | 101 % | (2411 %) | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€100k | Grant | ||
€500k | Grant | ||
€300k | Grant | ||
€60.0k | Grant | ||
* | N/A | N/A | Convertible |
Total Funding | €1.9m |
Related Content
Recent News about ABLE Human Motion
EditABLE Human Motion is a Barcelona-based startup focused on developing innovative robotic exoskeletons designed to help people with lower limb paralysis regain their ability to walk. The company’s flagship product, the ABLE exoskeleton, stands out for being lightweight, easy to use, and affordable. This medical device is aimed at individuals who have suffered spinal cord injuries, strokes, or other conditions that result in lower limb paralysis.
The primary clients for ABLE Human Motion are healthcare providers, rehabilitation centers, and individuals with mobility impairments. The company operates in the healthcare and medical technology market, specifically within the niche of assistive technology and neurorehabilitation. By offering a product that enhances mobility, ABLE Human Motion aims to significantly improve the quality of life for its users.
ABLE Human Motion’s business model revolves around the sale and distribution of its exoskeletons. The company generates revenue by selling these devices directly to rehabilitation centers and healthcare providers, as well as through partnerships with clinical partners and distributors. Additionally, the company may offer training and support services to ensure the effective use of their exoskeletons.
The market for assistive technology and medical devices is growing, driven by an aging population and increasing incidences of mobility impairments. ABLE Human Motion is well-positioned to capitalize on this trend with its innovative and user-friendly exoskeleton.
In summary, ABLE Human Motion is a pioneering company in the field of healthcare robotics, dedicated to restoring the ability to walk for individuals with lower limb paralysis through their advanced, affordable, and easy-to-use exoskeletons.
Keywords: exoskeleton, lower limb paralysis, spinal cord injury, stroke, rehabilitation, assistive technology, medical device, healthcare robotics, affordable, innovation.