Adapttech

Porto, Portugal Founded: 2015 • Age: 11 yrs
Smart prosthetic technology is developed for orthopedic rehabilitation adaptation.
Annual revenue - Latest available
Total funding $7.4M 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Adapttech

Adapttech is a company based in Porto (Portugal) founded in 2015. Adapttech has raised $7.45 million across 3 funding rounds from investors including Mercia, ACF Investors and Wren Capital. Adapttech offers products and services including Amparo System, Motio Functional Reports, Sockets, Suspension Units, and Trainings. Adapttech operates in a competitive market with competitors including Otto Bock, HyperIce, MedRhythms, KT Tape and Proteor, among others.

  • Headquarter Porto, Portugal
  • Sectors
    Healthcare
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Amparo Prosthetics Ltd
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.45 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.95 M (USD), Series A

    Apr 06, 2022

  • Investors
    Mercia

    & 5 more

  • Employee Count
    Not available
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Products & Services of Adapttech

Adapttech offers a comprehensive portfolio of products and services, including Amparo System, Motio Functional Reports, Sockets, Suspension Units, and Trainings.

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Primary

Innovative technology for quick prosthetic fitting and rehabilitation.

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Wearable devices tracking daily activities for prosthetic users.

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Remoldable sockets for efficient and comfortable fittings.

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Units that secure prosthetics for better mobility.

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Sessions to train clinicians on prosthetic care.

People of Adapttech

Headcount 10-50
Employee Profiles 4
Board Members and Advisors 1
Employee Profiles
People
Sérgio Silva
Chief Technology Officer
People
Inês Antunes
Biomedical Engineer
People
Marilyn T.
CEO (adapttech, Inc)
People
José Oliveira
Embedded System Enginner

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Board Members and Advisors
people
Stuart Mead
Executive Chairman

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Funding Insights of Adapttech

Adapttech has successfully raised a total of $7.45M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.95 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Adapttech

Adapttech has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Mercia, ACF Investors and Wren Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on angel investments
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Venture capital firm investing in seed & early-stage startups
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Investor details for Adapttech

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Investments & Acquisitions by Adapttech

Investments
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Investment portfolio details for Adapttech

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Financial Statements - Adapttech

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Detailed financials for Adapttech

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Adapttech Comparisons

Adapttech Primary company
Description
Smart prosthetic technology is developed for orthopedic reha...
Location
Porto, Portugal
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Adapttech

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Competitors of Adapttech

Adapttech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Otto Bock, HyperIce, MedRhythms, KT Tape and Proteor, among others.

Company Name Domain Founded year HQ Location Description
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Prosthetic and orthotic devices are developed for individuals with disabilities.
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Internet first brand offering smart devices for physical fitness
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Provider of wearable devices to combat neurological injuries and recover walking functions
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Manufacturer of kinesiology tape and related recovery products. It offers a variety of tapes designed for different needs and activity levels, including options for sensitive skin and specific areas of the body. The product line also includes supporting items such as ice sleeves, pain relief gels, and blister prevention products. The company provides educational resources on proper application techniques and offers a mobile application for further support. The focus is on providing solutions for pain relief, muscle support, and recovery from injuries.
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Prostheses and orthoses devices are developed for orthopedic supports.
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Prosthetic legs assisting knee and ankle movements are developed.
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Detailed competitors of Adapttech

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Latest news on Adapttech

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Complete news archive for Adapttech

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Frequently Asked Questions about Adapttech

Adapttech was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Adapttech is headquartered in Porto, Portugal.

Adapttech is a funded company, having raised a total of $7.45M across 3 funding rounds to date.

Adapttech was founded in 2015 in Porto, Portugal, within the medical technology sector. Operations focus on smart prosthetic solutions for orthopedic rehabilitation, addressing discomfort from poor adaptation between amputee stumps and prosthesis sockets. Novel smart and wearable technologies are utilized to achieve full adaptation and enhanced comfort in a short timeframe. Services target improved prosthetic fitting for amputees across Europe.

Adapttech's top competitors include Otto Bock, HyperIce and MedRhythms.

Adapttech offers Amparo System, Motio Functional Reports, Sockets, Suspension Units, and Trainings.

Adapttech has 6 investors. Key investors include Mercia, ACF Investors, Wren Capital, WealthClub, and Bionova Capital.

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