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
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Sectors
HealthcareTechnology
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Phone
*********
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Website
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Social
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- Legal Name Amparo Prosthetics Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.45 M (USD)
in 3 rounds
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Latest Funding Round
$2.95 M (USD), Series A
Apr 06, 2022
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Investors
Mercia
& 5 more
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Innovative technology for quick prosthetic fitting and rehabilitation.
Wearable devices tracking daily activities for prosthetic users.
Remoldable sockets for efficient and comfortable fittings.
Units that secure prosthetics for better mobility.
Sessions to train clinicians on prosthetic care.
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Software Development Team
2 people
Leadership Team
1 people
Biomedical Team
1 people
Embedded Team
1 people
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $2.9M
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First Round
First Round
(15 Oct 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2022 | Amount | Series A - Adapttech | Valuation |
investors |
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| Mar, 2021 | Amount | Series A - Adapttech | Valuation | ACF Investors , WealthClub | |
| Oct, 2018 | Amount | Seed - Adapttech | Valuation | Mercia |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on angel investments
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Founded Year | Domain | Location | |
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Venture capital firm investing in seed & early-stage startups
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Adapttech
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Adapttech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adapttech Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Prosthetic and orthotic devices are developed for individuals with disabilities.
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| domain | founded_year | HQ Location |
Internet first brand offering smart devices for physical fitness
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| domain | founded_year | HQ Location |
Provider of wearable devices to combat neurological injuries and recover walking functions
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Prostheses and orthoses devices are developed for orthopedic supports.
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| domain | founded_year | HQ Location |
Prosthetic legs assisting knee and ankle movements are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adapttech
Frequently Asked Questions about Adapttech
When was Adapttech founded?
Adapttech was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Adapttech located?
Adapttech is headquartered in Porto, Portugal.
Is Adapttech a funded company?
Adapttech is a funded company, having raised a total of $7.45M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.73M, raised on Oct 15, 2018.
What does Adapttech do?
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.
Who are the top competitors of Adapttech?
Adapttech's top competitors include Otto Bock, HyperIce and MedRhythms.
What products or services does Adapttech offer?
Adapttech offers Amparo System, Motio Functional Reports, Sockets, Suspension Units, and Trainings.
Who are Adapttech's investors?
Adapttech has 6 investors. Key investors include Mercia, ACF Investors, Wren Capital, WealthClub, and Bionova Capital.
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