About Mode Sensors
Mode Sensors is a company based in Trondheim (Norway) founded in 2016 by Gøran van den Burgt, Oleg Zero, Martin Engebretsen, and Magnus Nordahl.. The company has 11 employees as of December 31, 2021. Mode Sensors offers products and services including Re:Balans Device. Mode Sensors operates in a competitive market with competitors including Ekso Bionics, SafelyYou, Epicore Biosystems, Nix and CarePredict, among others.
- Headquarter Trondheim, Norway
- Employees 11 as on 31 Dec, 2021
- Founders Gøran van den Burgt, Oleg Zero, Martin Engebretsen, Magnus Nordahl
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
$1.58 M (USD)54as on Dec 31, 2021
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Net Profit
$-584.68 K (USD)9as on Dec 31, 2021
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EBITDA
$-584.68 K (USD)9as on Dec 31, 2021
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Latest Funding Round
$52.86 K (USD), Grant
Feb 28, 2023
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Investors
European Union
& 1 more
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Employee Count
11
as on Dec 31, 2021
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Products & Services of Mode Sensors
Mode Sensors offers a comprehensive portfolio of products and services, including Re:Balans Device. 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.
Wearable for real-time hydration tracking and alerts in patients.
Funding Insights of Mode Sensors
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $52,863
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First Round
First Round
(01 Mar 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Grant - Mode Sensors | Valuation |
investors |
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| Mar, 2021 | Amount | Grant - Mode Sensors | Valuation |
investors |
| 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 Mode Sensors
Mode Sensors has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Mode Sensors
| 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 - Mode Sensors
| 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 |
Mode Sensors Comparisons
Competitors of Mode Sensors
Mode Sensors 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 Ekso Bionics, SafelyYou, Epicore Biosystems, Nix and CarePredict, 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 |
Exoskeletons for medical rehabilitation and industrial productivity are provided.
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| domain | founded_year | HQ Location |
AI-based fall detection and prevention technology is provided for clinics.
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| domain | founded_year | HQ Location |
Wearable sweat-based microfluidic sensing systems are provided for health monitoring.
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| domain | founded_year | HQ Location |
Sweat-based biosensors are provided for body hydration monitoring.
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| domain | founded_year | HQ Location |
Senior activities are monitored via AI wearables to detect anomalies.
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| domain | founded_year | HQ Location |
Wireless headphone systems for seniors with hearing loss are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Mode Sensors
When was Mode Sensors founded?
Mode Sensors was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Mode Sensors located?
Mode Sensors is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.
Who is the current CEO of Mode Sensors?
Lars Lydersen is the current CEO of Mode Sensors.
How many employees does Mode Sensors have?
As of Dec 31, 2021, the latest employee count at Mode Sensors is 11.
What is the annual revenue of Mode Sensors?
Annual revenue of Mode Sensors is $1.58M as on Dec 31, 2021.
What does Mode Sensors do?
Mode Sensors provides a Gecko patch for hydration monitoring. The patch is wearable and it is provided for the elderly. It is inbuilt with sensors for the detection and monitors the hydration using clinical methods.
Who are the top competitors of Mode Sensors?
Mode Sensors's top competitors include Ekso Bionics, SafelyYou and Nix.
What products or services does Mode Sensors offer?
Mode Sensors offers Re:Balans Device.
Who are Mode Sensors's investors?
Mode Sensors has 2 investors. Key investors include European Union, and EIC Fund.