munevo

Munchen, Germany Founded: 2018 • Age: 8 yrs
Smart wheelchairs for mobility-impaired users are controlled via head movements.
Annual revenue - Latest available
Total funding $2.9M 1 rounds
Employees 22 Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About munevo

munevo is a company based in Munchen (Germany) founded in 2018 by Aashish Trivedi, Deepesh Pandey, and Claudiu Hidas. munevo has raised $2.92 million across 1 funding round from investors including be-exponential, BabyBG and Bayern Kapital. The company has 22 employees as of December 31, 2021. munevo offers products and services including munevo DRIVE, munevo PHONE, munevo HOME, and munevo ARM. munevo operates in a competitive market with competitors including Arcatron, WHILL, Kalogon Smart Cushion, Shanghai Bangbang Robot and Haltija, among others.

  • Headquarter Munchen, Germany
  • Employees 22 as on 31 Dec, 2021
  • Founders Aashish Trivedi, Deepesh Pandey, Claudiu Hidas
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Munevo Gmbh
Operational Areas
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
    $2.92 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.92 M (USD), Seed

    Oct 15, 2022

  • Investors
  • Employee Count
    22

    as on Dec 31, 2021

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Products & Services of munevo

munevo offers a comprehensive portfolio of products and services, including munevo DRIVE, munevo PHONE, munevo HOME, and munevo ARM.

Product name locked
Category locked
Primary

Smart head control system for operating power wheelchairs via head movements

Product name locked
Category locked
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Accessory to operate smartphones from wheelchair controls

Product name locked
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Feature for integrating home devices with wheelchair system

Product name locked
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Component for additional wheelchair functionality and control

People of munevo

Headcount 10-50
Employee Profiles 4
Board Members and Advisors 3
Employee Profiles
People
Aashish Trivedi
CTO & Co-Founder
People
Lavita Talukdar
Senior Software Development Engineer
People
Claudiu Hidas
CEO
People
Jean Alummoottil
Embedded System Engineer

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Board Members and Advisors
people
Michael Friebe
Advisor, Medical Technology
people
Stefan Madaus
Advisor, Medical Technology
people
Horst Penkert
Advisor, Neurology

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Funding Insights of munevo

munevo has successfully raised a total of $2.92M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.92 million completed in October 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 munevo

munevo has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include be-exponential, BabyBG and Bayern Kapital.

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Venture Fund
Investor Description Founded Year Domain Location
Investment and advisory services are provided to B2B startups.
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High-tech industries are targeted for investments by Bayern Kapital.
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ROCA X is focused on funding early-stage tech startups.
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Investor details for munevo

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Investments & Acquisitions by munevo

Investments
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Investment portfolio details for munevo

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Financial Statements - munevo

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Detailed financials for munevo

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Munevo Comparisons

munevo Primary company
Description
Smart wheelchairs for mobility-impaired users are controlled...
Location
Munchen, Germany
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
22
As of 2021
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Peer comparison for munevo

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Competitors of munevo

munevo 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 Arcatron, WHILL, Kalogon Smart Cushion, Shanghai Bangbang Robot and Haltija, among others.

Company Name Domain Founded year HQ Location Description
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Assisted mobility and elderly care devices are provided by Arcatron.
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Personal electric wheelchairs for mobility support are developed.
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Manufacturer of wheelchairs
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Assistive robotic solutions for mobility-impaired individuals are provided.
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Rehabilitation therapy equipment, including mobility aids and prostheses, is supplied.
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Detailed competitors of munevo

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Latest news on Munevo

Munevo to raise €3M from German investors.
Googleusercontent3 years ago
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Complete news archive for munevo

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Frequently Asked Questions about munevo

munevo was founded in 2018 and raised its 1st funding round 4 years after it was founded.

munevo is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

Claudiu Hidas is the current CEO of munevo. They have also founded this company.

munevo is a funded company, having raised a total of $2.92M across 1 funding round to date.

As of Dec 31, 2021, the latest employee count at munevo is 22.

Founded in 2018 in Munich, Germany, Munevo operates in the assistive technology sector. Smart wheelchairs are provided for individuals with mobility disorders, utilizing a smart glass application. Head movements are detected by built-in sensors and translated into control signals, which are transmitted to the wheelchair unit for hands-free navigation. Menu interfaces are also accessed through similar head gestures.

munevo's top competitors include WHILL, Arcatron and Kalogon Smart Cushion.

munevo offers munevo DRIVE, munevo PHONE, munevo HOME, and munevo ARM.

munevo has 4 investors. Key investors include be-exponential, BabyBG, Bayern Kapital, and ROCA X.

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