About SensArs
SensArs is a company based in Saint-sulpice (Switzerland) founded in 2014 by Francesco Maria Petrini and Stanisa Raspopovic.. SensArs has raised $184.89 thousand across 9 funding rounds from investors including European Commission, EIT Health and European Union. SensArs offers products and services including SENSY and Neuroprosthetic System. SensArs operates in a competitive market with competitors including Össur, WeWALK, BionicM, REEV and Instalimb, among others.
- Headquarter Saint-sulpice, Switzerland
- Founders Francesco Maria Petrini, Stanisa Raspopovic
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Sectors
Healthcare
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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
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Net Profit
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EBITDA
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Total Equity Funding
$184.89 K (USD)
in 9 rounds
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Latest Funding Round
$1.83 M (USD), Grant
Nov 01, 2019
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Investors
European Commission
& 4 more
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Employee Count
Employee Count
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Products & Services of SensArs
SensArs offers a comprehensive portfolio of products and services, including SENSY and Neuroprosthetic System. 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.
Restores sensory feedback in limbs for diabetic neuropathy patients via implants.
Enhances sensory capabilities in bionic limbs through advanced technology.
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Funding Insights of SensArs
SensArs has successfully raised a total of $184.89K across 9 strategic funding rounds. The most recent funding activity was a Grant round of $1.83 million completed in November 2019. 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 9
- Last Round Grant — $1.8M
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First Round
First Round
(01 Jun 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2019 | Amount | Grant - SensArs | Valuation |
investors |
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| Oct, 2019 | Amount | Grant - SensArs | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - SensArs | Valuation |
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| 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 |
Investors in SensArs
SensArs has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Commission, EIT Health and European Union. 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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Healthcare startups are accelerated and incubated through specialized programs.
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Government agency and accelerator focusing on innovative startups and SMEs
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University backed startup accelerator
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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 SensArs
| 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 - SensArs
| 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 |
Sensars Comparisons
Competitors of SensArs
SensArs 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 Össur, WeWALK, BionicM, REEV and Instalimb, 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 |
Orthopedic bracing and support products are developed and sold.
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| domain | founded_year | HQ Location |
Smart cane solutions are provided for visually impaired users.
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| domain | founded_year | HQ Location |
Prosthetic legs assisting knee and ankle movements are developed.
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| domain | founded_year | HQ Location |
AI-powered exoskeletons and gait tools are developed for mobility recovery.
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| domain | founded_year | HQ Location |
Customized 3D-printed prosthetics for leg amputees 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 Sensars
Frequently Asked Questions about SensArs
When was SensArs founded?
SensArs was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is SensArs located?
SensArs is headquartered in Saint-sulpice, Switzerland. It is registered at Saint-sulpice, Vaud, Switzerland.
Who is the current CEO of SensArs?
Francesco Maria Petrini is the current CEO of SensArs. They have also founded this company.
Is SensArs a funded company?
SensArs is a funded company, having raised a total of $184.89K across 9 funding rounds to date. The company's 1st funding round was a Grant of $596.38K, raised on Jun 01, 2017.
What does SensArs do?
SensArs Neuroprosthetics was founded in 2014 in Saint Sulpice, Switzerland, within the neuroprosthetics sector. A hybrid device named SENSY is being developed, featuring an intraneural electrode for sensory nerve stimulation. The electrode is implanted in residual or healthy nerve parts to restore natural-like neural sensory information flow. Sensations from missing or non-functional limbs are thereby enabled in users, supporting improved functionality in prosthetic applications.
What products or services does SensArs offer?
SensArs offers SENSY and Neuroprosthetic System.
Who are SensArs's investors?
SensArs has 5 investors. Key investors include European Commission, EIT Health, European Union, EIC Fund, and Venture Kick.
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