Biomedical startup Adapttech, Birmingham, United Kingdom, raised £2.25 million (about $2.95 million) to further develop smart, wearable technologies for people with physical limitations. The company says it’s the first to combine 3D scanning with dynamic pressure data, providing time and cost efficiency benefits to O&P clinics and their patients.
Investors included Mercia Asset Management, ACF Investors, Wren Capital, and Wealth Club.
“Adapttech brought its first product to market during 2021, successfully securing a number of sales. We are delighted to be supporting the team with a follow-on investment to continue to scale the business and build out the product portfolio,” said Stephen Windsor, investment director at Mercia.