ReActive Robotics, strives to revolutionise early movement rehabilitation in the health sector. The young Bavarian startup received a seven-digit investment in a Series-A financing round, which will allow for large-scale development and validation of prototypes and further company growth. Involved investors comprise Bayern Kapital, MedTech Innovation Partners AG, TQ-Group as well as High-Tech-Gründerfonds (HTGF).
Since its company foundation just over a year ago, ESA BIC Bavaria incubatee ReActive Robotics continuously has been pushing its development and remains working on its ultimate goal of revolutionising early mobilisation for the healthcare sector. The thriving startup develops intelligent and adaptive therapy robotics for early movement rehabilitation after neurological injury or orthopaedic surgery in the intensive care unit of hospitals.
This development proves to be especially important within the context of the demographic change and the resulting continuous increase of healthcare costs. The use of intelligent therapy robotics in the intensive care unit enables the patients to leave the clinic three days earlier on average, compared to contemporary therapy methods. In comparison to currently existing solutions, this approach replaces time-consuming and critical transfers of the patient onto separate therapy devices. In addition, compared to traditional procedures in which up to three therapists and nurses are required to move a patient, the startup’s device will only need to be operated by one individual. The estimated market size amounts to over EUR 2 billion. ReActive Robotics’ device is scheduled to be available in Europe at the beginning of 2018.
The ReActive Robotics’ team is just as diverse as their robotics development. Alexander König, CEO of ReActive Robotics, provides the company with his neuro-rehabilitation, his electrical engineering know-how as well as with his entrepreneurial experience. Simon Spiegel contributes to the team’s success with his construction and CAD knowledge, as well as his medical technology background. Helfried Peyrl leads the technical development and is an industry expert on automation and control. He also brings along several years of industrial R&D experience. Christian Anton is the computer science expert, with relevant experience in software engineering. He is responsible for the state-of-the-art development of medical computing applications.
ReActive Robotics GmbH
ReActive Robotics designs, manufactures, and sells rehabilitation robots that automate gait rehabilitation in the ICU at a very early stage, just 48 hours after the onset of neurological injury or joint replacement surgery. Their devices attach directly to the patient’s bed, eliminating the need for dangerous transfers onto separate devices. They are used for the gait rehabilitation of neurological patients following a central nervous injury and by orthopedic patients after joint replacement.
ReActive Robotics’ mission is to enable clinicians, particularly in intensive care, to provide the best possible care to neurological and orthopedic patients and help them recover from their injuries. ReActive Robotics aims to revolutionise the way gait rehabilitation is performed and supports patients across the globe in regaining their independence after a life-changing injury or surgery.
ReActive Robotics is incubated at the ESA BIC Bavaria since February 2015 until February 2017.
Do you have an innovative entrepreneurial idea that is seeking the adaquate innovation network support and financing? Then take a close look at the ESA BIC Bavaria programme and make it happen.
ESA Business Incubation Centre Bavaria
ESA’s Business Incubation Centre Bavaria was launched in 2009 and is ever since managed by Anwendungszentrum GmbH Oberpfaffenhofen (AZO) on behalf of the European Space Agency. With more than 105 newly founded start-ups and more than 1,300 new jobs to its name, AZO’s incubation programme is one of Europe’s most successful initiatives in promoting the commercial use of aerospace technologies. ESA BIC Bavaria and its renowned partners – DLR, Airbus Defence and Space, Fraunhofer IIS and Wirtschaftsförderungsgesellschaft Berchtesgadener Land – provide startups with financial support, technical assistance and tailored coaching services at four branch offices: Oberpfaffenhofen, Ottobrunn, Nürnberg and Berchtesgadener Land.
ESA BIC Bavaria has four selection rounds each year. The next application deadline for the incubation programme is 29 August 2016. Apply now for ESA BIC Bavaria