Innovosens AB

📍 MALMÖ, Sweden🗓 Founded 2018👥 10 employees💰 Last funded Jan 2020
Medical Device🌐 innovosens.com
Website LinkedIn
Innovosens envisions better a world where health care professionals and patients can easily sense and access health data more easily with Wearable biosensors and connected health IOT platforms. We will aspire to be pioneers in development of one integrated end to end solution of flexible and ultrasensitive biosensing platforms for rapid detection of different human metabolites primarily for health care while connecting the bio sensors with cloud and big data to ensure better quality of life for patients. Innovosens 1st product is multi parameter diabetic sensing device, the product is targeted for type 1, type 2, gestational and prediabetes, The sensor will help diabetic patients and care givers understand the multi parameters that contribute to high or low levels of glucose while making meaningful collective analysis of multiple parameters and help predict early signs of hyper and hypo glycemia. The team behind Innovosens is a clever combination of scientists and software engineers. We understand that Diabetes is a growing problem, the numbers are going to increase by 50% by the year 2030, increased no of diabetics results in increased amounts of money spent by the health care in treating the patients with various problems of hyperglycemia like, foot ulcers, angina, CKD etc., Innovosens is envisioning an immense market opportunity for glucose sensing devices or bio sensors, though 90% of market share is captured by big companies for glucose sensing, the market for multi parameter sensing is untapped and leaves a considerable percentage of market for multi parameter diabetic devices. For example only in Sweden 157,549 are hospitalised for treatment of hyperglycemia every year and the cost of accounts around 10 Billion SEK. Innovosens solution is aiming to start with to reduce 1% of the total cost incurred per year.
4
Total investors
4
Early stage
0
Mid stage
0
Late stage
2018
Founded

Investors

4 investors
All
Early stage
Mid stage
Late stage
Investor geography3 countries
Denmark
1
Finland
1
United Kingdom
1
Investor activity2018–2020 · investors recorded per year
201822019120201
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Innovosens AB?
Innovosens AB has 4 investors on record on gritt.io, including 4 early-stage backers.
When did Innovosens AB last raise funding?
The most recent investment in Innovosens AB recorded on gritt.io was in January 2020.
When was Innovosens AB founded?
Innovosens AB was founded in 2018.
What industry is Innovosens AB in?
Innovosens AB operates in Medical Device. Find similar Medical Device investors on gritt.io.
Where is Innovosens AB based?
Innovosens AB is headquartered in MALMÖ, Sweden.