- Synphne, an NTU medtech spinoff, secures $5M to expand its stroke rehabilitation wearable globally.
- The device combines neural feedback, gamification, and data analytics.
- Synphne aims to revolutionize stroke and neurological treatment.
Focus on US expansion and global markets
Synphne, a medtech spinoff from Nanyang Technological University (NTU) Singapore, has recently raised US$5 million in a series A funding round.
The company aims to expand its rehabilitation services in the US market, focusing on improving the treatment of stroke and neurological conditions.
Synphne’s primary offering is a wearable device designed to aid in the rehabilitation of individuals suffering from illnesses such as stroke and brain injuries.
In addition to the US, the company has set its sights on establishing a presence in Singapore, India, and other markets.
Innovative approach to rehabilitation
Synphne’s unique approach to rehabilitation combines neural feedback, gamification, and data analytics to provide a personalized and real-time perspective on a patient’s recovery process.
This innovative method enables users to undergo rehabilitation in both clinical and home settings, offering flexibility and convenience.
The company’s cutting-edge technology has the potential to revolutionize the way stroke and neurological conditions are treated, improving patient outcomes and quality of life.
Strong backing and support
The series A funding round saw participation from Event Horizon Technologies, an affiliate of the Nadathur Group, which is the family office of Nadathur Raghavan, co-founder of digital services and consulting firm Infosys.
This strategic investment will provide Synphne the necessary resources to accelerate its growth and expand its reach in the global market.
Synphne’s success can be attributed to its strong foundations, having been incubated under the NTUitive program and receiving support from various Singaporean research and enterprise initiatives.
These include the Singapore-MIT Alliance for Research and Technology, the National Medical Research Council, and the National Research Foundation.
The company’s innovative technology and strong backing position it well to make a significant impact in the field of stroke and neurological rehabilitation.
To read the original article in its entirety: https://www.techinasia.com/ntu-spinoff-raises-5m-bolster-stroke-accident-care-wearable
