X-trodes Completes a $4.5 Million Seed Round to Improve Quality of Life and Reduce Hospital Workload

X-trodes

PR92511

 

TEL AVIV, Israel, Oct. 22, 2021 /PRNewswire=KYODO JBN/ --

 

X-trodes' Smart skin helps people monitor sleep from their bed and empower

users to shorten the recovery from muscle injuries 24/7

 

X-trodes, a bio-convergence company that developed wearable technology for

advanced electrophysiological measurement and analytics, has raised a $4.5

million seed round led by Japan Israel High Tech Ventures (Chartered Group),

Welltech. and Jeremy Coller.

 

Backed by over 15 years of academic research and scientifically validated

patents, X-trodes has developed the world's first wireless Smart Skin™ that

consists of an ultra-soft, dry, multi-electrode patch array system. Its

patented technology that aims to reduce hospital and clinic workload and ease

patients lives, is powered by machine learning methodologies that provide

objective signal analysis and monitoring, for everyday activity in any

environment.

 

The two first products that X-trodes brings to market are:

 

Medical-grade sleep monitoring - a truly wireless system for sleep monitoring,

especially for neurological and psychiatric disorders.  X-trodes single patch

for multi-modality measurement, retrieves meaningful insights and diagnostics

from patients' own bed, in their natural environment.

 

Muscle recovery - A flexible wearable system that prevents muscle injuries and

accelerates recovery by monitoring electrophysiology function in dynamic

environments and analysing every muscle with wireless AI-driven insights.

Eyal Agmoni, Managing General Partner, Japan Israel High Tech Ventures 2LP  

says: "We found in X-trodes an outstanding founding team that developed a

product that can profoundly improve the quality of life for us all. Patients

can monitor and treat neurological disorders and recover from muscle injuries

from the comfort of their own homes and beds. This team is building a

revolutionary solution which is validated by multiple peer-reviewed journals as

well as clinical and safety tests. The solution is set to become a leader in a

rapidly growing market."

 

Furthermore, X-trodes products are used by researchers and scientists, allowing

them to expand research beyond their labs and conduct tests, monitoring, and

predictions on people in their natural environments and on the go.  

 

Ziv Peremen, X-trodes co-founder and CEO said: "In 7 years, there will be more

hospitalizations at home than in hospitals. A wide range of laboratory tests

available only in hospitals can be performed at home with X-trodes, without

compromising their quality or reliability. In terms of our capabilities, muscle

recovery and sleep monitoring are just the beginning. We are proud to partner

with tier 1 strategic partners that bring our ground breaking products to new

patients and doctors around the world."

 

Galit Horovitz and Amir Alroy, Co-founders of Welltech Ventures added: "The  

X-trodes solution is a real revolution in the field of welltech and health

tech. Beyond the 1st go to market sectors of sleep monitoring and muscle

rehabilitation, we believe X-trodes is a groundbreaking platform that can

democratize expensive medical routines and procedures making them affordable

and more available to the public."

 

About X-trodes

 

X-trodes is a bio-convergence company and the developer of the world's first

scalable wireless Smart Skin- a wearable technology for advanced

electrophysiological monitoring and analytics, that can be used by patients in

their natural environment.

 

X-trodes was founded by a team of experts in multidisciplinary fields, ranging

from science and engineering to business development. Its core technology is

based on an intellectual property (IP) that was developed over the last decade

at Prof. Yael Hanein's nano-technology laboratory at Tel Aviv University.

X-trodes was the 2020 Winner of the Coller Startup Competition at Tel Aviv

University. Headquarterd in Israel the company has 12 employees.

 

 

Source: X-trodes

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