Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, October 22 2021 - 12:00
AsiaNet
X-trodes Completes a $4.5 Million Seed Round to Improve Quality of Life and Reduce Hospital Workload
TEL AVIV, Israel, Oct. 22, 2021 /PRNewswire-AsiaNet/ --

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
Translations

Japanese