3 years ago
PneumoWave Secures £7.5 Million to Advance Remote Lung Monitoring Technology
Glasgow-based health tech startup PneumoWave has raised £7.5 million in a Series A funding round led by the Scottish National Investment Bank
The company will use the funds to further develop its wearable biosensor for remote patient monitoring, expand its team, and target the US market
PneumoWave's device aims to improve the management of high-risk patients with lung conditions by providing real-time data to healthcare providers.
ProblemHealthcare
"Managing high-risk patients remotely is challenging due to the need for constant monitoring and potential complications."
Solution
"PneumoWave offers a wearable biosensor that monitors lung function, providing remote diagnostics for carers and medical services, thereby improving patient care and reducing hospital readmissions."