Dutch eldercare technology company Momo Medical closes a €6.5 million Series A financing round, and law firm Polsinelli advises the company on the transaction. The round is intended to help Momo Medical expand its bed-sensor platform for nursing homes, the company’s stated market.
Delft-based medtech startup Momo Medical raises €6.5 million in Series A funding to scale its BedSense monitoring platform. The company plans to expand nursing-home care in the Netherlands and internationally.
Momo Medical discusses the regulatory and legal challenges healthcare technology startups face when bringing monitoring devices into nursing-home care. In a discussion with law firm Ploum, the company considers the legal context around introducing such devices in care settings, focusing on nursing homes and the requirements startups encounter.
Momo Medical’s BedSense app wins the public prize at the 2023 National Healthcare Innovation Award, receiving 43 percent of the public vote. Its under-mattress sensor system helps nursing-home caregivers monitor residents and prevent falls. The recognition follows the Zuid-Holland preliminary round.
