STOAF III SciTech invests in Stroke Alarm company Uman Sense
In an oversubscribed new share issue, the medtech company Uman Sense has raised SEK 6.3 million. Among the new co-owners are STOAF III SciTech, Gobia Enterprises, and Queen Invest. Uman Sense has developed and CE-marked the medical device Stroke Alarm, a medical device which is now being tested in a clinical trial on patients at a high risk for stroke.
Uman Sense’s medical device product Stroke Alarm is a wearable stroke detection system that consists of two bracelets with sensors and wireless communication with a smartphone. The purpose of Stroke Alarm is to provide early indication of suspected stroke so that the victim can access care in time for treatment. The product is intended for patients who are at high risk of stroke. Stroke Alarm addresses an important medical challenge and has already attracted great interest, including Region Skåne where a clinical trial has been initiated at several neurology clinics offering patients use of Stroke Alarm.
“One million brain cells are lost every minute during a stroke, so every minute saved from stroke onset to treatment increases the chance for the victim to survive and return to a good, productive life.”
“There are great medical, human and socio-economic benefits to be made if stroke patients come into care as early as possible. One million brain cells are lost every minute during a stroke, so every minute saved from stroke onset to treatment increases the chance for the victim to survive and return to a good, productive life,” according to Johan Wasselius, associate professor and consultant interventional neuroradiologist at Skåne University Hospital and one of the inventors of Stroke Alarm.
“Uman Sense is a very exciting company using advanced AI-based technology in an area where there is a large unmet clinical need. We believe that Stroke Alarm will significantly increase the chance to survive and get back to a healthy life after a stroke. Uman Sense is great fit with our investment strategy, that focuses on deeptech and life science start-ups with a large global market potential who make an impact to create a better world,” says Magnus Eriksson, General Partner at STOAF III SciTech.
“It is great that we are able to bring in these strong and long-term partners. They will be able to contribute with their broad knowledge in building successful companies within life science,” says Cecilia Belfrage,” CEO of Uman Sense.
Owners preceding this investment series include Christer Fåhraeus’ Fårö Capital among others.
Uman Sense is a member of SmiLe Incubator, a business incubator in Medicon Village in Lund, Sweden that helps innovation companies in the field of Life Science to convert their ideas into reality.
More information is provided by:
Cecilia Belfrage, CEO and co-founder Uman Sense, +46 (0)70-3377789, cecilia.belfrage@umansense.com, www.umansense.com
Magnus Eriksson, General Partner, STOAF III SciTech, +46 (0)733-400 464, magnus.eriksson@stoaf.se, www.stoaf.se/
About STOAF III SciTech
STOAF III SciTech is Stoaf’s third fund generation. SciTech primarily invests in Sweden but can also invest in the other Nordic countries. The focus is on early stage start-ups with advanced technologies (Deeptech) and Life Sciences that makes an impact.
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