TU Wien spinout Cogvis has developed a contactless sensor that predicts when a person might fall and is aimed at the elderly care sector.
Cogvis, an Austria-based medical device manufacturer spun out from TU Wien, raised €700,000 ($870,000) in its first external funding round last month from unnamed investors, the company revealed today.
Founded in 2007, Cogvis is working on a contactless, 3D sensor that predicts when a person may be about to fall. The product, dubbed fearless, is aimed at the elderly care sector and is expected to help prevent falls entirely in future.
The funding will go towards expanding Cogvis’ marketing and…
