
Innovative Investment in Player Safety: €650K Funding Boost
Dublin-based Sports Impact Technologies is making waves in the sports tech sector with its novel sports wearable, designed to enhance athlete safety. The startup has successfully secured €650,000 in pre-seed funding to expedite the rollout of this groundbreaking device.
A Game-Changer in Concussion Detection
The compact wearable, worn behind the ear, acts as a sentinel for head impacts, signaling potential concussions in real time. This technology is crucial, given that between 5% and 10% of athletes face concussions each season, many of which go unreported. Eóin Tuohy, the company’s CEO, emphasizes that the device aims to make unrecognized concussions a relic of the past. The app connected to the wearable alerts coaches and medical staff, providing critical data to protect players on the field.
Utilizing Funds for Rapid Development
The recent funding round, backed by private investors and Enterprise Ireland’s High-Potential Startup (HPSU), will be pivotal for Sports Impact Technologies. The investment will allow for final stages of product development and facilitate beta testing in various sports, including football, rugby, and hockey, set to launch this September. The company has already demonstrated its commitment to innovation, having previously participated in the New Frontiers Programme at TU Dublin and securing additional funding for development.
Future Maximization of Performance and Safety
With its groundbreaking wearable, Sports Impact Technologies is poised not just to protect athletes but also to optimize their performance. As the beta-testing phases unfurl, the insights gleaned from early adopters will likely play a significant role in refining the product ahead of a full launch next year. This fast-tracked approach positions the company as a leader in the intersection of technology and athlete safety, appealing directly to financial institutions looking to invest in health and performance innovation.
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