March 2nd, 2021, Utrecht, The Netherlands
Moveshelf, a digital health company with a unique platform for clinical movement analysis, has raised a seed investment to accelerate the digital transformation of diagnosis and care for movement disorders. Utrecht Health Seed Fund (UHSF) and Locapes Investment Fund contributed to this round.
One out of four 50+ year olds are confronted with some form of movement disorders, with prevalence rising sharply with age. Severe movement disorders in particular, such as those associated with Osteoarthritis, Stroke, Cerebral palsy, and Parkinson’s disease have a high societal, personal, and economic impact. Movement analysis, the structured and quantified measurement of movement data, is a vital part of the diagnosis and treatment of patients affected by movement disorders. Moveshelf, founded by Ignazio Aleo, PhD (CEO) and Per Slycke (Chairman), integrates movement analysis with clinical systems, providing a digital platform for decision support and objective and quantitative analysis of complex multi-modal datasets. Similar to what Picture Archiving and Communication Systems (PACS) and Vendor Neutral Archives (VNA) have done for Xrays and MRI imaging since the 1980s, Moveshelf supports the standardization and interoperability of movement analysis technologies.
Ignazio Aleo, CEO of Moveshelf said: “We are thrilled with this collaboration and excited for the next phase of Moveshelf. This is a major milestone, and it will enable us to accelerate our plans and serve our rapidly growing number of clinical customers with our digital platform for movement analysis. Based on feedback that we receive from the clinicians that we work with, we are convinced that we can make a significant difference in patients’ lives.”
Jaap de Bruin, UHSF’s Fund Manager commented: “We are excited to join the journey of Moveshelf and its mission to facilitate movement digitization and diagnosis to improve outcomes for patient groups that face a complex set of disabling movement limitations. Furthermore, we look forward to working with the talented team that is driving the company.”
About Utrecht Health Seed Fund
Utrecht Health Seed Fund (UHSF) is an early-stage life sciences & health investment fund based out of Utrecht, The Netherlands, focused on scalable technologies in the field of Life Sciences (therapeutics and diagnostics), Medical Devices, Digital Health, and Animal Health in the earliest stages of development. UHSF is established by Utrecht Holdings with the assistance and support of the European Regional Development Fund (ERDF), UMC Utrecht, and the University of Utrecht. For more information, please visit www.uhsf.nl.
About Locapes Investment Fund
Locapes Investment Fund (Locapes) invests in exponential technology ventures with a focus on early stage B2B technology start-ups that have the ambition to improve how people live, work, and stay healthy. Locapes operates primarily from Utrecht, the Netherlands, Stockholm, Sweden and Palo Alto, California. For more information, please visit www.locapes.com.
Johannes Gijsbers, VP of Product