Innovation Recognition Momo Medical has been recognized with the Dutch Innovation Prize 2023 for its BedSense App, highlighting its leadership in healthcare technology and its potential to differentiate its solutions in the hospital and nursing home market.
Significant Funding With a funding total of approximately 8.9 million USD and recent investment inflows of over 7 million USD from prominent investors like PGGM and NextGen Venture, Momo Medical demonstrates strong investor confidence and financial stability, promising resources for expansion and new product development.
Growth and Expansion The company has recently expanded its offices in the Netherlands and secured additional grants from the European Regional Development Fund, signaling growth intentions and opportunities to partner in AI and data-driven healthcare projects, especially in nursing care and patient safety.
Strategic Partnerships Collaborations with universities such as Tilburg University and Fontys, as well as engagement with nursing homes like tanteLouise and Avoord, position Momo Medical to leverage academic and clinical partnerships for innovation and tailored solutions in elder care.
Market Positioning Momo Medical’s focus on person-centered care, reduction of false alarms, and enhanced patient safety aligns with market trends toward digital health solutions, making it attractive to healthcare providers seeking cost-effective and safety-enhancing technology investments.