Last deal

Amount

Series A

Stage

01.05.2015

Date

1

all rounds

General

About Company
Hip Hope Technologies develops a wearable device to protect seniors from fall-related hip fractures.

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founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company has created a sophisticated active wearable device that uses electronics, sensors, software, algorithmics, pneumatics, and airbag technology to reduce the collision impact of falls by an order of magnitude. The product has been developed with the support of private investors and the Israeli Office of Chief Scientist, and field testing of the Beta product is scheduled for Q1-2015. The company's management team and advisory board members bring a wealth of experience from diversified managerial positions in the hi-tech industry and other fields. The company's sub-contractors were carefully selected based on their proven professional track-record and leadership in their fields of expertise, and their field research partners are leading medical centers in Israel and abroad. The product is expected to be launched in Q4-2015.
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