{"id":14707,"date":"2021-12-20T10:59:13","date_gmt":"2021-12-20T09:59:13","guid":{"rendered":"https:\/\/ggba.swiss\/body-monitoring-specialist-xsensio-raises-chf-4-2-million\/"},"modified":"2023-07-04T13:40:26","modified_gmt":"2023-07-04T11:40:26","slug":"body-monitoring-specialist-xsensio-raises-chf-4-2-million","status":"publish","type":"post","link":"https:\/\/ggba.swiss\/en\/body-monitoring-specialist-xsensio-raises-chf-4-2-million\/","title":{"rendered":"Body monitoring specialist Xsensio raises CHF 4.2 million"},"content":{"rendered":"\n<p>Through its unique Lab-on-Skin sensing platform, <a href=\"https:\/\/xsensio.com\/\" target=\"_blank\" rel=\"noopener\">Xsensio<\/a>\u00a0seeks to address the emerging field of wearable biosensing. By sensing biochemical information on the skin\u2019s surface, the start-up\u2019s technology provides unprecedented real-time information about our health and wellness in a simple and minimally invasive way.<\/p>\n<p>In May 2021, Xsensio deployed its first Lab-on-Skin product in a pilot project at <a href=\"https:\/\/www.motion-lab.ch\/\" target=\"_blank\" rel=\"noopener\">MotionLab<\/a>. The aim was to monitor electrolytes in sweat to manage heat acclimation and dehydration of athletes, enabling better performance and reduced risk of injury in hot or humid environments such as the Olympic Games in Tokyo. Next year, the start-up based in Lausanne (canton of Vaud) plans to introduce the platform to elite and professional athletes.<\/p>\n<p>The investment round is led by\u00a0<a href=\"https:\/\/privilege-ventures.com\/\" target=\"_blank\" rel=\"noopener\">Privil\u00e8ge Ventures<\/a>, a Swiss venture capital firm with offices in Lugano, Zurich and Boston, and included the\u00a0<a href=\"https:\/\/eic.ec.europa.eu\/investment-opportunities_en\" target=\"_blank\" rel=\"noopener\">EIC Fund<\/a>\u00a0and other international investors. The proceeds will expand product and platform development, run clinical validation, and accelerate market launch through commercial partnerships in Europe and in the US.<\/p>\n<h4>A paradigm shift in future healthcare delivery<\/h4>\n<p>\u201cThe technology holds the potential for a paradigm shift in the way we deliver healthcare in the future, with a stronger focus on prevention through the use of minimally-invasive health monitoring devices. We are grateful to our company board and our current and new investors for believing in our vision. We look forward to working with Privil\u00e8ge Ventures in this new phase of growth\u201d, explains Esmeralda Megally, co-founder and CEO of Xsensio.<\/p>\n<p>Jacqueline Ruedin R\u00fcsch of Privil\u00e8ge Ventures, said: \u201cWe believe the opportunity for wearable biosensing is massive, and the team has the ambition and the talent to address this opportunity. I\u2019m really excited to start this journey with Xsensio\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the closing of a CHF 4.2 million financing round, Xsensio will be able to advance its proprietary Lab-on-Skin sensing platform for continuous body monitoring through wearable devices.<\/p>\n","protected":false},"author":3,"featured_media":14708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[839],"tags":[892,889,888],"class_list":["post-14707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-en","tag-sensors","tag-sport","tag-wearables"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Body monitoring specialist Xsensio raises CHF 4.2 million - Greater Geneva Bern area<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.ggba.swiss\/en\/body-monitoring-specialist-xsensio-raises-chf-4-2-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Body monitoring specialist Xsensio raises CHF 4.2 million - 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