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France's REEV raised $9.2M in a funding round led by Newfund Heka, Polytechnique Ventures, and Irdi Capital to finalize the design of DREEVEN and prepare for FDA trials.

Feb 07, 202510 months ago

Amount Raised

$9.2 Million

ToulouseRoboticsMedical DeviceBiotechnologyHealth Care

Investors

Herve SilbertRaphael VaraneTechstarsIrdi CapitalPolytechnique VenturesNewfund Heka

Description

Toulouse-based REEV, a medtech startup, announced that it has raised $9.2M in a funding round. The funds will be utilized to finalize DREEVEN's design and conduct a clinical study at Boston University's Neuromotor Recovery Lab.

Company Information

Company

REEV

Location

Toulouse, Occitanie, France

About

REEV is a medtech startup founded in 2021, dedicated to helping individuals with walking disorders regain autonomy through innovative wearable robotics. Their mission involves developing lightweight and intuitive devices that aid in mobility tasks such as walking, standing, sitting, and climbing stairs. The technology portfolio includes REEV SENSE, a motion sensor system, and DREEVEN, an electro-hydraulic wearable robotics system for personalized knee assistance. REEV aims to enhance the orthotics industry while making mobility assistance more accessible and effective.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers