Tendo

Soft exoskeleton gloves for grip assistance

Lund Municipality, Skane County, Sweden

About Tendo

Tendo develops a soft exoskeleton in the form of a robotic glove that helps users grip and release objects more easily. This glove is designed for individuals who may need extra strength and dexterity, such as those with physical disabilities or older adults. It operates using intelligent sensors that provide artificial strength, allowing users to perform daily tasks with greater independence. Unlike other assistive devices, Tendo's glove focuses on enhancing the functionality of one or two fingers, making it lightweight and easy to wear. The company stands out by directly selling to consumers and partnering with healthcare providers, aiming to improve the quality of life for its users. Tendo's goal is to empower individuals by providing practical solutions that enhance their daily living.

Lund Municipality, SwedenHeadquarters
2020Year Founded
$353.1KTotal Funding
EARLY_VCCompany Stage
Robotics & Automation, HealthcareIndustries
1-10Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Paid Holidays
Company Equity
401(k) Retirement Plan
401(k) Company Match
Wellness Program

Risks

Emerging startups increase competition in the assistive technology market.
Rapid tech advancements may render Tendo's products obsolete without innovation.
Potential EU regulatory changes could raise compliance costs for Tendo.

Differentiation

Tendo's robotic glove uses intelligent sensors for intuitive grip assistance.
The glove's lightweight design enhances wearability and daily usability.
Tendo focuses on direct sales and healthcare partnerships for market penetration.

Upsides

Growing interest in wearable health tech boosts demand for Tendo's products.
AI integration enhances the glove's adaptability and user experience.
Europe's aging population increases demand for assistive technologies like Tendo's.

Funding

Total raised$353.1 K
Latest valuation$15.00 M
StageEARLY_VC
EARLY VC
11/30/2017
N/A
$15.00 M