March 14, 2022: The renaming to “Euleria Health” is concurrent with the new €900,000 capital increase and strengthens Euleria’s positioning within the Health sector
New €900,000 capital increase for Euleria, which simultaneously becomes Euleria Health
Euleria, established in 2020, already closed with a production value of more than 1.1 M€ in 2021. Today, in 2022, the Benefit Society seals an extension of the clinical, social, and innovative value generated over the past two years in the rehabilitation market.
The new €900,000 capital increase for Euleria Health is being underwritten by Ferrox and I.A.C.E.R., new partners, and by a|impact and Bio4Dreams, already present in the corporate structure. The goal is to develop innovative solutions for a new model of telehabilitation and to accelerate the expansion of rehabilitation technologies on the international market.
Already supported by Bio4Dreams and BioValley Investments Partner S.r.l., who from the beginning shared the vision of a measurable rehabilitation both in the clinic and remotely, in 2021 Euleria had proudly welcomed. a|impact – Avanzi Etica SICAF EuVECA S.p.A., the investment vehicle that enabled us to open a second capital increase and supports the development and growth of SMEs and startups with a strong social impact.
Today, in 2022, we are excited to give a warm welcome to our new industrial partners Ferrox and I.A.C.E.R., leaders in the markets of rehabilitation equipment (Ferrox) and electromedical devices for home therapy (I.A.C.E.R., owner of the I-TECH Medical Division brand), respectively.
Euleria Health: a Benefit Society under the banner of social value
The agreement comes at the end of a rich and constructive dialogue that saw all the
actors converge in the goal of placing their respective expertise at the service of Euleria Health’s specific market segment: motion analysis and telerehabilitation. Ferrox and I.A.C.E.R. have identified Euleria as the ideal partner to implement a new value proposition for patients, professionals and practitioners in the global Healthcare industry.
In order to face the challenges of the market with awareness, in 2021 Euleria had wanted to expand its mission by generating Social and environmental value in a responsible way; in other words, the new business mode conceives the increase in economic value not as an end, but as a prerequisite of continuity to produce social value. Along 2021 Euleria thus aimed to balance the interests of members with those of other value-bearing actors: employees, collaborators, customers, suppliers, stakeholders in general, and the user community as a whole.
Aiming to lead movement professionals and therapy patients toward measurable, accessible, and innovative rehabilitation, since 2020 Euleria has hit the market with devices and solutions that leverage inertial sensor technology, recording movements and representing them in real time on the screen, even in the form of a video game. To date, Euleria Health offers several solutions for in-clinic and remote rehabilitation.
