Summary:
- Sports Impact Technologies, a Dublin-based sportstech startup, secured €650k in pre-seed funding.
- The investment round was led by private investors with the support of Enterprise Ireland HPSU funding.
- The company plans to use the funds to speed up the launch of its beta product, a compact wearable that detects head impacts in real-time for player safety.
Article:
Sports Impact Technologies, a promising sportstech startup hailing from Dublin, Ireland, recently announced a significant milestone in its journey by securing €650k in pre-seed funding. This funding round, spearheaded by private investors and backed by Enterprise Ireland High-Potential Start-Up (HPSU) funding, marks a pivotal moment for the company as it prepares to accelerate the rollout of its innovative beta product.
Founded in 2022 by Eóin Tuohy and headquartered at NovaUCD in Dublin, Sports Impact Technologies has developed a groundbreaking behind-the-ear sports wearable. This compact device is designed to detect head impacts in real-time, aiming to enhance player safety and performance by eliminating undetected concussions. The wearable sensor, which is versatile across different sports and players, discreetly monitors head impacts during gameplay by recording head accelerations. Real-time data and alerts are then transmitted via an app to coaches, medical staff, or safety officials, empowering them to make informed decisions regarding player safety on the field.
Prior to this funding round, Sports Impact Technologies successfully completed the Enterprise Ireland funded New Frontiers Programme at TU Dublin and secured €100k in Enterprise Ireland PSSF funding. The company’s dedicated team, which includes individuals such as Dónal Tuohy, Patrick Ryan, Elsa Mayo, and Tes Opara, is committed to revolutionizing player safety in sports through their cutting-edge technology.
In conclusion, Sports Impact Technologies’ recent funding success highlights the growing importance of innovation in sportstech and the company’s dedication to prioritizing player safety. As they continue to make strides in the industry, all eyes are on this Dublin-based startup as they pave the way for a safer and more efficient future in sports technology.