Applied Monitoring
Non-invasive sensor technology for continuous blood lactate monitoring.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
* | £500k | Seed | |
| Total Funding | 000k | ||
Applied Monitoring, founded in 2018, is a Sunderland-based company developing a non-invasive monitor for healthcare and fitness. The founders are Jon Dixon, formerly the Head of B2B at Sainsbury's and Argos, and Rob Connell, an NHS informatics specialist. They collaborated with Professors Alex Mason and Olga Korostynska to create their sensor technology which utilizes electromagnetic waves to detect biomarkers in blood.
The company's primary product is a device that continuously monitors lactate levels in the blood, a key indicator for athletes to determine peak exertion and optimize training regimens. This technology is designed to replace the need for frequent and invasive finger-prick blood tests. Following successful trials at Durham University, Applied Monitoring signed a contract with a European microchip producer to create a miniature device that can be embedded in an armband and synchronized with a smartwatch. The product is aimed at both professional and amateur athletes, runners, and fitness enthusiasts.
Applied Monitoring plans to launch the product commercially within the next 12 months and has attracted interest from major fitness and wearables brands. The business model involves making this advanced monitoring technology accessible to a wider consumer audience. The company has secured over £1 million in funding, including a recent £500,000 investment from the North East Venture Fund, managed by Mercia Ventures, to bring the product to market. Looking forward, the company intends to develop a version of the device for hospital use, where lactate levels are crucial for the early detection of sepsis. There is also potential to adapt the technology for monitoring other biomarkers, such as glucose levels.
Keywords: non-invasive monitoring, lactate sensor, fitness technology, wearable device, athletic performance, biomarker detection, healthcare monitor, sports technology, sepsis detection, continuous monitoring, medtech, health-tech, smart-wearables, athlete training, blood analysis, electromagnetic sensors, biosensor, exercise physiology, remote patient monitoring, digital health