MOIO GmbH was able to raise another important financing component in the nearly seven-figure range. In addition to private investors, bm‑t beteiligungsmanagement thüringen gmbh (bm|t) as lead investor and R.O.I. GmbH were among the companies acquired for the financing round.
After the start-up, which was founded in 2017, has already successfully completed several rounds of capital, MOIO GmbH was able to win bm‑t beteiligungsmanagement thüringen gmbh (bm|t), as well as R.O.I. GmbH as investors at this year’s Thuringian Investor Days. “The concept of the moio.care system convinced us right from the start. We are looking forward to working with the team, also at the new additional location in Erfurt, on the final development work and the market launch in 2020” says Karin Rabe, Investment Manager at bm‑t. MOIO Managing Director Jürgen Besser and his team are pleased about the renewed confirmation of their potential by two such strong partners and look forward positively to the final steps before market launch.
The idea for the moio.care system originated from the research project “Barrier-free Health Assistance” of the top cluster Medical Valley EMN. The project was initiated in 2010 by the Evangelical Lutheran Diakoniewerk Neuendettelsau (now Diakoneo) together with 14 other companies from research and industry.
The objective in the case of moio.care: to provide support for the most important nursing challenges with the help of existing technical possibilities. This includes the prevention of falls and bedsores, as well as the improvement of mobility despite disorientation of those affected. For all functions, it should also be ensured that the system is also worn on the body and is ideally hardly noticeable.
In order to implement the resulting product idea, the former Diakonie employee, Jürgen Besser, and eesy Innovation GmbH, headed by Günter Maximilian Hefner, joined forces and founded MOIO GmbH in November 2017.
The solution, which is about to be finalised, is a flat, soft and flexible sensor module. It is worn on the back, under the clothing, directly on the skin. There it is hardly noticeable, not visible and thus not stigmatising. Inside it are sophisticated sensor, evaluation and mobile radio technologies that enable completely flexible and mobile use. The moio.care system permanently processes sensor information and interprets it independently. Only when the sensor module detects a concrete need does it establish a data connection and transmit the necessary information to the moio.cloud. From there, all responsible caregivers are notified via the moio.app on their mobile device and can provide assistance as needed.
The functions of the moio.care system primarily address nursing challenges in elderly care, nursing care or the care of people with disabilities. On the one hand, it automatically notifies in situations where quick help is needed. On the other hand, it generates objectively measured data that can be automatically transferred to digital documentation.
The system will be evaluated in several elderly care facilities in the coming months. The market launch of moio.care is planned for 2020.
Interested parties still have the opportunity to participate in the financing round until September.
About MOIO GmbH
MOIO GmbH is a newly founded start-up that, with the support of Diakonie Neuendettelsau (Diakoneo), Wilhelm Löhe University of Applied Sciences and eesy-innovation GmbH, aims to bring forward-looking ideas for the care and healthcare market to market maturity and market them. Their product, the moio.care system, which is to be permanently improved and expanded with the help of partners from research and industry. www.moio.care
About R.O.I. GmbH
R.O.I. GmbH from Berlin is the investment company of the business angel Ulrich Urban in Berlin. Mr Urban invests in real estate as well as start-ups with high growth potential and promising entrepreneurs.
bm‑t beteiligungsmanagement thüringen gmbh (bm|t), based in Erfurt, is a subsidiary of the Thüringer Aufbaubank and the leading address for investments in Thuringia. bm|t currently manages eight funds with a total volume of around EUR 320 million, which invest in innovative companies in almost all sectors and in all phases of company development — both in the start-up and growth phases or in company succession situations.
Karin Rabe, Senior Investment Manager
Gorkistraße 9, 99084 Erfurt, Germany
Phone +49 361 7447 605
Fax. +49 361 7447 635