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Movendo Technology

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Medical company that designs and produces innovative robotic technologies for rehabilitation

Genoa, ItalyFounded 2016Health Tech & Medtech
Valuation $50–100M Last recorded · 2016
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Movendo Technology and the history behind them.

About Movendo Technology

Movendo Technology, a spin-off from the prestigious Italian Institute of Technology (IIT), was established in 2016 to commercialize advanced robotic systems for physical rehabilitation. The company was founded by Simone Ungaro, Carlo Sanfilippo, and Jody Saglia, who leveraged their work at the 'Rehab Technologies IIT – INAIL Lab' which began in 2013. Simone Ungaro, with a background as General Director of IIT and experience at firms like Deloitte, spearheaded the transition from a research lab to a commercial entity. Carlo Sanfilippo brought extensive experience in managing technology transfer for medical devices at IIT and previously worked in R&D and operations for medical device companies. The venture secured a significant €10 million investment from Sergio Dompè, chairman of the Dompé pharmaceutical group, to launch its first product.

Movendo Technology designs, manufactures, and markets robotic medical devices for hardware-based rehabilitation. The company's business model involves selling these high-value hardware systems directly to its client base, which includes hospitals, physiotherapy centers, and clinics specializing in orthopedics, neurology, geriatrics, and sports rehabilitation. The firm operates in the growing market for medical robotics, which is projected to expand significantly. By integrating robotics, big data analysis, and cloud computing, the company aims to provide objective, data-driven tools to support clinicians and improve patient outcomes.

The company's flagship product is 'hunova', a robotic system for the rehabilitation and functional assessment of the lower limbs and trunk. Hunova consists of two mobile electromechanical platforms (one for the feet, one for the seat) equipped with force sensors and a wireless sensor worn on the patient's trunk to monitor movement. This setup allows for a wide range of customizable exercises for balance, postural control, muscle strengthening, and passive mobilization. The system supports therapists by providing objective data on patient progress and enhances patient engagement through gamified rehabilitation protocols. Having received both CE certification for Europe and FDA clearance in the US, hunova is utilized for post-stroke recovery, treatment for degenerative diseases like Parkinson's, orthopedic rehabilitation for the ankle, knee, and hip, and fall prevention in geriatric patients.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Genoa, Italy
Employees
16
Open positions
None listed
Dealroom signal
66.5/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Rehabilitation, Innovation Management, Spinout, Robotic Rehabilitation, Medical Robots, Hard Tech, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Nov 2016 $11M $44M Sergio Dompé —
SPINOUT✓Other financing Jan 2016 $0 — Italian Institute of Technology —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Movendo Technology website traffic

Latest recorded traffic for Movendo Technology is 510 monthly website visits, down 38.6% over the last three months. Movendo Technology's team declined 11.1% over the past year.

Latest monthly visits510 3-month web change-38.6% 1-year team growth-11.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Sergio Dompé

Other known investors2 additional known investors

  • Italian Institute of Technology
  • Monsanto Growth Ventures
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇮🇹 Italy100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Movendo Technology on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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