Company Research Report: Magnes AG
Company Overview
- Name: Magnes AG
- Mission: Magnes is dedicated to analyzing human movements using AI algorithms and wearable sensors to provide biofeedback. Their mission extends to the management of neurological disorders, fall prevention, AR/VR rehabilitation, and the development of digital biomarkers for new drugs.
- Founded: No information is available.
- Founders: Olgac Ergeneman (Co-Founder / CEO), George Chatzipirpiridis (Co-Founder / COO)
- Key People:
- Cro-Founder / CEO: Olgac Ergeneman
- Co-Founder / COO: George Chatzipirpiridis
- CTO: Alessandro Schaer
- Other members include Henrik Maurenbrecher (Research Engineer), Chinouk Van Nijen (Business Development Manager), Flavia Lombardo (Marketing & Sales Manager), among others.
- Headquarters: Hardturmstrasse 253, 8005 Zurich, Switzerland
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Magnes is recognized for its innovation in healthcare solutions, particularly in developing wearable technology for gait analysis and medical applications.
Products
1. NUSHU
- Description: A medical device that enables patients to collect gait data and share it with healthcare professionals. It provides vibrotactile feedback to assist patients while walking.
- Key Features:
- Real-time feedback
- Data shareability
- Vibrotactile feedback
2. NUSHU Research
- Description: An advanced suite for gait analysis with assessment modes and over 35 computed gait parameters. It includes a dedicated app and dashboard and offers analysis in various settings.
- Key Features:
- Seamless data management and sharing
- Multiple assessment modes
- Vibrotactile feedback modes
3. NUSHU X
- Description: A user-friendly solution for users of any age, designed for activity tracking, walking pattern analysis, and wellbeing assessment.
- Key Features:
- Accessible for all age groups
- Comprehensive activity analysis
4. NUSHU Kids
- Description: Sensor-integrated footwear for children, enabling detailed walking analysis and mobility assessment.
- Key Features:
- Real-time vibrotactile feedback
- Gamified assessments and exercises
Recent Developments
- FDA Listing: NUSHU smart shoes are now registered with the FDA, enabling real-time activity and gait analysis with instant feedback (January 2024).
- NUSHU X Launch: Launched on the West Coast of the USA and conducted tours in the Netherlands, Germany, and Slovenia (March and April 2024).
- Innosuisse Certificate: Received recognition for sustainable growth through the prestigious Innosuisse Certificate (July 2023).
- New Office: Relocation to a new office in Zürich West, a hub for global companies and startups (January 2023).
- Collaborations:
- NUSHU R Project: Ongoing European project for stroke survivors' gait rehabilitation.
- Smart Ankle: Collaboration with Jamieson Trauma Institute on monitoring weight bearing through sensor technology.
- CR3PES: Concluded development of a smart pedal system for rehabilitation in 2021.
- Collaboration with Hirslanden: Partnered with Hirslanden Clinic for collecting patient gait data (February 2022).
- Partnership with Pryv: Collaboration to enhance patient privacy in neurological disorder monitoring solutions (January 2022).
New Partnerships
- Roche Startup Day: Participated and was selected among startups for the event (August 2022).
Awards
- Swiss National Startup Team 2023: Chosen to represent Swiss innovation in Silicon Valley (February 2023).
- Swiss AI Awards: Achieved 2nd place (July 2022).
- Swiss Excellence Awards: Honored as a finalist (September 2022).
Events Participation
- World Parkinson Congress: Attended the 6th WPC in Barcelona (July 2023).
- DayOne Demo Day: Presented NUSHU (November 2022).
This report outlines the key aspects of Magnes AG, encompassing its innovative healthcare solutions and recent endeavors in technology advancement and strategic partnerships.
