Precure, an Allinge, Denmark-based company working on the development of a wearable device for the health industry, secured a capital investment of $500K (approx €456K). The round was led by Sparekassen Bornholm Fond’s subsidiary Sparbo Finans, Bornholm’s Business Foundation, and a private investor.
The Danish company intends to use this funding to initiate collaboration with business partners, help more companies avoid strain related musculoskeletal disorders. Part of the investment will be used for expansion purposes in Germany and the United States.