Helping Hands Nuada III

Nuada is a Portuguese tech startup that develops soft and intelligent exoskeletons. Their patented technology was first applied to the hand in order to create a system that looks like a normal glove, enabling its user to hold objects up to 40 kgs with their hand completely relaxed. The electronic glove is safe, light, and small and was designed to be affordable and non-intrusive. By using thin, breathable, flexible, and smart textiles that are customizable, it’s a unique enhancement technology developed to be an everyday essential wearable that people forget they are wearing.

The system was designed to have in mind people suffering from any kind of hand or wrist musculoskeletal disease and/or acute pain. These symptoms affect several millions of people in the world due to multiple causes such as ageing, arthritis, strokes, occupational diseases, among others. From the company’s contacts with stakeholders, other markets have emerged: labour-intensive industries with the use being mostly related to occupational disease prevention or productivity enhancement; the sports sector, mainly to provide a tool for performance improvement and to minimize the risk of injuries; physiotherapists as a rehabilitation tool for people with disabilities.

After having successfully validated the idea, the company is now finalizing the marketing campaign to start the pre-sale phase. Currently, there are about 1050 people on the waiting list with no marketing effort.

The flagship product is composed of a glove, with bioinspired artificial tendons and multiple sensors, and a bracelet, comprising most of the electronics and connectivity. The proprietary software and sensor arrays provide automatic and intelligent interaction in order to achieve a seamless user experience. It also shares sensor data from the glove to a smartphone and a cloud-based server, which can then be accessed and analyzed by the user or a healthcare professional in a smartphone, PC, or tablet app in real-time or on-demand.

In parallel, the company is preparing for the industrialization phase.

This is the promoter's third campaign with GoParity after raising 350.000€ in the two previous campaigns: Helping Hands Nuada and Helping Hands Nuada II. The first project has successfully reached its payments plan's maturity. All investors have received the capital invested in its integrity, as well as the interest payments.