Good Boost Secures £500k for Aquatic Rehab Tech Revolution

Deal News | Nov 20, 2024 | Business Cloud

Good Boost Secures £500k for Aquatic Rehab Tech Revolution

Bristol-based startup Good Boost has secured a total of £500,000 in funding to enhance its AI-driven aquatic rehabilitation technology. This includes an investment of £150,000 from the British Design Fund. The company's innovative approach aims to transform community spaces and swimming pools into venues for therapeutic rehabilitation, wellbeing, and healthy aging by using unique digital aqua paddles to assess human movement in water. This technology is groundbreaking as it provides accurate analysis of aquatic rehabilitation for patients, athletes, and physiotherapists. The funding will aid Good Boost's expansion into public pools and specialist facilities, while supporting further research and development of its technology, which seeks to address health inequalities and improve management of musculoskeletal conditions.

Sectors

  • MedTech
  • Health and Wellness

Geography

  • United Kingdom – The article centers on a Bristol-based startup, indicating the company's operations and the investment are primarily focused within the UK.

Industry

  • MedTech – The article discusses Good Boost's technological innovation in the aquatic rehabilitation sector, a part of the broader MedTech industry, utilizing AI for health intervention purposes.
  • Health and Wellness – Good Boost aims to provide therapeutic and rehabilitation services in communal spaces, focusing on improving public health and wellbeing, an essential aspect of the health and wellness industry.

Financials

  • £150,000 – Investment amount from British Design Fund as part of the larger £500,000 funding round for Good Boost.
  • £500,000 – Total funding round amount secured by Good Boost to enhance its aquatic rehabilitation technology.

Participants

NameRoleTypeDescription
Good BoostTarget companyCompanyA Bristol-based startup developing AI-driven aquatic rehabilitation technology.
British Design FundInvestorCompanyProvides investment for innovative UK startups, contributing £150,000 to Good Boost's funding round.
Ben WilkinsCo-founder and CEO of Good BoostPersonCo-founder and CEO, highlighting the aims and impact of Good Boost's aquatic rehabilitation technology.
Damon BonserCEO of British Design FundPersonCEO of one of Good Boost's major investors, supports the company's engineering solution and scaling ambitions.