Madglove Amsterdam secures Rabobank Innovation Loan to drive further growth
March 18, 2025
Madglove Amsterdam B.V., originally founded at the Vrije Universiteit’s Demonstrator Lab, is proud to announce that it has secured the full Rabobank Innovation Loan. This funding enables the company to continue its mission of viewing disabilities as a form of diversity and providing innovative solutions for individuals with physical limitations.
Jeremiah Oluwatobi Makinde, COO of Madglove Amsterdam: “We are excited to work with Rabobank to achieve our shared goals. This investment will help us drive innovation and bring our glove to more people, improving their quality of life.”
Martijn Starre, Startup & Scale-up Banker Healthcare at Rabobank: “Madglove offers an innovative solution in a growing market, helping patients regain hand functionality and independence, significantly improving their quality of life. Investing in Madglove aligns with Rabobank’s goal of supporting impactful enterprises and bringing about positive societal change.”
Madalina Antonia Riurean, CEO of Madglove Amsterdam: “Securing funding through the Rabobank Innovation Loan is a significant milestone for startups like Madglove. It not only provides the financial resources needed to scale our operations but also validates our vision and innovation in the healthcare sector. Investments like this are crucial for enabling startups to focus on growth, product development, and ultimately making a meaningful impact on the lives of those we serve.”
About Madglove
Madglove develops an accessible, low-tech rehabilitation tool that people can use at home. This tool helps individuals with neurological conditions regain their independence.
More news
RehabAI@Home: public-private innovation for advancing rehabilitation
With RehabAI@Home, there is a unique public-private partnership between VU Amsterdam, Amsterdam UMC, Hogeschool van Amsterdam, and ROM InWest. The goal is to elevate innovation in rehabilitation care by combining science, artificial intelligence (AI), and entrepreneurship, making home rehabilitation more accessible and effective. Why RehabAI@Home? Healthcare faces significant challenges: The number of people […]
News
Innovative Minds: insights from the next generation of scientist-entrepreneurs
Photograhpy by Monika Vaskorova Explore the journeys of UvA Researchers Tijmen Bakker, Olivier Lugier, and Ewelina Weglarz-Tomczak as they transformed their research into impactful startups. From developing solar cells and nanoparticles to creating enzyme-based treatments against Alzheimer’s, these scientists share their experiences of overcoming obstacles, securing funding, and utilizing university support in the context of […]
News
Optics11’s new partnership for breakthrough underwater surveillance by Royal Netherlands Navy
VU spin-off Optics11, partners with Thales to equip Dutch submarines with advanced sonar technology to enhance underwater surveillance capabilities. The ability for the Royal Navy to detect threats in deep waters ensures that potential dangers are identified early. Ultimately, the advancements contribute to stronger national security, safeguarding our interests and maintaining stability. Thales delivers cutting-edge Sonar […]
News