HEALYXZ receives EXIST founder grant

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After successfully passing Batch #5 of the SCE Start-up Certificate Accelerator and a strong third place at the Strascheg Award 2020, in the category "Best Business Idea from Science and Practice", HEALYXZ could now announce another highlight. Since October 2022, the team has been funded by the German Federal Ministry for Economic Affairs and Climate Protection and the European Social Fund as part of EXIST.

The EXIST-Gründerstipendium is a funding program of the German Federal Ministry of Economics and Climate Protection. Through coaching as well as financial support, the EXIST-Gründerstipendium is an important pillar in the further development of HEALYXZ.

About every fifth person in the world suffers from back pain. For the German economy, back pain causes an annual productivity loss of more than four billion euros. The HEALYXZ team, consisting of Paul Thouet, Thomas Sonnenstuhl, Timur Avci, Anmol Kawatra and Elias Schmid, aims to restore the quality of life of pain sufferers through a new form of therapy used to treat intramuscular pain. To this end, the team is developing a wearable, wireless and rechargeable heat-cold patch. The medical device, which is worn on the skin, can be controlled via an app and the comfort temperature can be targeted and individually adjusted. As a special feature, the app offers the execution of pre-programmed temperature cycles, which are tailored to different types of pain. Through adjustable temperatures or the alternation of heat and cold, HEALYXZ enables pain relief with increased healing progress and is more effective than pure cold or heat applications, which are often only available as disposable products.

Prof. Dr. Erwin Steinhauser of FK06 supports the founding team as a mentor and through his expertise in the medical device industry, especially in the upcoming approval as a certified medical device.

The incubation in the SCE as well as the financial support by the EXIST-Gründerstipendium enable HEALYXZ to further develop the heat-cold patch and to implement the regulatory requirements for medical devices.

We wish the whole team all the best and are looking forward to accompany you on your exciting way.

If you are interested in the topic or have any questions, please take a look at LinkedIn or their website: LinkedIn, www.healyxz.com.

Push your ideas with HM & SCE! Become part of the Start-up League yourself! Apply now for the industry-open Start-up Accelerator for successful start-up and launch support! Application and information at www.sce.de/start-up-zertifikat