Eupry bags DKK 7M from Danish angel investors.
Eupry, a Copenhagen, Denmark-based company working on a wearable that records and automatically sends data about temperature, announced securing DKK 7M ($1.1M) in capital investment.
The money comes from a group of 13 Danish angel investors, including Peter Sandberg, Steen Ulf Jensen and Søren Jørgensen, as well as a growth loan from VF Venture.
Eupry, founded in 2014 by five DTU students led by CEO Adam Hartmann, developed a wearable solution used to monitor pharmaceutical products for the health care - and medicinal industry. The device is equipped with a wireless sensor system that enables the user to access data directly from a secured system fulfilling all GDP standards. The system is sold as a Software As a Service (SaaS), which includes monitoring, alerting, documentation, data retention and ongoing calibration for a fixed monthly price.