Digestive health startup wins product innovation award for Aire 2 breath monitor
The awards will officially take place at a ceremony in Essen, Germany, on Monday, which cofounder and chief technology officer Peter Harte will attend with members of the FoodMarble team to collect the award.
“We’re looking forward to hanging it up in the office beside the patent and the research papers,” he said. “They worked really hard over the 2019 to 2022 period and still are working very hard to keep refining the product.”Listen |Aire 2 is the company’s consumer-focused device, based on second-generation hardware, and accounts for almost 40 per cent of its total sales to date.
But the company has its sights on bigger markets too. “We also have a medical device that’s available in the US,” said Mr Harte. “A big focus for us is scaling up our US healthcare market — that is the main focus over the next year to 18 months.”That may require a new funding round to support growth, but Mr Harte said the company is also approaching profitability and very close to breaking even.
“In a sense, we don’t absolutely need it, but to do things at the speed that we want to, we would require some capital.” The company’s previous backers have included Business Venture Partners, SOSV, Breed Reply, Delta Partners and Enterprise Ireland.
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