Transylvania Angels Network

Stressless, ADHD monitoring device, gets over €100,000 in financing from angel investors and EIT Health

Cluj-based Stressless, developers of TULLY, a wearable emotional monitoring and control device for children diagnosed with ADHD (Attention Deficit Hyperactivity Disorder) announced the closing of the first angel funding round of €45,000 from a group of tech angels investors, including Dragos Nicolaescu (founder of Tech Startup School), Niculae Dinca and Emmett King (Co-founder of Transylvania Angels Network, Cluj).

The funding adds to an €75,000 EIT Health – RIS InnoStars grant, in which Stressless collaborates with the Faculty of Psychology of Babeș-Bolyai University from Cluj-Napoca and FreshBlood (the EIT Health RIS hub for Romania), and will be used to further development and large scale testing of the device and for a crowdfunding campaign launch towards the end of the year.

TULLY is a wearable device monitoring physiological indicators, helping children with ADHD and their therapists by providing external input for stress and agitation awareness, and by improving the therapist’s visibility on his patient’s emotional evolution and therapy efficiency. Hyperactivity in ADHD is linked to intellectual challenge and mental strain and manifests mostly during school lessons. The intellectual challenge increases the children’s stress until an emotional flare episode. This can happen multiple times a day, interrupting classes and leading to the children’s marginalization, with severe effects on their development. 

“Knowing the team for some time, it’s not hard to appreciate the dedication and passion that they invest in helping children, parents and last but not least, doctors who use the TULLY app. In addition, the financing of this startup is an excellent example of communication and inter-organizational support, which brought together various members of the Romanian startup ecosystem, including: Transilvania Angels Network, TechAngels, Cluj Startups, FreshBlood, Babeș-Bolyai University and EIT Health”, said Emmett King, co-founder of Transilvania Angels Network and one of the investors.

For more details please see here