Technology Greece Eu Investment Sports

Investment & Fund Management

European Investment Fund Partner

Full Credential Description

In 2010, Demetres Stordopoulos, the founder of Tribe, faced a significant challenge after suffering a meniscus tear in his knee. Frustrated by the lack of clear information regarding his injury and the absence of effective preventative solutions, he identified an opportunity to innovate within the wearable technology space. Tribe, based in Komitini-Thrace, Greece, specializes in developing wearable devices that monitor users' vital statistics through electrical impulses on the skin's surface. These devices are designed to predict future injuries by collecting data from sensors attached to athletic gear or embedded in the fabric itself.

The tailored solution provided by Tribe involves the analysis of previously inaccessible metrics such as fatigue, intensity, and muscle coordination. This data-driven approach allows athletes to gain insights that surpass their self-reported experiences, ultimately aiming to prevent recurring injuries. Tribe's innovative technology not only addresses the immediate needs of athletes for injury prevention but also enhances their overall performance by providing detailed feedback on their physical condition.

The company received EU-supported investment through the JEREMIE Openfund II, which has facilitated its growth and development in the competitive wearable computing market. Through this support, Tribe is positioned to make a significant impact on the sports and health industries by offering solutions that enhance athletic performance and reduce injury risks.