Consumer Startup Hugsy Raises $220,000

Hugsy completed $220,000 in seed financing from Leapfunder.

Hugsy is a medtech startup founded in 2016 and based in Eindhoven, the technology and design hub of the Netherlands. The company designs, develops, and manufactures comfort and bonding products for use in neonatal intensive care units in hospitals. Hugsy was founded with the idea that improving the comfort and care of premature babies through enhanced parent-child bonding will make a significant difference in the lives of these small babies.

According to the company, the new funding will help to get its first product into the local market by spring 2018, to be followed by other markets in Europe and eventually North America. Hugsy’s main uses are as a home care product for babies up to three months old, and as a help to parents who are transitioning a premature baby from a hospital incubator to a crib at home.