Seed · Healthtech · Cologne, Germany · Founded 2019 · 11–50 employees
niostem is a medtech startup developing a smart wearable device (nio1) that uses bioelectrical stimulation to reactivate hair follicle stem cells and combat pattern baldness. Their Stem Cell Reactivation Technology (SCRT) promises to stop hair loss in 3 months and support hair regrowth from 6 months without pharmaceutical side effects. The company has achieved strong product-market fit with over 4,500 customers across Europe and raised over €1M through a successful Indiegogo crowdfunding campaign. They are backed by notable investors including Entrepreneurs First and Brightlands Venture Partners.
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