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Gondola: 7 Years After Its EIC Accelerator Grant, No US Launch

October 7, 20262,356 words12 min

Gondola Medical Technologies makes a pair of boot-like units that press, in sequence, on the head of the big toe and the first metatarsal joint of each foot, for less than two minutes, to help people with Parkinson's disease walk. In October 2019 the European Commission selected the Swiss company in the first cut-off of the EIC Accelerator pilot, and CORDIS records an EU contribution of €2,493,920.63 for the project, GONDOLA AMPS. The proposal promised break-even in less than three years and "more than 150 highly qualified jobs" across Europe and later the USA, Canada and Japan.

Seven years later the company is still trading, its device carries a CE mark, and an 83-patient trial published in 2025 found that it made patients walk faster. But the US launch it has announced as imminent since 2016 does not appear in the FDA's public records, its website now speaks only of Parkinson's disease, and its team page names four people, against the 17 employees it reported in December 2020.

€2.49MEU contribution to GONDOLA AMPS, 2020 to 2022
83Patients in the multicentre trial published in April 2025
17 to 4Staff in 2020 against people on the 2026 team page
No FDA recordFor a US launch first expected in 2017

Company file

Legal entity
Gondola Medical Technologies SA, UID CHE-411.255.977
Registered
June 2011 in Ticino as Ecker Technologies Sagl; seat in Epalinges (Vaud) since November 2019
Address
Route de la Corniche 4, Biopôle, Epalinges; second address in Stabio
Founders
Francesco Cecchini (CEO) and Stefano Tassin (CTO)
Share capital
CHF 132,938.73 since December 2021
Known funders
Privilège Management, a family office and private investors (2019); Fondation pour l'Innovation Technologique loan (2021)
EU projects
GONDOLA (SME Instrument Phase 1, €50,000); GONDOLA AMPS (EIC Accelerator pilot, grant only)
EIC Fund
Not in the portfolio

Where Gondola Stands Now

The company is registered as existing in the Swiss commercial register, with Fiduconsult Lausanne as its auditor, according to Zefix and Moneyhouse, which list Lucian Wagner, Francesco Cecchini and Stefano Tassin on the board. The last entry in the Swiss Official Gazette of Commerce, on 7 March 2022, records the departure of a board member. Swiss limited companies of this kind do not have to publish accounts, so revenue, losses and staff numbers are not public.

Its commercial activity now centres on Italy. The company website leads in Italian with an Italian phone number, and its blog, updated in April and May 2026, is aimed at Parkinson's patients and their carers. Its team page names four people: the two founders, an operations manager and a customer service and administration employee. In a May 2026 interview with Meta Communications, Cecchini said the company had not yet worked properly on cost-benefit documentation and reimbursement, that only the Lombardy region refunds patients, at 70% of the cost under an annual regional scheme, and that elsewhere in Italy patients pay in full. In March 2025 he told the USI Startup Centre that the company's short-term goals were to raise funds, obtain reimbursement approval and hire one new team member.

"Eight people out of ten tell me: 'Why didn't my neurologist tell me?' I cannot answer that question."

Stefano Tassin, co-founder and CTO, on the company blog, April 2026 (translated from Italian)

The Technology: Pressure on Four Points of the Feet

Gondola calls its treatment Automated Mechanical Peripheral Stimulation (AMPS). Each foot unit has motors that push rounded tips into two points of the sole, six seconds per point, in a cycle repeated four times, according to the description of the AMBITION study published by Biopôle. The company says the stimulation sends stronger sensory signals to the spinal cord and brain and restores some of the automatic control of walking that Parkinson's erodes. A home version is fitted to each patient with 3D-scanned insoles, and a professional version is used in clinics, the CORDIS final report says.

The established treatments for walking problems in Parkinson's are dopamine drugs, deep brain stimulation and physiotherapy. Freezing of gait, when patients suddenly cannot lift their feet, often responds poorly to drugs. Gondola's pitch is a two-minute, non-invasive add-on with no drug side effects. The idea originated with Tassin, a rehabilitation specialist who noticed in the early 2000s that pressing a point on a patient's foot improved walking, the company's history page says. The EU's Horizon magazine profiled the device in October 2019, quoting a patient who said it let him return to normal life without raising his medication.

The evidence is stronger than for many devices of this kind. The largest trial, a double-blind, sham-controlled crossover study at four Italian centres, randomised 83 patients and was published in the Journal of NeuroEngineering and Rehabilitation on 8 April 2025. Gait speed rose by 0.19 m/s in the first treatment period and 0.14 m/s in the second, both above the 0.06 m/s the investigators set as the threshold for success; they described the clinical impact as moderate. The paper says the work was partly funded by the Italian Ministry of Health and does not mention the EU grant. A 2023 review of ten AMPS studies found positive effects on walking speed, stride length and stability, but called the evidence limited and asked for further well-designed randomised trials to establish long-term efficacy.

What the EIC Project Promised, and What CORDIS Shows

The European Commission's list of companies selected at the 9 October 2019 cut-off names Gondola Medical Technologies SA of Lugano, with GONDOLA AMPS as a grant-only project; no other company is listed for it. The grant agreement was signed on 12 February 2020, and the project ran from 1 January 2020 to 30 June 2022 under the Horizon 2020 SME instrument call, with a total cost of €3,562,743.75. CORDIS lists the Swiss company as sole beneficiary of the EU contribution, and the company's website footer credits the European Union's Horizon 2020 programme under grant agreements 836225 and 946638. The first of these was a €50,000 SME Instrument Phase 1 feasibility project from December 2018 to March 2019. The consultancy Catalyze says in a case study that it reviewed the company's third application to the EIC Accelerator and helped manage the project afterwards.

The final report lists a new generation of home and professional devices developed and "placed on the market", CE certification work, a supply chain, a 3D foot-scanning and insole facility, firmware and a smartphone app, two planned randomised trials, and regulatory work under the new EU Medical Device Regulation and for the US market. It reports regulatory activity for the US as "advancing", not completed. Set against the proposal, the record looks like this:

  1. New home and professional devices on the marketDeliveredBoth versions are sold under CE mark 0476, per the company and Meta Communications.
  2. Further randomised evidencePartialThe 83-patient Italian trial was published in 2025. The company-sponsored AMBITION trial at Cologne University Hospital has status "unknown" on ClinicalTrials.gov, last updated in April 2021, with no results posted.
  3. US market entryNot achievedNo Gondola record in the FDA's 510(k), PMA or establishment registration data; no US launch announced.
  4. Stroke as a second marketNot achievedThe 2021 plan for a stroke study with CHUV produced no publication indexed in PubMed; the website now covers Parkinson's only.
  5. Break-even within three years and 150+ jobsNot achievedFour people on the team page in 2026; in 2025 the CEO named fundraising as a priority.

What Happened After the Grant

The first year went to plan. In October 2019 the company closed a round of undisclosed size with the Lugano venture firm Privilège Management, a family office and private investors, and said it would "set up shop in the United States in 2020", according to Biopôle. It moved its registered seat from Lugano to the Biopôle science park in Epalinges, near Lausanne, in November 2019, as the gazette entries show. By December 2020 it reported 17 employees, up from 5, a third-generation home device, and new studies with Cologne University Hospital and Lausanne University Hospital (CHUV), with US market entry "planned for the coming months", Startupticker reported.

In March 2021 the Fondation pour l'Innovation Technologique lent the company CHF 500,000, CHF 200,000 upfront and the rest tied to milestones, to expand its clinical research team. Biopôle's announcement put the company's funding since 2019 at €4 million in equity and loans, including the €2.5 million EU grant. In June 2021 Venturelab picked Gondola for its first Venture Leaders Medtech roadshow to Boston, and in November 2021 the company announced a study of the therapy's mechanism with Mount Sinai's Abilities Research Center in New York, according to its press release. That study was withdrawn in January 2023 with no patients enrolled.

No funding round, new investor or financing after the 2021 loan could be found. The company's share capital has not changed since December 2021, according to the register.

The American Question

The US has been Gondola's next step for a decade. In December 2016 the FDA accepted the device into its Expedited Access Pathway, and the company expected to complete the tasks for US market authorisation "within the next 12 months", Startupticker reported. Today two profiles, on Top 100 Swiss Startups and in the May 2026 interview, say the device has FDA Breakthrough Device designation. Both rest on the company's own statements; the FDA does not publish the names of designated devices, so the designation could not be checked independently. A designation is not a marketing authorisation, and no clearance or approval for the device appears in the FDA's public databases.

What the company said

US authorisation within 12 months (2016); a US base in 2020 (2019); US entry in the coming months (2020); break-even in under three years and more than 150 jobs (EIC proposal).

What the record shows

A CE-marked device sold mainly to Italian patients who largely pay out of pocket, one published 83-patient trial, no US authorisation on record, and four people on the team page.

Why Europe Should Care

More than 7 million people in the EU live with Parkinson's disease or long-term disability after stroke, the CORDIS objective says, and the Commission's Healthier Together initiative for 2022 to 2027 has a strand on mental health and neurological disorders. A home therapy that helps people keep walking fits that goal, and the EU paid most of the cost of bringing it to market. Gondola's case shows the gap that grant money does not close: a device can have CE marking and trial evidence and still reach few patients if health systems do not pay for it and neurologists do not prescribe it. The company's own admission that it has not yet built the cost-benefit case for reimbursement points to where the work remains.

What could not be verified

Revenue, losses, current headcount, the number of devices sold, the outcome of the AMBITION and CHUV studies, and the FDA Breakthrough designation are not public. The company is not in the EIC Fund portfolio, which is consistent with its grant-only award.

The Verdict

A product, not yet a business at scale

The EIC grant did what grants can do: Gondola built and sold new devices, and the clinical case for its therapy grew stronger, with an 83-patient multicentre trial in 2025. What the proposal sold beyond that, a US launch, a stroke market, break-even and more than 150 jobs, has not happened. Seven years on, Gondola is a small company with a credible therapy and a reimbursement problem.

Gondola Medical Technologies has not been asked for comment for this article. It is based entirely on public records, company statements and EU project data, linked throughout.

Industry

HealthMedical devices

Focus
  • Neurology devices
Technologies
  • Neuromodulation
Keywords
  • Parkinson's disease
  • Gait
  • Foot stimulation
  • Rehabilitation
  • Mechanical stimulation

Start with the EIC Accelerator

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Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

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Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

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Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

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EIC AcceleratorBeneficiary Deep Dive#Gondola Medical Technologies#GONDOLA AMPS#Parkinson's disease#gait rehabilitation#medical devices#Switzerland
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