We are pleased to announce that RSP Systems A/S has been selected to be a part of the Soonicorn club of Denmark - an elite group of the most promising Denmark startups that have reached significant valuation milestones over the previous few years.
RSP Systems A/S was recognised as a Top Tech Minicorn in Denmark by Tracxn Technologies, a data collection and analysis company that tracks investment opportunities across various sectors. We received this award following analysis of our early-stage growth, valuation milestones, and current investors by internal specialists at Tracxn. Achieving Minicorn status demonstrates our potential for future growth to achieve Unicorn status (a market valuation of USD 1 billion [EUR 915 million]) in the long term.
Our goal at RSP Systems A/S is to set a new standard of care in diabetes management by developing the GlucoBeam, a non-invasive monitoring system that measures diabetes glucose levels. We highly value quality as we fine-tune our technology and as we grow our business. The Top Tech Minicorn in Denmark award demonstrates our ability to succeed in maintaining our quality standard as we move towards bringing the GlucoBeam to the market and improving the lives of millions of individuals with diabetes.
We thank Tracxn for recognising our potential with this award. With over 2500 tech start-up companies in Denmark, it is a great honour to be highlighted as a company that demonstrates execution excellence. We continue to strive towards greater growth to achieve Soonicorn and, one day, Unicorn status, with the help of future investors that share our vision and recognise our potential.