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Spanish Startup Podoks Wins 'Most Investable' Award for Third Consecutive Year

Madrid - Podoks, a Spanish startup that has developed the first scientifically-validated biomechanical sock, has been recognized as the "most investable startup" at the Waykup Forum for the third year in a row. The annual private investment and tech entrepreneurship event, held this year in Murcia, attracted over 113 international investors and 67 high-potential startups.

The award underscores Podoks' consistent performance and the market's confidence in the company's ability to transform the foot care sector. "Receiving this recognition not only honors us, but also signals that we are building something with real transformative potential," said David Lucas, CEO and co-founder of Podoks. "Our goal is to become the global leader in foot care, and accolades like this show we are on the right path."

Podoks' pitch to the Waykup jury highlighted three key strengths: a solid clinical foundation, demonstrable market traction, and an ambitious global expansion plan. The company's biomechanical socks are designed to deliver the therapeutic benefits of podiatric bandaging and orthotic insoles, backed by scientific evidence of reduced plantar pressure and relief for conditions like plantar fasciitis.

Beyond the clinical validation, Podoks has also achieved notable commercial success. The company did not disclose specific sales figures, but sources familiar with the matter indicate Podoks has experienced rapid growth since its inception, establishing a presence in key international markets. This consistent performance over multiple years positions Podoks as an outlier in the Spanish startup ecosystem.

"Podoks stands out as one of the most promising initiatives, addressing real global needs in health, sports, and wellness," the Waykup organizers said in a statement. The award reinforces the startup's reputation and could further bolster its appeal to international investors seeking high-growth opportunities in the burgeoning health-tech space.

While Podoks did not provide details on its fundraising plans, the three-peat "most investable" accolade suggests the company may be well-positioned to secure additional capital to fuel its ambitious global expansion strategy. Analysts note that the foot care and orthotics market is ripe for disruption, presenting significant opportunities for innovative, data-driven solutions like Podoks' offering.