RECENT NOTABLE ACTIVITY – WEARABLE TECHNOLOGY
- TrackR, a company that develops Bluetooth based item trackers, has raised $50M in Series B funding round. Link
- MC10, a company that develops wearable sensors, has raised $9.2M in a new funding round. Link
- Playbrush, a company that develops connected toothbrush, has raised $2M in a new funding round. Link
- WOO Sports, a company that develops a connected device for monitoring the performance of action sports athletes, has raised $1.6M in a new funding round. Link
- BodyPlus, a company that develops fitness monitoring garments, has raised $155K in a new funding round. Link
- RxFunction, a company that develops a wearable sensory prosthesis for patients with balance problems, has raised $100K in a new funding round. Link
- DAZL, a company that develops connected devices for women safety, has been selected to participate in HAX Growth. Link
- Intelesens, a company that develops a wearable device for monitoring body vitals, has been acquired by medical image management platform UltraLinq Healthcare. Link
- Garmin launches new smart watches with a contactless NFC payments feature. Link
- Lumo Bodytech, a company that develops wearable devices for fitness and wellness applications, has partnered with Puma. Link
- Mio Global, a company that develops fitness tracking wearables, has licensed its proprietary Personal Activity Intelligence (PAI) technology to Lenovo. Link
SOME INTERESTING STARTUPS FOUND
AiBabel (2016, Haidian) – Develops AI powered voice-based real time language translation device.
PKvitality (2017, Paris) – Develops connected watch that can test the glucose level from the skin without requiring any blood sample.
LEADER BOARD – WEARABLE TECHNOLOGY
Fitness
Codoon (2011, Chengdu, $90M) – Smart Wearables and fitness social network for users. Backed by Fountain Investment, Focus Media, SB China Capital, Susquehanna International Group, Shenzhen Capital Group & Citic Capital.
Fitbit (2007, SF, IPO) – Wireless wearable fitness trackers to track person’s activities. Went public in 2015.
Misfit Wearables (2011, Redwood City, Acq.) – Develops wearable fitness trackers. The company was acquired by Fossil Group in Nov 2015.
Athos (2012, Redwood City, $51M) – Developer of smart fitness apparel. Backed by Social Capital, True Ventures, DCM, MAS Holdings.
Smart Watches
Basis (2010, SF, $32M, Acq.) – Fitness wristbands with an algorithm for tracking steps, logging runs and measure sleep. Acquired by Intel in March 2014.
Pebble (2009, Palo Alto, Acq.) – Smart internet-connected watch with apps. Acquired by Fitbit in Dec 2016.
Olio Devices (2013, SF, $14M) – Smart connected luxury watches. Backed by NEA, CrunchFund, Serra Ventures, PCH International, BoxGroup.
Wellness Devices
Chrono Therapeutics (2004, Waltham, $80M) – Providing trans-dermal drug delivery by adjusting the amount of nicotine. Backed by Canaan Partners, Mayo Clinic, Rock Health, Kaiser Permanente Ventures, Endeavour Vision, 5AM Ventures, Emergent Medical Partners, NCI, Fountain Healthcare Partners, Mission Bay Capital, GE Ventures, Labuan IBFC, Cota Capital, Xeraya Capital, Mayo Clinic Ventures, Hikma Ventures.
MUSE (2009, Toronto, $18M) – Headband developed by Interaxon that helps in relaxing the brain. Backed by Felicis Ventures, ff Venture Capital, Horizons Ventures, A-Grade Investments, OMERS Ventures, Build Ventures, Mindfull Investors.
Dreem (2014, Paris, $17M) – Develops sleep tracking wearable device. Backed by MAIF, Innovation 2030.
Healthcare
Senseonics (1996, Germantown, $124M) – Making Continuous Glucose Monitoring devices using proprietary technology. Backed by Delphi Ventures.
iRhythm Technologies (2006, SF, IPO) – Providing solutions for Cardiac arrhythmias with a huge database for heartbeat analysis. Went public in Sept 2016.
MC10 (2008, Cambridge, $66M) – Miniaturised embedded sensors for remote patient monitoring, wellness, cosmetics, industrial and defence purposes. Backed by North Bridge Venture Partners, Medtronic.
VitalConnect (2011, Campbell, $66M) – Develops connected biosensor patches for monitoring body vitals of a patient remotely. Backed by Baxter, MVM Life Science Partners, Perceptive Advisors.
Scanadu (2011, Mountain View, $54M) – All-in-one device measuring temperature, B.P., Heart Rate, HRV, ECG, Oximetry, protein, leukocytes, nitrates concentration. Backed by Tencent, Relay Ventures.
Safety and Tracking
TrackR (2009, Santa Barbara, $61M) – Develops Bluetooth based item tracking devices. Backed by Foundry Group, Amazon, NTT Docomo Ventures, Glenmede, Bespoke Strategies, Revolution, Resolute Ventures, Tech Coast Angels, Wasabi Ventures & IncWell.
Tile (2012, San Mateo, $59M) – Tags to locate and track items. Backed by Bessemer Venture Partners, Khosla Ventures, AME Cloud Ventures, GGV Capital, Rothenberg Ventures, Tandem, Tencent.
Sports
Whoop (2012, Boston, $24M) – Wearable activity tracker for athletes and trainers. Backed by Infosys, Founder Collective, Promus Ventures, Collaborative Fund, Resolute Ventures, Next View Ventures, Two Sigma Ventures, Valley Oak Investments, Accomplice, Atlas Venture.
Zepp Labs (2011, San Jose, $20M) – Devices with sensors to track and analyse the hand or body movement while training for various sports. Backed by GGV Capital, Legend Capital, Unity Ventures, Bertelsmann Asia Investment Fund, The Arena Capital.
Controller
Noitom (2011, Beijing, $25M) – Develops wearable motion capturing devices for a number of applications. Backed by Legend Capital and Animation Alpha.
Petcare
Whistle (2012, SF, $21M, Acq.) – Intelligent monitoring system for dogs. Acquired by Mars in Feb 2016.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount
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