The company has secured funding from ASICS Ventures to accelerate the commercial launch of its haptic wearable armbands.
"Collaborating with a renowned sports company like ASICS not only validates our technology but also opens new doors to expand our user base and enhance our product offerings. This partnership allows us to combine our expertise in haptic wearables with ASICS’ knowledge of sports apparel and fitness training to create an even more immersive and effective fitness experience for our users"
Octopus Ventures led the investment, which will fund product development and international expansion.
"We’re passionate about improving the experience of children coming to hospital and providing data-driven personalised care. This investment will help us support more children undergoing a wider range of procedures all over the world."
The additional financing was backed by Ericsson Ventures, Metrea Discovery, VU Venture Partners, Sanctor Capital, and Tirta Ventures.
"We are thrilled to have the support of such a diverse and experienced group of investors. This additional funding will enable us to continue the significant progress we have made off the back of our Series A and expedite the advancement of our cloud-based solutions for the metaverse. Our objective is to bridge physical and virtual worlds to improve decision-making, support the creator economy and, ultimately, enhance the quality of life in the real world. We believe that the metaverse’s true success and widespread adoption depend on the creators’ ability to build their own experiences at scale, using open and robust metaverse-as-a-service technologies."
