Wearable health tech firm Mio Global secures $15 million in series B funding

Picture credit: Mio Global

Canada-based Mio Global, a company which provides wearable health technologies, has announced $15 million in funding led by Hydra Ventures with participation from private investors.

The company is seeking to impact the global health scenario with its new Personal Activity Intelligence (PAI) personal health metric and Mio SLICE wrist-based fitness tracker.

PAI uses heart rate to track the body’s response to all types of physical activity while providing actionable and...

By Wearable Tech, 20 October 2016, 1 comment. Categories: Devices, Fitness, Health Monitoring, Health & Wellness.

TomTom Touch is a bold wearable that doesn't quite fit

You've probably heard of TomTom, but the likelihood is you remember them for some of the best in-car satellite navigation systems. The rise of smartphone apps with connected features and constant updates has muscled in on TomTom's once large market and driven the company to explore more future-proof efforts. 

TomTom believes it has something to offer...

By Ryan Daws, 14 October 2016, 0 comments. Categories: Devices, Health Monitoring, Health & Wellness, Trackers.

This company has just been named the enterprise wearable device of the year

Picture credit: Vuzix

US-based Vuzix-owned next generation M300 Smart Glasses has been awarded the Enterprise Wearable Device of the Year by Compass Intelligence, a market analytics and consulting firm that specializes in metrics-driven market intelligence, advisory, marketing support, and insights for the mobile, IoT, and high-tech industries.

The Vuzix M300 is designed to address customer feedback from more than two years of productive use of the earlier M100 Smart Glasses. Its advanced ergonomic design and...

By Wearable Tech, 13 October 2016, 0 comments. Categories: Devices, Enterprise, Workplace.

ABI Research: Global wearable device shipments to hit more than 500m by 2021

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A new report from ABI Research predicts that the global wearable device shipments will increase from 202 million in 2016 to more than 501 million by 2021.

Analysts say that 17% of the shipments are attributed to enterprise end users in 2016, which will see the segment to nearly double at a CAGR of 35% by the end of the forecast period. It is also estimated that more than 16 million wearables – from activity trackers to healthcare monitors and from 3D motion trackers to...

By Wearable Tech, 12 October 2016, 0 comments. Categories: Devices, Enterprise.

This company claims to have launched the first UV-focused smartwatch

Picture credit: Dipitr/YouTube

Dipitr Technologies has launched O'We, the first smartwatch that aims to monitor sun exposure. The fitness watch is currently available for pre-order at an early-bird discount of 40%.

The new smartwatch has a feature called SunTrack that tracks sun exposure, and will soon launch on the crowdfunding website Kickstarter. Apart from the sun exposure monitor, the watch has other fitness features including measurements of daily...

By Wearable Tech, 28 September 2016, 0 comments. Categories: Devices, Health Monitoring, Health & Wellness, Smartwatches.

Apple Watch leads in smartwatch sector – but overall growth “slow”, argues Kantar

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The latest Kantar Worldpanel ComTech data on wearable device usage, as of July 2016, argues that while Apple still leads in smartwatch sales, overall sector growth is slow.

15.2% of US consumers own a smartwatch or fitness band, with the EU4 (France, Germany, Italy, UK), with an 8.1% penetration. Excluding fitness bands, adoption of smartwatches remains slow with 3.2% in EU4 and 4.7% in the US.

In the quarter ended July 2016, 47% of total wearable sales in the US were in the smartwatch...

By Wearable Tech, 23 September 2016, 0 comments. Categories: Devices, Research, Smartwatches.

Teva and Intel to develop wearable device that helps in Huntington’s disease treatment

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A new wearable device and a machine learning platform developed by Teva Pharmaceuticals and Intel Corporation is said to analyse and measure the development of Huntington’s disease (HD) that will help improve treatment evaluation.

Intel’s specialty in analytics and algorithm development for movement detection will melded with Teva’s specialty and deep knowledge in HD treatment and research, the companies claim.

In order to enhance and better understand the...

By Wearable Tech, 20 September 2016, 0 comments. Categories: Devices, Health Monitoring, Health & Wellness.