Finnish health technology firm Ouraring closes €5 million in Series A funding
Finland-based health technology company Ouraring, which claims to develop the world’s first ‘wellness ring’ alongside corresponding smartphone application ŌURA, has closed a €5 million series A funding round.
ŌURA is used in over 50 countries across the world out of which about two-thirds of the users are in the US alone. Apart from the individual users, many top universities, research organisations, sleep clinics, and companies also utilise rich data provided by...
PIQ introduces AI interface for sports wearables
French sports wearables startup PIQ has unveiled GAIA, an autonomous system, and PIQ ROBOTTM, a ultra-high performance sensor, which enable athletes to identify their winning factors, highlighting the key strength they should concentrate on to succeed.
GAIA is claimed as being the first artificial intelligence system that can independently read and analyse sports movements. With the help of specific motion-capture algorithms, GAIA is capable of breaking down...
IDTechEx argues wearable tech market to exceed $30bn in 2016 and $150bn by 2026
A three year research report from IDTechEx estimates that the global wearable technology market will be worth over $30 billion in 2016. The report says that the market will grow in three stages: 9% annually to over $40 billion in 2018, but then accelerating to 23% through to over $100 billion by 2023, before slowing to 10% to reach over $150 billion by 2026.
The report details IDTechEx's coverage of the wearable technology ecosystem, which looks at the industry from many different...
TomTom launches Get Going campaign to strengthen its wearable sports brand
Picture credit: TomTom
TomTom has partnered with Amsterdam-based advertising agency Pool Worldwide to promote its new Get Going campaign, in order to further strengthen its Sports brand.
The campaign aims to span global markets with television, cinema, print, digital, and out-of-home ad placements.
TomTom has also added three new devices to its North American fitness wearables portfolio, namely TomTom Touch, TomTom Spark 3 and TomTom Adventurer. The TomTom Touch is claimed to be the first fitness tracker in...
North America and Europe expected to lead wearable tech market until 2021
A newly published report from Scalar Market Research has predicted the global wearable technology market to grow at a CAGR of 18.9% from $29.92 billion in 2016 to hit $71.23 billion by 2021.
The report is entitled ‘Wearable Technology Market by Products, Application – Global Revenue, Trends, Growth, Share, Size and Forecast to 2021’, and focuses on the entire ecosystem, from smart clothing and glasses, to augmented reality headsets, to industry verticals from fitness...
LVL breaks $1 million Kickstarter mark for 'first wearable hydration monitor'
Picture credit: BSX Technologies
BSX Technologies has announced that the Kickstarter campaign for its LVL wearable device has surpassed $1 million in funding with an original goal of $50,000, putting it in the top 0.06% of the crowd-funding site’s initiatives.
Integrated with smart sensor and patented red light technology, LVL can monitor the user’s present hydration levels and then recommends the exact volume needed to achieve optimal hydration. The device also tracks heart rate, sleep quality,...
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...
OMsignal launches “truly feminine wearable tech” with smart sports bra
Picture credit: OMsignal
Canada-based wearable sports tech manufacturer OMsignal has announced its latest product – the OMbra.
The OMbra is a smart sports-bra that offers a digital coaching experience to women involved in sports or simply to those who work out every day. It is embedded with patent-pending sensor technologies that accurately capture the body’s deepest signals and streams the data to the user’s smartphone. The company claims that the bra combines accurate heart and breathing...
Eccrine Systems secures $5.5m in series A for sweat-sensing wearable tech
Eccrine Systems, a Cincinnati-based company dedicated to improving human health, safety, and productivity through innovation and development of advanced sweat sensing technologies has raised $5.5 million in series A funding.
The company’s technology platform addresses a wide range of monitoring applications including industrial toxicity, fitness-for-duty, stress management, treatment effectiveness and various medical conditions. The raised funds will help accelerate the...