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Wearable sensor firm Stretchsense secures Series A funding
12
Jul '16
Courtesy: Stretchsense
Courtesy: Stretchsense
New Zealand based wearable sensor company Stretchsense said it has secured Series A funding from Japanese company Start Today Co.

Start Today operates Japan’s largest online store for apparel and accessories, Zozotown and also Japan’s largest fashion coordination app, wear.jp.

Stretchsense is a producer of soft stretchy sensors and generators for wearables and its products are ultra-soft and precise, making them ideal for sporting, AR/VR, animation, and healthcare applications.

The company which sells to over 200 customers in 28 countries has earlier raised funds from Flying Kiwi Angels and the New Zealand Venture Investment Fund.

Stretchsense will use the funds to expand its marketing, sales, and support capability offshore and also upgrade its pilot production and R&D capabilities in New Zealand.

Ultimately, Stretchsense aims to develop unobtrusive self-powered sensors for wearables that search for energy from their environment. (AR)

Fibre2fashion News Desk - India


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