Kinematix, a Porto, Portugal-based wearable device for runners, closed a €2M funding round.
Portugal Ventures made the investment.
The company, which has raised €9.6m in total funding, intends to use the funds to launch TUNE in Brazil.
Expand Wearable Market Leadership in US and European Union to Helps Runners Unlock Their Full Potential to Run Smart.
Led by Paulo dos Santos, CEO, Kinematix provides TUNE, a wearable device for runners that measures basic GPS stats such as pace or speed as well as each foot’s behaviour on the ground via sensors in-shoe (stance dynamics, stance time, strides, and symmetry) to allow users to improve their form and fitness. The data collected from the insoles is automatically synced with the TUNE app on a smartphone or smartwatch and combined with each runner’s personal profile. All this information is then processed in the cloud to build and deliver personalized exercise plans.
FinSMEs
11/11/2016