South Korea-headquartered Sky Labs has netted $20 million in a Series B investing round participated by new investors KB Investment, Korea Investment Partners and LB Investment.
The financing round was also joined by previous investors Atinum Investment, Moru Asset Management and Soo Investment Capital.
To date, the company has raised a total of $30 million in capital investments.
WHY IT MATTERS...
Medirom, a healthtech company based in Japan, has announced that at CES 2020 it will be working with MATRIX Industries, a Silicon Valley material science company, to deliver the world’s first health monitoring smartband named MOTHER that never requires charging. This will enable users in the US and Japan to monitor their health activities 24/7.
HOW IT WORKS
Medirom provides the software or app...
Geral Wiant of Perpetua with DHS jacket. Photo Credit: Paul Savage Photography
By Padma Nagappan
What began as a diagnostic tool to find the best place to locate an energy harvesting device on an industrial pump or motor, is now being used to trap body heat and convert it into thermoelectric energy that can power monitoring devices worn on the body.
"One of our engineers placed it on his hand by...
