Editor's note: This article has been updated with original quotes from the heads of Owlet Baby Care and Sandbridge Acquisition.
Owlet Baby Care, the maker of connected infant-monitoring products targeted at consumers, today announced its plans to merge with Sandbridge Acquisition Corporation, a special purpose acquisition company (SPAC) backed by Sandbridge Capital and PIMCO private funds, and to...
Utah-based Owlet Baby Care, which makes the Owlet Smart Sock that monitors infants’ breathing and heart rate, has raised $15 million through venture funding and a collaborator role grant from the National Institutes of Health. The round included new investors Trilogy Equity Partners and the Amazon Alexa Fund, plus existing investors Eclipse and Eniac. This brings the company’s total funding to $...
Owlet Baby Care, a tech startup developing smart socks for monitoring infants' vital signs, raised $6 million in venture funding and another $1 million in the form of an NIH Grant.
The venture funding was led by Formation 8 (F8), with participation from Blake Mycoskie, founder of TOMS Shoes, who recently started a new fund called Carpe Diem VC. Previous investors Azimuth Ventures, ffvc, Eniac...
Mimo onesie and "turtle" device
Last week, Boston-based Rest Devices, maker of a smart baby monitor attached to a onesie called Mimo launched a campaign on crowdfunding site Dragon Innovation. The baby monitor connects to a smartphone and tracks the baby's respiration, skin temperature, body position and activity level and offers an audio feed in real-time.
But this isn't even the first baby...