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RE: LeoThread 2024-11-12 01:30

“[This technology] works beautifully in a lab. In the lab, everything is super stable. You can stabilize the temperature. You can stabilize the pressure when you push your arm against the sensor,” Kischkat said. “When you’re going out and taking this thing jogging, everything vibrates, everything moves around. You need a stable reference point for every measurement.”

To bolster its R&D, the company just raised €8.5 million ($9.05 million) in seed funding from Point72 Ventures (a firm founded by prominent hedge fund manager Steven Cohen) and Munich-based Vsquared Ventures.