Roehl Niño Bautista · · 1 min readNUS wearable tech spinoff gets $808k seed funding
Singapore-based Microtube Technologies, a wearable sensing tech firm, has raised S$1.1 million (US$808,523) in a seed round led by Oriza Greenwillow Technology Fund.
Photo credit: Microtube Technologies
Founded in 2018 by Chwee Teck Lim, Joo Chuan Yeo, and Longteng Yu – who are all inventors from the National University of Singapore – Microtube creates stretchable and “imperceptible” sensors that serve as wearable controllers for digital interactions. It is eyeing use cases in gaming, fitness, healthcare, training, and virtual reality interactions.
The startup will use the seed funding to expand its management team, build partnerships, and develop related products.
Microtube has already launched sensor development kits that use fabric sensors, sensing boards, and software. It has also teamed up with a hospital in Singapore to develop a simulation program for intravenous cannulation.
“Beyond sensing, the company has its eyes on building haptic wearables for the metaverse, allowing a more immersive environment for the user with the virtual world,” said Yeo, who serves as the company’s CEO.
See also: These are the most active investors in Singapore’s startups
Currency converted from Singapore dollar to US dollar: US$1 = S$1.36.
Editing by Miguel Cordon and Lorenzo Kyle Subido
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