Intelligent wearables technology company TuringSense announced Thursday that it closed a $3 million pre-Series A round of funding, bringing the company’s total investment to-date to $6 million.
The funding will be used to expand market offerings for TuringSense’s PIVOT line of wearable sensors for high-speed motion capture and analysis for athletes. The round was led by venture capital firm Ideosource, which also invested in the previous seed round, with participation by new investors The Core Group and Fenox Venture Capital.
TuringSense believes it is pioneering wearables, with artificial intelligence being developed under the PIVOT brand, will be able to track the full range of a user’s body movement — for example, a tennis or golf swing — but also make real-time recommendations on performance.
PIVOT Tennis, TuringSense’s first consumer offering that is being piloted, is expected to be available for general sale later this year.
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“Having the financial and strategic support of these sophisticated investors both validates the market opportunity and fuels our momentum as TuringSense expands into the mass market,” TuringSense CEO and co-founder Joe Chamdani said in a statement. “And since PIVOT is configurable, a consumer can use the same wearable for virtually any type of activity or sport.”
Said Andi Boediman, managing partner at Ideosource: “TuringSense’s revolutionary PIVOT technology — which incorporates sensors with highly accurate 3D biomechanics and a platform to accommodate multiple applications — has the potential to transform the wearables market. They are quickly expanding their footprint and building a compelling business.”