mHUB

mHUB is an independent innovation center located in Chicago, Illinois, that specializes in hardtech and manufacturing. Incorporated in 2013, mHUB focuses on the development and manufacturing of physical products, including robotics, connected devices, sensors, energy technologies, medical devices, smart buildings, and unmanned vehicles. It serves as a collaborative space for startups and small businesses, fostering a community of over 428 active members, including product designers, engineers, and entrepreneurs. Since its launch in 2017, mHUB has facilitated the creation of more than 1,256 products, generated over $1.1 billion in revenue, and supported the hiring of more than 4,153 employees. The center provides essential resources such as funding, co-working space, and industry expertise, enabling innovators to transform their ideas into sustainable businesses and advance the manufacturing sector.

Mark Ladd

Limited Partner

Alex Lambert

Product Impact Fund Associate

Kevin Willer

Chairman of the bosrd

Past deals in Wearables

Hyivy

Seed Round in 2024
Hyivy Health develops an innovative pelvic rehabilitation device aimed at addressing the needs of women who experience pelvic health complications. Recognizing that one in three women will face such challenges in their lifetime, the company provides a solution that offers quantifiable data on the pelvic floor. This device incorporates multiple biosensors and mechanical functions to deliver three distinct therapies, enabling effective treatment monitoring and personalized rehabilitation. By allowing both patients and clinicians to track progress and adapt treatment plans, Hyivy Health enhances the overall rehabilitation experience, making it more effective and comfortable.

Ciconia Medical

Pre Seed Round in 2023
Ciconia Medical is a developer of innovative medical devices focused on enhancing maternal health during childbirth. The company has created an AI-based vaginal examination tool designed to reduce unnecessary invasiveness, pain, and risks associated with labor. This technology enables clinicians to make informed decisions based on accurate and consistent measurements, ensuring a safer and gentler experience for both mothers and their newborns. Ciconia Medical's commitment to improving childbirth outcomes positions it as a significant player in the field of maternal health.

Everyplace Labs

Pre Seed Round in 2023
Everyplace Labs is focused on revolutionizing point-of-care testing through the development of automated solutions. The company has created a self-service kiosk and a point-of-care testing platform that streamlines urine diagnostics. These systems allow for patient-initiated or staff-assisted testing in acute care environments, significantly reducing bottlenecks and enhancing throughput. By integrating add-on devices into toilets, Everyplace Labs automates the entire process from specimen collection to the delivery of results. This innovation minimizes the need for clinical staff involvement, thereby improving efficiency and data accuracy while ensuring a more hygienic and comfortable experience for patients.

Hyivy

Seed Round in 2023
Hyivy Health develops an innovative pelvic rehabilitation device aimed at addressing the needs of women who experience pelvic health complications. Recognizing that one in three women will face such challenges in their lifetime, the company provides a solution that offers quantifiable data on the pelvic floor. This device incorporates multiple biosensors and mechanical functions to deliver three distinct therapies, enabling effective treatment monitoring and personalized rehabilitation. By allowing both patients and clinicians to track progress and adapt treatment plans, Hyivy Health enhances the overall rehabilitation experience, making it more effective and comfortable.

Kwema

Pre Seed Round in 2023
Kwema, Inc. is a company that specializes in developing personal security devices aimed at enhancing safety for women in distress. Founded in 2016 and based in Springfield, Massachusetts, Kwema has created innovative products, including the world's first smart badge reel that features a hidden duress button. This device allows employees to discreetly summon help in situations of workplace violence. Additionally, Kwema offers software solutions designed to foster safer communities for women. Their technology enables users to connect with friends, family, and local security services through fashionable wearable devices or applications, ensuring immediate assistance in emergencies. By integrating safety features into everyday wearables, Kwema addresses the need for accessible and unobtrusive personal security solutions.

Everyplace Labs

Seed Round in 2021
Everyplace Labs is focused on revolutionizing point-of-care testing through the development of automated solutions. The company has created a self-service kiosk and a point-of-care testing platform that streamlines urine diagnostics. These systems allow for patient-initiated or staff-assisted testing in acute care environments, significantly reducing bottlenecks and enhancing throughput. By integrating add-on devices into toilets, Everyplace Labs automates the entire process from specimen collection to the delivery of results. This innovation minimizes the need for clinical staff involvement, thereby improving efficiency and data accuracy while ensuring a more hygienic and comfortable experience for patients.

Ping Corporation

Pre Seed Round in 2021
Ping is a B2B, SaaS-based company that utilizes wearables and AI to improve caregiving for older adults. We focus on the safety, wellness, and social connection of our elders. By using wearables data collected from our elderly users, our Machine Learning algorithms capture and present critical and actionable data to their families and caregivers.

Bionode

Pre Seed Round in 2021
Bionode LLC is a clinical-stage company based in Indianapolis, Indiana, focused on developing innovative medical devices for the treatment of glaucoma. Founded in 2016, Bionode specializes in a wearable neuromodulation device that employs electrical signals to regulate intraocular pressure naturally. The device, which resembles a contact lens with embedded gold traces, delivers targeted impulses to the eye, offering a non-invasive and personalized therapy to manage elevated intraocular pressure. In addition to the device, Bionode provides an integrated software application that delivers essential information to both patients and clinicians, enhancing the overall treatment experience. Through its advanced technology, Bionode aims to improve outcomes for individuals at risk of blindness due to glaucoma.

Neursantys

Pre Seed Round in 2021
Neursantys is a company focused on addressing neurophysiological impairments related to balance, particularly those caused by aging, injuries, and neurological conditions. It has developed NEURVESTA, a non-invasive wearable device that detects vestibular-related balance impairments and employs a specialized form of neurostimulation known as Electrical Vestibular Stimulation (EVS) to correct these issues. The device leverages sensors and machine learning to screen for impairments in the vestibular balance system, facilitating personalized care from healthcare providers. By offering a cost-effective alternative to traditional diagnostic methods and treatments, Neursantys aims to improve the quality of life for millions of individuals affected by balance disorders, significantly reducing the economic burden associated with these conditions.

CareBand

Funding Round in 2021
CareBand is focused on enhancing the quality of life for individuals living with dementia through its innovative wearable device. This device monitors activity and location, allowing caregivers to proactively address neuropsychiatric symptoms such as wandering and agitation using non-pharmacological interventions. The system features the LEAP Platform, which provides both indoor and outdoor location tracking, customized alerts, and event monitoring. Additionally, CareBand is developing Insight AI, an individualized pattern recognition tool designed to identify early changes in a patient's condition, such as bathroom utilization and fall risk. By enabling individuals with dementia to maintain their independence and safety, while also providing peace of mind to caregivers and family members, CareBand aims to reduce unnecessary hospitalizations and promote a higher standard of care.

Ascent Integrated Tech

Seed Round in 2021
Ascent Integrated Tech develops life-saving technology aimed at enhancing the safety and effectiveness of first responders, including firefighters and special forces. The company’s hardware-enabled software platform, known as the Tactical Assault Kit (TAK), provides real-time situational awareness through a dashboard that integrates with existing equipment and wearable devices. This technology enables incident commanders to monitor the locations and physiological conditions of their teams in hazardous environments, facilitating informed decision-making during emergencies. Ascent’s solutions are already in use across major U.S. metropolitan departments and are expanding internationally through collaborations with original equipment manufacturers and distributors. The company is supported by government contracts and venture funding, positioning it as a leader in redefining situational awareness for emergency response.
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