SICTIC
SICTIC is a non-profit association based in Switzerland, established in 2014, that focuses on connecting early-stage technology startups with a robust community of angel investors. With offices in Zürich, Lausanne, and Ticino, SICTIC organizes online deal flow and matchmaking, as well as in-person pitching events to facilitate these connections. Since 2018, it has emerged as the largest and most active business angel network in the country, recognized for its significant contributions to the startup ecosystem, including being named "Best Performing EBAN Member 2018" among over 150 member organizations worldwide. Through its efforts, SICTIC plays a vital role in fostering innovation and entrepreneurship in Switzerland.
Past deals in Wearables
BreezeLabs
Pre Seed Round in 2024
BreezeLabs, established in 2016, specializes in developing innovative mobile software for athletic performance monitoring. Their flagship product is a smartphone application that tracks respiration rate during exercise using the built-in microphone in standard headphones. This unique approach eliminates the need for additional wearables, allowing athletes and fitness enthusiasts to monitor their breathing patterns without disrupting their workout routines. By providing real-time breathing data, BreezeLabs' solution aims to enhance training effectiveness and prevent injuries.
Biped.ai
Venture Round in 2024
Biped.ai is focused on enhancing accessibility for blind and visually impaired individuals through innovative technology. The company has developed a smart harness that employs autonomous navigation techniques to assist users in navigating their environment. This device provides intuitive feedback using 3D sound and vibrations, allowing users to detect obstacles and spatial orientation. Designed for versatility, the harness can be worn as a belt or chest strap, or it can be integrated with a white cane. Biped.ai aims to complement traditional mobility aids like white canes and guide dogs, offering a modern solution to improve independence and safety for individuals with visual impairments.
Ovomind
Convertible Note in 2024
Ovomind is a technology company developing smart wristbands equipped with sensors that analyze users' emotions via biosignals. These devices communicate with video games in real-time, adapting gameplay based on the wearer's emotional state. The company aims to enhance gaming experiences by incorporating emotional feedback, placing human emotion at the core of interactive entertainment.
Ovomind
Seed Round in 2022
Ovomind is a technology company developing smart wristbands equipped with sensors that analyze users' emotions via biosignals. These devices communicate with video games in real-time, adapting gameplay based on the wearer's emotional state. The company aims to enhance gaming experiences by incorporating emotional feedback, placing human emotion at the core of interactive entertainment.
Bearmind
Seed Round in 2022
Bearmind is a technology company focused on developing innovative solutions for monitoring and analyzing head impacts in athletes. The company specializes in a head-impact monitoring system that aims to prevent brain injuries and enhance athletic performance. Bearmind provides helmet-integrated sensors that collect data on impacts, coupled with an analysis platform for real-time assessment of concussion risk. By offering these advanced tools, Bearmind helps professional ice hockey teams reduce the incidence of injuries and associated insurance costs, while prioritizing the brain health of their players.
Wearonize
Equity Crowdfunding in 2022
Wearonize facilitates contactless payments through wearable devices by serving as a comprehensive partner for producers and financial institutions. They offer a digital wallet mobile application, along with fulfillment-as-a-service and smart wearable devices, managing the entire supply chain of payment-enabled wearables such as watches. This enables their partners to integrate seamless, secure, and convenient payment functionality into their products.
DoryHealth
Seed Round in 2021
Our DoryGo service combines a regular delivery of pre-sorted medication with a smart pillbox and daily reminders to make medication management more convenient and to improve the intake behavior of patients. Through this integrated approach we are connecting health, behavior and medical data to generate insights and drive better health outcomes.
Magnes
Convertible Note in 2021
Magnes, spun off from ETH Zurich's Institute of Robotics and Intelligent Systems, specializes in innovative wearable technology for neurological disorder management. The company has developed smart shoes equipped with advanced sensors that collect real-time gait data during patients' daily activities. Magnes' proprietary AI processes this data to generate automatic reports and provide direct haptic feedback, helping patients improve their gait and prevent falls. This technology aims to revolutionize clinical trials by enabling data-driven therapy through tailored medication dosage based on precise biomechanical analytics.
Mithras
Seed Round in 2021
Mithras Technology is a developer of innovative thermoelectric technology focused on creating wearable equipment that converts human body heat into usable electricity. Their flagship product utilizes the temperature difference between the skin and the surrounding air to generate energy, charging a battery integrated into a wearable bracelet. This technology not only empowers users to harness their own energy but also promotes sustainable energy solutions, encouraging the adoption of environmentally friendly practices. By leveraging expertise in thermoelectric power generation, Mithras Technology aims to contribute to a more sustainable future and alter perceptions of energy consumption.
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