Tech Company Financing Transactions
Mio Global Funding Round
Mio Global, based in Vancouver BC, raised $15 million from Hydra Capital and private investors.
Transaction Overview
Company Name
Announced On
10/24/2016
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Hydra Capital (Lead Investor)
Proceeds Purpose
Mio will continue to draw on the expertise provided by Hydra Ventures as it scales, and the funding will be partially used to further develop Mio's AI-based sensor analytics and insights platform within PAI that was acquired from the Nobel Prize winning Norwegian University of Science and Technology.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
2930 Arbutus St. 302
Vancouver BC, V6J 3Y9
Canada
Vancouver BC, V6J 3Y9
Canada
Phone
Website
Email Address
Overview
Mio ALPHA is the first and only sport watch to provide continuous, accurate heart rate monitoring at performance levels - without a chest strap. Its launch generated buzz and industry recognition, including the CES Innovations 2013 Design and Engineering Award.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Liz Dickinson
Chief Financial Officer
Antonio Arciniega
Chief Scientific Officer
Mark Gorelick
President
Mary Devine
VP - Marketing
Tricia Burton
VP - Sales
Emily Rothwell
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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