Finnish mobile wellness technology company PulseOn has closed a
PulseOn currently has 13 employees and is based in
"With this investment PulseOn will be able to finalize the productization and enter the markets during the first half of 2014. We want to disrupt the market for traditional chest belt based heart rate measurement products by offering the easiest and most comfortable solution to wider audiences. The product also offers a 2nd generation solution to the current activity based wellness monitoring devices by offering significantly more meaningful and accurate information based on continuous and accurate heart rate measurement," says Tero Mennander, Managing Director of PulseOn.
"PulseOn is a good example of a Finnish high tech company that has created a new technology based product that can truly change the markets. Coupled with a highly competent team we believe PulseOn will become a world leading heart rate solution manufacturer in the strongly growing consumer fitness and wellness markets," says Olli Pohjanvirta, Chairman of the Board and investor representative.
The main investors of this seed round are Mr. Otar Margania, a Russian banker and dean of the Economic Faculty of
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