Superflex Lands $9,600,000 Series A Funding Round

  • Feed Type
  • Date
    12/21/2016
  • Company Name
    Superflex
  • Mailing Address
    Undisclosed Menlo Park, CA 94025 USA
  • Company Description
    Superflex has hired a team of leaders in textiles, industrial design, robotics, biomechanics, and data science to develop the new category of Powered Clothing: lightweight, connected apparel, comfortably worn under any outfit, with integrated electric “muscles” that add intelligent wearable strength and natural.
  • Website
    http://www.superflextech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $9,600,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    In addition to its investment, Global Brain will work with Superflex to set up a Japan office and leverage its network to assist the company in entering the domestic market.
  • M&A Terms
  • Venture Investor
    Global Brain
  • Venture Investor
    Horizons Ventures
  • Venture Investor
    Sinovation Ventures