Bloomlife, a smart wearable for pregnancy tracking has raised $ 2.3M in two grants. The funding proceeds will be used for product development and R&D.
The wearable sensor can be used by women in the third trimester of pregnancy to monitor contraction patterns. The sensor-package helps monitor as well as count contractions accurately from home. The sensor also tracks the average frequency and duration and the pattern of contractions.
How does it work?
Pregnant women can place the contraction tracker on their stomach via an adhesive strip. Once attached, the wearable device can be synced to Bloomlife’s mobile app. On activation, the device shows the uterine activity on the mobile app. It can also show ‘contraction patterns’. An ultra-low-power noise circuit tracks the fetal ECG and fetal movement.
The planned research study will take place during the next two years. The research grant was released by the European Commission Horizon 2020 program.
Buddy Platform, a cloud-based engine providing IoT data management, processing and control platform raised an A$ 23M funding round. New and existing Australian domestic and Asian institutional investors participated in the round.
The company, listed on ASX (Australian Securities Exchange) announced that it will use the funding proceeds for international expansion, including a potential global distribution deal with a major telecom partner for 100+ new markets for Buddy Ohm. Other details of the funding include the issuance of BUD shares. “115,000,000 shares to be issued at A$ 0.20 per share, representing a 10.9% discount to the 10-day VWAP of A$ 0.2244 per share”, reads the company’s press release.
Buddy’s three core offerings are the Buddy Cloud, Parse on Buddy, and Buddy Ohm. It is for the latter’s channel sales strategy that Buddy will be using these funds. Along with channel sales development, it will also invest in R&D efforts to stay competitive.
The company launched its Buddy Ohm product in March this year. Ohm uses IoT devices to optimize and reduce energy and other utility bills in commercial buildings. Lady Gaga’s investment firm AF Square and Microsoft invested in Ohm.
Propeller Health, a sensor + software system helping people with COPD (chronic obstructive pulmonary disease), or Asthma symptoms last month launched an API called Air by Propeller that predicts local asthma conditions.
According to the Centers for Disease Control and Prevention, about 25 million Americans have asthma. This is 7.6 percent of adults and 8.4 percent of children. Further, the CDC revealed that Asthma has been increasing since the early 1980s in all age, sex, and racial groups. Considering this, Propeller’s free API service can trigger a host of 3rd party services aimed at people with Asthma symptoms and self-education for millions of Americans going through COPD.
Air by Propeller is able to predict local asthma conditions based on a pre-trained machine-learning model. The mode was built on millions of days of anonymized data, including where and when people experience asthma symptoms and the environmental conditions at these times.
Third parties can integrate the API in their website (using Air widget) or standalone service. “Our culture brings together people who are passionate about health, passionate about technology, and passionate about inventing the future, and puts us to work to solve problems for people with the respiratory disease and for those who care for them,” said David Van Sickle, CEO, Propeller.
People with asthma symptoms can subscribe to Air by Propeller’s SMS or email notifications.
Banyan Water, a water-management company that utilizes on-site hardware and an analytics engine to help commercial real estate companies save water costs released Banyan Water Central (BWC) 3.0. It is a suite of water management software and services.
BWC 3.0 is an enhanced version of Banyan’s existing solution called ‘Irrigation Insight’. Though originally designed for large properties only, the newly released version also helps smaller properties to reduce irrigation water use.
How does it work?
BWC 3.0 utilizes a property’s existing irrigation system by installing smart controllers, flow monitoring devices, and weather tracking technology on it. The Banyan software triangulates the data (water saving goals, watering schedules, and weather patterns) and helps provide the optimal amount of water use.
The solution also detects water leakage and alerts customers about the situation. It can be used to remotely shut off the irrigation system.
Banyan Water’s key use cases include tracking and analyzing water usage, real-time leak detection, and indoor water tracking, and optimizing cooling-tower’s water usage. It’s customers mainly belong to retail and hospitality, multifamily and student housing, Fortune 500 firms and commercial real estate properties.
Aylya Networks, an IoT Platform-as-a-Service (PaaS) company announced that it has raised $ 60M in Series D financing.
The round was led by Run Liang Tai Fund (RLT) and Sunsea Telecommunications Co. Ltd.
The company doubled down on the funding path as it previously raised $ 39M Series C in June last year. The current financing brings Ayla Network’s total equity funding to approximately $ 124M since its launch in 2010.
The company will use the latest proceeds to expand platform capabilities and to grow the ecosystem which includes application providers and channel partners.
Ayla focuses on the leading product manufacturers enabling them to make their products internet-connected via Ayla Network’s PaaS. Its end-to-end software runs across devices, the cloud, and applications to provide internet connectivity and device analytics. The Wi-Fi modules of leading hardware vendors have pre-built Ayla embedded agent. The Ayla Cloud provides a managed service where customers can track their ‘connected deployments’.
Ayla has adopted a ‘mobile-first’ approach. The company offers mobile application libraries containing APIs. The APIs can be used to create iOS and Android apps for Ayla-enabled products.
Another ‘platform-based’ company connecting consumer products to the internet is Evrythng. It raised $ 24.8 million Series B funding in March this year. You can view of overview of Ayla and other platform providers here.