OVOMIND successfully completes second fundraising round raising total investments to USD 1.6 million
14.10.2022
OVOMIND, a startup developing affective computing technology, has successfully completed a round of funding that brings the total of funds raised to USD 1.6 million. The startup is a Venture Kick alum, and has continued to attract investors since its participation.
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OVOMIND's technology computes biosignals from wearable devices (smart bands and smartwatches) and delivers real-time emotional data for interaction. With this tech, OVOMIND wants to integrate emotion in human-machine interaction and revolutionize gaming. Funds raised will allow the company to boost R&D and push a product to market.
"Venture Kick's support was critical for us," co-founder and CEO Yann Frachi says. "The process of each stage was very clear. The documentation allows applicants to develop and prepare for their pitch. During the process, we met a lot of smart people with interesting points of view and valuable feedback. It's a real boon for the Swiss startup ecosystem and brings unique value to innovative projects like OVOMIND."
The startup won CHF 40'000 in the second stage of the Venture Kick program, continuing to the final stage.
"Venture Kick's support was critical for us," co-founder and CEO Yann Frachi says. "The process of each stage was very clear. The documentation allows applicants to develop and prepare for their pitch. During the process, we met a lot of smart people with interesting points of view and valuable feedback. It's a real boon for the Swiss startup ecosystem and brings unique value to innovative projects like OVOMIND."
The startup won CHF 40'000 in the second stage of the Venture Kick program, continuing to the final stage.