Queen's University Belfast tech spin-out, AntennaWare has secured a "significant six-figure sum" following a seed funding round.
AntennaWare was founded in 2020 and creates antenna solutions for wearable technology, focusing primarily on medical and sports devices.
Co-founders Dr Matthew Magill and Dr Gareth Conway have almost 25 years of experience in the wearable tech sector, having conducted extensive research at The Institute of Electronics, Communications and Information Technology (ECIT) part of Queen’s University.
Dr Magill commented: “AntennaWare’s patented technology can greatly increase the range and reliability of wearable wireless devices they are integrated into.
"The wearable devices can transmit further, with less dropouts and using less power, which helps facilitate applications thought previously impossible for medical monitoring, sports and fitness, wireless audio and wireless proximity detection.”
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The wearables market has been steadily increasing in recent years, and the impact of the Covid-19 pandemic has encouraged demand for the sector even quicker, as more people want to monitor their own health.
Common technology wearables include smart health watches, wearable fitness trackers and wearble ECG monitors, all of which can help users tracker things like heart rhythm and rate, step count, sleep and in the ECG monitor's case, blood pressure.
AntennaWare's initial funding round was led by QUBIS, the commercialisation arm of Queen's University and includes Techstart NI investment from Techstart Ventures, as part of Invest Northern Ireland’s Access to Finance suite of funds.