The Flex-backed developer of the Muse meditation headband aid has secured $11.6m in a round that will fund the growth of its developer marketplace.
Interaxon, a Canada-based wearable technology developer backed by supply chain products maker Flextronics, has closed an $11.6m series B-1 round led by venture capital firm Trend Forward Capital.
The round also featured export credit agency Export Development Canada, Epic Capital Management, Bridge Builders Collaborative and Omers Ventures, the VC arm of pension fund Ontario Municipal Employee Retirement System.
Interaxon is the developer of the Muse electroencephalogram (EEG) headband, which is marketed as a meditation aid. The headband monitors brain function…
