Lebanon-based wearables start-up Instabeat has raised an undisclosed amount of series A funding from Wamda Capital, Jabbar Internet Group, a Dubai-based group of internet companies across the Middle East, and a group of angel investors, including Google’s Georges Harik.
The company wants to use the funds to accelerate its growth and bring its first product to market.
Instabeat has developed a waterproof heart rate monitor for swimmers that can be mounted on the goggles instead of being attached…
