Prologis Ventures and Nationwide Ventures both contributed to an $11.3m round for industrial safety device provider Kinetic.
US-based industrial safety monitor producer Kinetic received $11.3m of series A funding on Tuesday from investors including subsidiaries of logistics real estate operator Prologis and insurance and financial services firm Nationwide.
Prologis Ventures and Nationwide Ventures joined Crosslink Capital, which led the round, as well as fellow venture capital firms Primary Ventures and Ubiquity Ventures.
Kinetic has developed a wearable device called Reflex that monitors the posture of industrial workers lifting objects to help limit injuries. The series A funding will…
