Wuxi PharmaTech-backed Wuxi Healthcare Ventures has led a funding round for the wearables manufacturer.
US-based wearables manufacturer Lumo Bodytech has secured $10m in series B funding led by Wuxi Healthcare Ventures, TechCrunch reported yesterday.
Wuxi Healthcare Ventures is backed by research and development services company Wuxi PharmaTech. It was joined by Madrona Venture Group, Innovation Endeavors, AME Cloud Ventures, Innovalue Capital, MAS Holdings, and angel investor Eli Harari.
Founded in 2011, Lumo Bodytech produces a range of wearables. The series B round follows the launch of Lumo Run, a smart sensors and software platform…