Swisscom and Foxconn-affiliated Ginko Ventures both participated in the series A round, closed as France-based PIQ prepares to open two US offices.
Contract electronics manufacturing company Foxconn has led a $5.5m series A round for France-based sports sensors and data analytics provider PIQ that also included telecommunications company Swisscom.
Foxconn invested through its Ginko Ventures affiliate and, in addition to Swisscom, was joined in the round by Robolution Capital, a fund managed by private equity firm Orkos Capital.
PIQ has developed technology that uses wrist-worn sensors to track performance data for sportspeople, and had been funded by angel investment since it was…
