StartToday-backed wearable sensor provider StretchSense has been purchased out of administration by an unnamed buyer.
StretchSense, a New Zealand-based wearable sensor manufacturer backed by e-commerce firm StartToday, has been sold into new ownership having fallen into administration in July 2019, the New Zealand Herald reported yesterday.
The New Zealand-based buyer was not identified in the report but it has reportedly signed an unconditional agreement to purchase StretchSense for an undisclosed sum next week.
Founded in 2012, StretchSense produces sensors that can be affixed to garments to form wearable technologies for applications including sports technology, health…
