OSI has backed digital wellness technology company BioBeats, which was founded by University of Surrey faculty and counts multiple corporates among its shareholders.

BioBeats, a UK-based digital wellness technology company co-founded by University of Surrey faculty, closed a £2.4m ($3m) round led by university venture fund Oxford Sciences Innovation (OSI) on Tuesday.

The round also included investment firm White Cloud Capital and VC firm IQ Capital.

Founded in 2012, BioBeats is developing digital products that apply artificial intelligence to data collected from wearable devices to help monitor and improve human wellbeing.

Its flagship product is a mobile app-accessible course on controlling occupational stress…

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