Body Labs, a spinout of Brown University and Max Planck Institute, has raised $8m from a consortium including university investor Osage University Partners.
The round was led by Intel’s venture capital arm Intel Capital, with support from Max Planck’s tech transfer arm Max Planck Innovation. Other investors besides Osage include existing investor FirstMark Capital and Catalus Capital. The firm previously raised $2.2m in a seed round last year, bringing its total external funding to $10.2m.
The New York-based company, founded in 2013, is commercialising its body scanning technology with a view to develop a number of tools which can be used by third party developers. One such use is the contract Body Labs has with the US Army, where the scanning tools are being used to develop bulletproof vests that can better protect female soldiers.
Bill O’Farrell, CEO of Body Labs, told news provider Biz Journals: “Women have much different body geometries that men. They have different curves, they have different organ configurations, and the Army right now is trying to figure out how to accommodate.”
