University of Tokyo’s venture capital arm, UTokyo Innovation Platform, has invested in a ¥200m ($1.8m) round for Japan-based smart apparel developer Xenoma, the Bridge reported on Tuesday.
The round also included government-owned research institute Japan Science and Technology Agency and venture capital firm Beyond Next Ventures, both of which backed a previous ¥185m funding in May 2016 led by Beyond.
Xenoma claims that its so-called “e-skin” technology can be easily woven into washable, durable and stretchable apparel for purposes…
