Welcome!

Wearables Authors: Elizabeth White, Yeshim Deniz, Zakia Bouachraoui, Liz McMillan, Pat Romanski

News Feed Item

Lemnos Labs Inducts New Companies, Secures $1.85 Million in Round of Funding & Adds an Entrepreneur in Residence

Hardware Incubator Doubles Company Roster and Announces Funding to Fuel the Growing Space in Silicon Valley

SAN FRANCISCO, CA -- (Marketwire) -- 11/16/12 --


Core News Facts:

  • Lemnos Labs, a full-service hardware incubator, today announced five new companies along with funding and an entrepreneur in residence (EIR) to support its overall growth in the Silicon Valley hardware industry.
  • MIT graduates Jeremy Conrad and Helen Zelman founded the incubator in 2011 to provide early-stage startups with a built-in network and access to the tools and resources necessary for success.
  • Bia, NanoSatisfi, Revolve Robotics and Unmanned Innovation have turned to Lemnos Labs for support in developing and bringing their products to market.
    • Bia: The first iconic sports brand built around data and women, Bia is the only online and on-body fitness platform with real-time connectivity.
    • NanoSatisfi: A space data company, NanoSatisfi provides affordable and convenient access to space through nanosatellite infrastructure and user definable data collection capabilities.
    • Revolve Robotics: Creating a tablet-based robotic platform that enhances video calling with remote controlled movement, Revolve Robotics enables consumer grade telepresence.
    • Unmanned Innovation: Poised to transform the Unmanned Aerial Vehicle (UAV) industry, Unmanned Innovation leverages technologies developed for military applications and packages them as a development platform.
  • Lemnos Labs' $1.85 million in funding will allow existing and future startups within its program to successfully execute upon their roadmaps and expand resources offered within the incubator.
  • Investors include Alex Lloyd of Accelerator Ventures, Alex Vikati, Ash Patel, Matt Mullenweg's Audrey Capital, Daniel Abrams, Don Hutchison, Edwin Ong, Jack Herrick (founder/CEO of wikiHow.com), Naval Ravikant, Othman Laraki, Paul Sethi and Seraph Group.
  • The company has also enlisted Eric Klein, managing partner at Klein Venture Partners, as its EIR. With hardware and software experience at Nokia, Apple and Palm, Inc., Eric will support the Lemnos Labs core team and serve as an advisor to its supported companies.

Quotes:

Jeremy Conrad, co-founder, Lemnos Labs
"We're excited about the traction hardware is gaining in Silicon Valley and thrilled to play a part in the evolution of the space. With our new lineup of companies, a solid round of funding, as well as valuable guidance from Eric Klein, we're looking forward to accelerating the growth and shaping the direction of the hardware community."

About Lemnos Labs:
Lemnos Labs, a hardware incubator based in San Francisco, provides seed-funding, mentorship and resources to talented engineers with innovative ideas and a passion for building things. The company equips hardware startups with the space, tools and network they need to build high-value products that attract angel investors and venture capitalists to ultimately establish a sustainable business and bring the product to market. The company aims to lead this charge by kick-starting technologies that solve real-world problems. A list of our companies, mentors and more information can be found at www.lemnoslabs.com.

Contact:
Brittany Votto
Inner Circle Labs for Lemnos Labs
Email Contact
(415) 684-9406

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.