Extreme sports phone maker Hearshot nets $550k in seed funding

Hearshot Inc, a developer of wearable technologies for action sports, has secured $550,000 in seed-stage financing. The round's Canadian, U.S. and Singapore-based investors were not disclosed. Toronto-based Hearshot has developed a wearable communication device that facilitates group connectivity during action sports activity. The company will use the funds to complete its product and prepare for a commercial launch in August. Hearshot, which received initial financing from the Spin Master Innovation Fund in 2015, is a client of Peel Region innovation hub RIC Centre.

4 March 2016•2 mins read
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