Vancouver’s LifeBooster has closed an multi-million investment round from local, international, and strategic investors, including W.L. Gore.
Gore? Yes, that Gore. Gore’s world-class GORE-TEX brand and expertise in high performance apparel is well known.
The 63 year-old material science company invests nearly $400 million a year into R&D and recently named a Best Workplace for Innovators by Fast Company.
As part of their investment, Gore will also embark on a multi-year plan with LifeBooster to introduce a line of co-branded smart workwear products that takes the assessment of injury risk and worker protection to an entirely new level of form, function, and value.
Both companies bring unique qualities and capabilities to their collaboration.
LifeBooster is innovating wearable technology, smart garments, data science and business methods to optimize risk reduction in the workplace. LifeBooster’s extensible cloud platform can assess multiple injury risks to workers in industrial environments simultaneously (motion, posture, thermal stress, and vibration), and further is able to process data from most any sensor-based source.
The investment will enable LifeBooster to extend their lead in connected worker risk analytics technology.
“This investment and collaboration with Gore represents a major milestone in the development of LifeBooster; it validates the work and commitment our team has made to improve the health and safety of billions of workers worldwide,” Bryan Statham, Co-founder and CEO of LifeBooster, told Techcouver.
“The LifeBooster team knows that we could not have engaged a better partner for this exciting new stage of our journey. Together with Gore, we’ll deliver the very best safety products and services to market and strengthen our core mission of ensuring workers get home safe everyday.”
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