Wearable IoT World raises $4.5 million, launches accelerator in Hong Kong

TECHNOLOGY

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San Francisco-based accelerator Wearable IoT World announced today the launch of the U.S.-Pan Asia IoT Superhighway, an IoT and “emerging technologies” accelerator in Hong Kong. The official launch came after a $ 4.5 million funding round led by China-based investor Radiant Venture Capital.

Superhighway, WIoTW said, will help early-stage Asian startups to develop wearable and IoT technologies.

“This marks a long-awaited milestone in our continued quest to build the easiest pathway to product creation, market awareness, investment and distribution for related startups around the world,” said WIoTW’s CEO Redg Snodgrass.

Wearable IoT World also announced a partnership with Hong Kong’s Cyberport Management Company. The Chinese communications company will house WIoTW’s labs and offices.

TEEC Angel Fund and wCapital also participated in the investment.



VentureBeat

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