Evolution VC Partners invest and partner with disruptive companies with a strong team, product, and market opportunity.  They help entrepreneurs build great companies and consider themselves to be investment accelerators and will seek to be active creators of value for their portfolio companies.

Evolution VC Partners

Founded in 2007, the Wharton Angel Network (WAN) seeks to provide a transparent forum for Wharton alumni entrepreneurs and Wharton alumni investors who are seeking funding opportunities in angel-stage deals (minimum investments of $25K). As a reminder, the WAN's mission is to facilitate the introduction of new company ideas to WAN Angels, not provide any recommendations on investment or guide an investment process. All business plans come from management teams that include a Wharton alumnus or are sponsored by a Wharton alumnus. Alumni must be members in good standing of the Wharton Club of New York (WCNY).

Wharton Angel Network

LDV Partners they provide services for securitization of data and algorithms, robotics and artificial intelligence, precision health, and more.

LDV Partners

E14 Fund are an investment fund focused on taking the biggest ideas hatched at MIT, deploying them to the real world, and scaling them for greatest impact.  At the E14 Fund, they help bring technologies out of the lab and into the world. Their network of advisors—investors, industry experts, and entrepreneurs—help their companies take prototypes to scale and raise further investment.  The E14 Fund supports companies across diverse fields—from biotechnology and smart cities to consumer electronics and manufacturing. They are a bridge that builds entrepreneurs from MIT and creates the paths to connect them with investors and industry experts who can help them scale. They believe diversity and inclusion are the seeds of innovation. Half of their companies have a female founder, and more than half have founders are from outside the United States.

The E14 Fund

Embark Ventures is a pre-seed and seed stage fund focused on ''deep tech'' companies. We look for ambitious teams with break-through proprietary technology which provides a highly defensible competitive advantage in transforming multi-billion dollar industries. ​

Embark Ventures

Village Global is an early stage venture capital firm backed by some of the world's most successful entrepreneurs.

Village Global

Elemind Technologies

Elemind Technologies is a neurotechnology company that shapes brainwaves and changes brain states using novel neuromodulation techniques. The company was founded in 2017 and has its headquarters in Cambridge, Massachusetts.

Elemind is a neurotech health company based in Cambridge, Massachusetts, that has developed an innovative wearable neurotechnology platform to improve sleep and overall wellness. The company's flagship product is a headband that uses electroencephalography (EEG) sensors to read individual brainwaves and respond with tailored acoustic stimulation in real-time. This technology, which Elemind calls "electric medicine," aims to guide brainwaves from wakeful patterns into deeper sleep states without the use of pharmaceuticals.

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Elemind

Elemind: Wearable AI offers ‘electric medicine’ via brain stimulation

Elemind receives $12m for wearable brain modulation device

This brainwave-reading headband promises sleep on demand — futuristic dream or a sci-fi nightmare?

Elemind Launches First-of-its-Kind "Sleep, On-Demand" Headband, Giving Control to Millions Struggling with Sleep

kind headband offers drug

Elemind Closes $12M Seed Funding Round

From counting steps to saving lives and beyond

Wearable Tech

Elemind Technologies, Inc.’s Post

Elemind is a neurotech health company based in Cambridge, Massachusetts, that has developed an innovative wearable neurotechnology platform to improve sleep and overall wellness. The company's flagship product is a headband that uses electroencephalography (EEG) sensors to read individual brainwaves and respond with tailored acoustic stimulation in real-time. This technology, which Elemind calls "electric medicine," aims to guide brainwaves from wakeful patterns into deeper sleep states without the use of pharmaceuticals.
The Elemind headband employs proprietary algorithms and artificial intelligence to analyze brain signals and deliver precise sound pulses through bone conduction. This process is designed to suppress alpha waves associated with wakefulness and promote theta and delta waves characteristic of sleep. In clinical trials, the device shortened sleep onset time in 76% of participants, with an average reduction of 48% and up to 74% in some cases.
The headband is soft, flexible, and lightweight, designed to be comfortable in any sleep position. It features multiple EEG electrodes, a processor, an accelerometer, and a rechargeable battery. The device pairs with a smartphone app that provides sleep data and analytics, including overall sleep performance, duration, efficiency, and time spent in each sleep stage. Elemind plans to introduce an AI Sleep Tailor feature to enhance the system's effectiveness over time based on individual sleep patterns and user feedback.
Elemind's technology is backed by five clinical studies and seven patents. The company's first product is classified as a general wellness device rather than a medical device. While initially focused on sleep improvement, Elemind is exploring other potential applications, including memory enhancement, pain management during sedation, and mental health treatment.

Biostrap is a company that provides scalable and customizable biosensor-based precision health monitoring solutions. Their innovative wearable devices, such as the Biostrap Kairos launched in July 2023, offer advanced autonomic nervous system analysis and quantification of the sympathetic and parasympathetic branches through wrist-worn devices. Kairos utilizes a high-sensitivity CMOS optical sensor to capture raw photoplethysmography (PPG) data, enabling accurate computation of biometrics like heart rate, heart rate variability (HRV), beat-to-beat intervals, respiratory rate, and sleep-related parameters.
Biostrap's key differentiator lies in its commitment to delivering clinically reliable nervous system analysis through detailed and transparent biometric measurements. The Spot Check feature provides real-time visualization of the underlying PPG signal, signal quality, and R-R intervals, granting untethered access to every data point captured. This configurability and data integrity attracted clients like the National Police Wellbeing Service (NPWS) in the UK for their sleep, fatigue, and recovery program.
Kairos underwent extensive testing by HRV experts and achieved impressive accuracy levels, comparable to ECG chest straps. The launch marked Biostrap's pivot from the consumer wearable market to offering configurable hardware and software solutions for enterprise and research purposes.

Biostrap

Caeden is a wearable technology company that develops smart bracelets focused on promoting mindfulness and reducing stress. Their flagship product, the Sona smart bracelet, combines fashion and technology by integrating an advanced heart rate sensor into a genuine leather bracelet design. Launched in May 2016, the Sona retailed for USD 200 and offered a unique "Resonance" program, consisting of various breathing exercises tailored for different moments throughout the user's day.
The Sona aimed to provide a reprieve from the fast-paced city life by enabling users to start their day with a moment of zen, find calm and focus before important meetings, and unwind after workouts through concentrated breathing exercises. Caeden's founders, Nora Levinson and David Watkins, believed that regular use of the Resonance program could help build the user's resistance to stress, addressing a significant health issue faced by many.
Differentiating itself from step-tracking devices like Fitbit and smartwatches acting as smartphone extensions, the Sona positioned itself as a luxury item powered by technology designed to improve the wearer's overall quality of life through mindfulness. With its discreet design concealing the technology, the Sona aimed to offer mindfulness without drawing attention to the wearer's use of a device for that purpose.

Caeden

MyKronoz is a Swiss company that specializes in producing innovative hybrid smartwatches. Their flagship product, the ZeTime, was first launched in 2017 after a successful crowdfunding campaign on Kickstarter. The ZeTime features a unique design that combines traditional mechanical watch hands with a full-color touchscreen display, allowing it to function as both an analog watch and a smartwatch.
The watch offers activity tracking capabilities, including monitoring steps, calories burned, and sleep patterns using built-in sensors such as an accelerometer and optical heart rate monitor. It also provides smartwatch functionalities like displaying notifications, controlling music playback, and viewing incoming calls. The ZeTime's mechanical hands intelligently adjust their position to avoid obstructing the touchscreen display when interacting with the device.
One of the key advantages of the ZeTime is its impressive battery life. In watch mode, the battery can last up to 30 days on a single charge, while the smartwatch mode offers around 3-4 days of usage. The device also allows users to customize watch faces, either by selecting from pre-set options or creating their own designs using templates or personal photos.
The ZeTime received praise for its innovative concept and strong battery life. Some reviews, however, criticized its half-baked operating system, unresponsive touchscreen, and inconsistent activity tracking. Despite these drawbacks, MyKronoz's hybrid smartwatches garnered global recognition for their unique approach to wearable technology.

MyKronoz

Ringly is a company that produces fashionable smart jewelry, primarily rings and bracelets, aimed at the female market. Their devices are designed to discreetly notify wearers of incoming calls, messages, and app notifications through vibrations and LED lights. The rings are made from materials like 14k gold, sterling silver, and semi-precious gemstones like onyx, labradorite, and moonstone.
Ringly's core product is a smart ring that connects to the user's smartphone via Bluetooth. Through the Ringly app, users can customize which notifications trigger the ring's vibrations and colored LED lights. The app supports over 100 apps like calls, texts, emails, calendar alerts, and social media platforms. The rings are water-resistant and have a battery life of 2-3 days.
While technologically simple, Ringly's rings prioritize a fashionable and discreet design over advanced features. The idea is to provide a stylish alternative to smartwatches that seamlessly blends into the user's wardrobe and lifestyle without being obtrusive. Ringly has focused on creating fashionable jewelry pieces that also offer practical notification capabilities.

Ringly

Healbe Corporation is a technology company that develops wearable devices and associated software for health and wellness monitoring. The company's flagship product is the Healbe GoBe, a smart band that utilizes proprietary FLOW Technology to automatically track various body parameters. The GoBe device employs a combination of sensors, including an accelerometer, piezo pressure sensor, and impedance sensor, along with advanced algorithms to provide insights into users' overall health.
The GoBe smart band is designed to automatically measure calorie intake through the skin, eliminating the need for manual food logging. It also tracks calories burned, hydration levels, stress levels, sleep quality, heart rate, blood pressure, and physical activity. In November 2015, Healbe introduced automatic hydration level monitoring to the GoBe device, making it the first wearable to offer this feature without requiring manual input of fluid consumption.
Healbe's technology adapts to individual body characteristics, providing personalized insights and recommendations. The device monitors hydration levels continuously and alerts users when they need to drink more water. It also tracks emotional stress and helps users correlate it with their body's physical responses. The GoBe smart band measures energy expenditure throughout the day, including basal metabolism, regardless of physical activity levels.
The company's latest model, the GoBe3, incorporates additional features such as EDA-based Neuroactivity tracking and physiological stress estimation. It also offers improved sleep tracking capabilities, including detailed analysis of sleep phases and smart alarm functions designed to wake users during optimal sleep stages.
Healbe has developed a companion mobile application that synchronizes with the GoBe device in real-time, allowing users to view and analyze their data. The app provides detailed information on various health parameters and offers integration with Google Fit for a more comprehensive health data ecosystem.

Healbe

Wearable devices in form factors, such as wristwear and rings, designed to monitor and track various aspects of a person's physical activity, health, and wellness

Wearable entertainment devices designed primarily for entertainment and leisure purposes. These come in the form of hearables, wearable cameras, personalized smart devices, etc.

Apparel that incorporate electronic components, sensors, and connectivity features to provide functionalities beyond traditional clothing and accessories

Specialized wearable devices designed for use in industrial and work settings. These include safety wearables that come in the form of head-mounted devices, smart gloves, exoskeletons, etc.

Wearable devices, which are designed to monitor, collect, and transmit various health-related data, and wearable assistive devices. These come in the form of cardiac monitoring devices, glucose monitors, wearable pulse oximeters, hearing impairment aids, visual aids, etc.

Enhances the user experience by enabling language translation, contextual awareness, and personalized recommendations, making wearables more versatile and user-centric

Leveraging technology to collect data about the user's activities, preferences, and health metrics before using this information to provide personalized experiences

Industrial wearables contribute to increased efficiency, safety, and productivity in industrial settings by providing real-time data and connectivity solutions for workers and equipment

Empowers wearable devices to continuously improve and adapt to user preferences, offering personalized insights and recommendations based on user data

Enhances the functionality of wearables and allows users to access and interact with data through various devices and services in the broader IoT ecosystem

Elemind Technologies

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