<article>Israel-based <a style="color: #000080;" href="http://www.sensifree.com/">Sensifree</a>, maker of low power, contact free, electromagnetic sensors has raised $5 million in its Series A round of funding led by US-based investment firm <a style="color: #000080;" href="http://translinkcapital.com/">TransLink Capital</a>.</article>

Israel-based <a style="color: #000080;" href="http://www.sensifree.com/">Sensifree</a>, maker of low power, contact free, electromagnetic sensors has raised $5 million in its Series A round of funding led by US-based investment firm <a style="color: #000080;" href="http://translinkcapital.com/">TransLink Capital</a>.
The round also saw participation from existing and new investors, including UMC Capital, a subsidiary of United Microelectronics Corp and an undisclosed strategic investor, Sensifree said in a release.
Coupled with the seed investment made by Samsung’s Catalyst fund, the total funding in the company now stands at $7 million since its RF-based biometric sensor technology.
Sensifree makes low power electromagnetic sensors that accurately collect a range of continuous biometric data without the need to touch the human body. The ompany’s first product is a heart rate sensor for wearable devices for wearable applications such as traditional watches, activity trackers and smart clothing.
&#8220;The funding will help the company aggressively expand its engineering and product development teams, and accelerate its business development efforts,&#8221; Sensifree said in its statement. Subsequently, TransLink Capital Venture Partner and Senior Advisor, Eric Hsia, will join the Sensifree Board of Directors.
The company is also developing a cuff-free blood pressure sensor, for which it expects to demonstrate preliminary results this year, said Eran Agmon, co-founder and CEO of Sensifree. “TransLink Capital’s financial support, global partnerships and expertise in consumer devices and wearable technology will help us execute our vision more rapidly and broadly,&#8221; he added.
Recenly, Shenzhen-based technology group Kuang-Chi committed to invest $20 million in another Israeli company EyeSight Technologies, EyeSight, whose software allows a point of the fingertip to control the TV.
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Israel-based Sensifree, maker of low power, contact free, electromagnetic sensors has raised $5m led by US-based investment firm TransLink Capital.

Israeli firm Sensifree raises $5m in Series A round led by TransLink Capital

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Israeli firm Sensifree raises $5m in Series A round led by TransLink Capital

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