IIT Madras incubated startup Muse Wearables raises Rs 22 crore funding for its wearable wrist tracker to detect COVID-19 symptoms at an early stage. The COVID-19 tracking device will be available in the market next month and plans to launch it in 70 countries.
The IIT Madras incubated startup’s wearable wrist trackers have sensors for skin temperature, heart rate, and Sp02 (blood oxygen saturation), which can continuously track these body vitals remotely, with variations in them helping in diagnosing people with early-stage symptoms of COVID-19, as reported by CNBC (1).
The Bluetooth-enabled wearable tracker will stay connected to your smartphone via its Muse Health App, and other user vitals and activity data will remain stored in the phone, as well as the remote server.
Administrative access could also be provided for centralized monitoring of individuals in containment areas for COVID-19 symptoms.
K Prathyusha, co-founder and COO at Muse Wearables, said,
“Our main objective with this product is to facilitate identification of patients who have COVID pneumonia sooner so that they can be treated more effectively.”
2 lakh sales target this year
The tracker would get notifications from the Arogya Setu app and would alert the users when they enter a COVID containment zone, allowing them to take extra precautions to stay safe.
A user will also be allowed to raise an Emergency Alert in case of difficulty, and the alert is further raised when the body temperature is higher than usual.
KLN Sai Prasanth, an IIT Madras alumni, said that they were targeting 2 lakh product sales this year with an aim to achieve 10 lakh product sales by 2022 globally. Prasanth added that the investors believed in their innovations and the fact that they can create a huge difference in the consumer tech space.
The startup has developed an algorithm that allows the device to estimate body temperature from skin & ambient temperature, heart rate, and motion sensing.