BeBop fabric sensors complete $5 million convertible note

In addition to the $5 million investment, BeBop is also seeking financing to fund additional manufacturing capacity, as well as continue groundbreaking research and development to maintain its growing fabric sensor market.

Demand for smart fabric sensors is increasing and unlike most fabric sensors that contain wires and measure heart rate, BeBop's proprietary technology is the only known viable fabric sensor solution that senses physical change, such as pressure, location, bend, and stretch. BeBop's sensors are durable, lightweight, thin, washable, affordable and easily deployed. 

“Competence in producing complete end-to-end solutions makes BeBop unique, potent, and an essential link between squishy humans and rigid electronics. BeBop's major vertical is automotive - autonomous cars, safety, human machine interfaces, and the ever-growing need for occupant classification system required for better airbag performance. We are engaged with 10 of the largest automotive manufacturers and tier one suppliers. Other active markets include IoT and consumer health,” said BeBop Sensors founder and CEO, Keith McMillen. (NA)

Fibre2fashion News Desk - India