Myocene

Liege, Belgium Founded: 2020 • Age: 6 yrs
AI-based systems for monitoring athlete muscle fatigue are provided.
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About Myocene

Myocene is a company based in Liege (Belgium) founded in 2020 by Pierre Rigaux.. Myocene has raised $5.36 million across 2 funding rounds from investors including Investsud, Wallonie Entreprendre and Noshaq. Myocene offers products and services including Myocene Device, Myocene Software, and Myocene API. Myocene operates in a competitive market with competitors including Whoop, HyperIce, Omegawave, XTrodes and Rewire Fitness App, among others.

  • Headquarter Liege, Belgium
  • Founders Pierre Rigaux
  • Sectors
    Healthcare
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Myocene Us Inc
Operational Areas
Healthcare → Health Technology & Digital Health
Media & Entertainment → Sports, Events & Attractions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.36 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.21 M (USD), Seed

    Jun 18, 2024

  • Investors
    Investsud

    & 2 more

  • Employee Count
    Employee Count
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Products & Services of Myocene

Myocene offers a comprehensive portfolio of products and services, including Myocene Device, Myocene Software, and Myocene API. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Measures muscle fatigue through electrical stimulation and force sensing.

Tracks and analyzes muscle fatigue data for athlete performance.

Integrates muscle fatigue insights into athlete management systems.

Funding Insights of Myocene

Myocene has successfully raised a total of $5.36M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.21 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $3.2M
  • First Round

    (30 May 2023)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Seed - Myocene Valuation Investsud
May, 2023 Amount Seed - Myocene Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Myocene

Myocene has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Investsud, Wallonie Entreprendre and Noshaq. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investsud is engaged in supporting SMEs with sustainable investments.
Founded Year Domain Location
Noshaq is recognized as a Liège-based investment fund providing financing solutions.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Myocene

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Myocene

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Myocene Comparisons

Employees
+
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Competitors of Myocene

Myocene operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Whoop, HyperIce, Omegawave, XTrodes and Rewire Fitness App, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of a smart wearable device for physical activities monitoring
domain founded_year HQ Location
Internet first brand offering smart devices for physical fitness
domain founded_year HQ Location
Cloud-based software and sensors for athlete performance analysis are provided.
domain founded_year HQ Location
Mental wellness is monitored via AI-enabled brain activity wearables.
domain founded_year HQ Location
Wearable devices for athlete training and performance enhancement are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Myocene

Frequently Asked Questions about Myocene

When was Myocene founded?

Myocene was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Where is Myocene located?

Myocene is headquartered in Liege, Belgium. It is registered at Liege, Liege, Belgium.

Is Myocene a funded company?

Myocene is a funded company, having raised a total of $5.36M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.14M, raised on May 30, 2023.

What does Myocene do?

Myocene was founded in 2020 in Liege, Belgium, within the sports technology sector. AI-driven fatigue-monitoring devices are developed and supplied for athletes, featuring high-sensitivity sensors and proprietary algorithms to assess muscle fatigue during activities. Training and performance analytics are supported through these systems, enabling data collection for optimization in athletic operations across various sports environments.

Who are the top competitors of Myocene?

Myocene's top competitors include Whoop, HyperIce and XTrodes.

What products or services does Myocene offer?

Myocene offers Myocene Device, Myocene Software, and Myocene API.

Who are Myocene's investors?

Myocene has 3 investors. Key investors include Investsud, Wallonie Entreprendre, and Noshaq.

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