Myontec

Kuopio, Finland Founded: 2014 • Age: 12 yrs
Smart clothing measuring muscle activity

About Myontec

Myontec is a company based in Kuopio (Finland) founded in 2014.. Myontec offers products and services including Mbody Live App, EMG MShorts, and Muscle Monitor.

  • Headquarter Kuopio, Finland
  • Sectors
    Healthcare
    Media & Entertainment Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Myontec Ltd
Operational Areas
Healthcare → Health Technology & Digital Health
Media & Entertainment → Sports, Events & Attractions
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Myontec

Myontec offers a comprehensive portfolio of products and services, including Mbody Live App, EMG MShorts, and Muscle Monitor. 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

App for real-time muscle and performance monitoring.

Shorts for EMG-based sprint optimization and injury prevention.

Tool for accurate energy expenditure and recovery tracking.

Funding Insights of Myontec

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2017 Amount Seed - Myontec Valuation Innovestor
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 Myontec

Myontec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Innovestor. 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
Investor Description Founded Year Domain Location
Venture capital investment in early-stage technology, life science, and Health startups
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 Myontec

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 - Myontec

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

Myontec Comparisons

Employees
+
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Competitors of Myontec

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 Myontec

Frequently Asked Questions about Myontec

When was Myontec founded?

Myontec was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Myontec located?

Myontec is headquartered in Kuopio, Finland.

What does Myontec do?

Myontec was founded in 2014 in Kuopio, Finland, focusing on wearable technology in the sports and fitness sector. Intelligent clothing systems, including MBODY Bike Run, MBODY All Sports, and MBODY Pro, are produced to track heart rate, cadence, speed, distance, and muscle activity. Data analysis and recommendations are provided via a mobile app compatible with iOS and Android. A Kickstarter campaign for 90K funding was unsuccessful in November 2014.

What products or services does Myontec offer?

Myontec offers Mbody Live App, EMG MShorts, and Muscle Monitor.

Who are Myontec's investors?

Myontec has 1 investor. Key investors include Innovestor.

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