- Breakthrough thermal technology company and Wave bracelet creator Embr Labs recently announced it raised $6 million in Series B funding
Embr Labs — a breakthrough thermal technology company and the creator of the Wave bracelet — announced $6 million in Series B funding led by DigiTx Partners with participation from Safar Partners, Joyance Partners, Bose Ventures, and PBJ Capital. And Embr Labs will use the funding to grow the company’s footprint in wellness and digital therapeutics, accelerate development for the next generation of its core technology platform, and validate new use cases in thermal wellness.
Ever since the Wave bracelet launched in September 2017, Embr sold tens of thousands of devices to those who desired to harness the restorative power of temperature. The company was founded by three engineers in a cold lab at MIT.
And Embr started with a basic insight, which is that “temperature impacts the way we feel and if the temperature can be personalized and delivered in new formats, then it unlocks the therapeutic power.”
Embr Labs’ patented technology utilizes the power of thermal sensations to deliver safe, non-invasive, and natural therapies that utilize the body and mind’s natural response to temperature to promote relief from hot flashes, manage stress, and enhance sleep.
“There are over 330 million women affected by hot flashes, 2.5 billion people dealing with stress-related issues and 1.5 billion people experience sleep discomfort,” said Elizabeth Gazda, the CEO of Embr Labs. “With the backing and expertise of the new and existing investors, we have the potential to improve our technology to substantially impact lives. The Series B funding will accelerate the development of our core technology platform and help us realize our thermal wellness vision.”
Embr Labs’ flagship product called the Wave bracelet features Embr Labs’ core innovation and its patented thermal waveforms (dynamic temperature sensations that cool or warm temperature-sensitive nerves with algorithmically-designed waves). And this technological breakthrough is what makes cooling in a small wearable device possible while reducing power consumption and system size.
The Wave intelligent bracelet helps you feel colder or warmer by 5ºF. Despite only being sold in the U.S., the Wave is being used in over 140 countries.
“Embr Labs is not only a commercial company defining Thermal Wellness, but also a digital health company with great potential to substantially impact several therapeutic areas,” added David J. Kim, M.D., Managing Director of DigiTx Partners. “Moreover, significant real-world evidence can be captured through the Wave devices, which would lead to more personalized and optimal therapy for the users.”
Embr Labs is also rebranding to align the company’s design and tone with its new thermal wellness ethos. However, the Embr Labs name — which stands for Environment-Mind-Body-Resonance — will not change. The new brand identity was rolled out on the company website, packaging, and mobile app.
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