The smartwatch brand VELDT raises JPY 160 million | VELDT
Summary
VELDT Inc. (Head office: Setagaya-ku, Tokyo, CEO: Jin Nonogami) which develops IoT related products and services, announced the completion of increase in capital by JPY 160 million thru third-party share allocation. [Accelerating the development of Physical Conditioning Service utilizing quality wristwear and AI technology] VELDT is a producer of smartwatch products with vintage analog wristwatch styling. Along with the agreement to underwrite the capital increase by third-party allotment of new shares, Masaaki Sato from Fast Track Initiative will become an outside director of VELDT to strengthen its management structure. Darma Tech Labs was founded on the principal of supporting hardware device start-ups, creating a project management service, Makers Boot Camp to help companies in the transition phase of prototyping to mass production. Infocare: Filtering out important information from the flood of data to secure time to relax, Selfcare: correcting an often-disturbed life rhythm to increase the period of good health and high performance, and the Enhancement of convenience to enjoy the things we like.