The technology has been developed by two PhD students of ETH. As the technology is very complex, the generated IP is hardly replicable. The company has already had several pilot projects with major Swiss footwear companies and is bringing its solution on the market this year. As there are no similar solutions on the market, with their soft skin wearable, Capskin could disrupt the market in human centered design and not only regarding footwear. Soon, they will launch a paid early adopter program with several companies and laboratories to develop the different applications in the footwear industry (safety, running, ski, football). We believe the team has the capability to reach their newly set targets and will be able to raise a larger seed round towards the end of 2022. And this is why we invested again in Capskin.
This article was published by Serpentine Ventures: https://www.serpentine.vc/blog/smart-socks-are-just-the-beginning/