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Sky Labs logo — Experience Seamless Heart Health Monitoring with Innovative...

Sky Labs

Experience Seamless Heart Health Monitoring with Innovative Precision

Founded 2015 Series C Total: $28.22B Health Care

General Information

Company Name Sky Labs
Founded Year 2015
Industries Health Care
Funding Stage Series C
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About Sky Labs

Sky Labs is a health care startup founded in 2015, with a focus on developing a ring-type Cardio Tracker called CART for continuous monitoring of atrial fibrillation, a condition often challenging to diagnose. The company's slogan, "Experience Seamless Heart Health Monitoring with Innovative Precision," encapsulates its mission. Atrial fibrillation affects a significant portion of the population, and Sky Labs aims to address the underdiagnosis of this condition. CART aims to provide continuous monitoring with essential features, including wearable comfort, zero user intervention, and medical accuracy. It is designed to be water-proof and dust-proof, allowing users to wear it during daily activities. The device performs measurements automatically, ensuring user convenience. Furthermore, it adheres to conventional cardiologist methods for accurate diagnoses. Sky Labs targets a substantial initial market of 200,000 atrial fibrillation patients in Finland, with a broader market of 300 million individuals needing diagnosis and millions involved in clinical trials. The company has secured a KRW20.70B Series C investment on 22 September 2023, with prominent investors such as Korea Development Bank, Devsisters Ventures, K2 Investment Partners, SJG Partners, and Open Water Investment participating in the funding round. Currently, Sky Labs is validating CART's performance through clinical trials with Seoul National University Hospital and collaborating with global pharmaceutical company Bayer on innovative healthcare initiatives. This strategic approach underlines the company's commitment to leveraging partnerships and cutting-edge research to advance its groundbreaking solution in the health care industry.

Taxonomy: atrial fibrillation monitoring, wearable health devices, continuous health monitoring, medical accuracy, clinical trials, digital health innovation, heart disease data analysis, smartphone health apps, global health partnerships

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 5
Investor Investor Investor
•••• •••• 		22 Sep 2023
Series B •••••• 6
Investor Investor Investor
•••• •••• 		22 Jun 2021
Venture Round •••••• 1 •••• •••• 25 Nov 2020
Series A •••••• 3 •••• •••• 16 Oct 2019
Seed Round •••••• 1 •••• •••• 06 Aug 2018

View All 7 Funding Rounds

Sky Labs Alternatives & Competitors

Sky Labs vs
HUINNO
HUINNO Korea South

Leading the digital healthcare market.

Series C
48 employees
AI, Hardware

FAQ About Sky Labs

Experience Seamless Heart Health Monitoring with Innovative Precision
Sky Labs was founded in 2015.
Sky Labs operates in the following industries: Health Care.
Sky Labs has completed 7 funding rounds, raising a total of $28.22B. The latest funding stage is Series C.
Top alternatives and competitors to Sky Labs include HUINNO. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sky Labs and HUINNO are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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