New Technology Start-Up Designs A Platform To improve Athletic Performance. Founded by technology entrepreneur and former HTC Executive, Cedric Mangaud and Ongan Mordeniz, PIQ delivers a sensor platform for global sports brands. PIQ, a new technology start-up focused on designing a platform of sensors and data analytics to improve athletic performance, today announced it has raised $5.5 million in Series-A funding from FIH Mobile, Ginko Ventures, Robolution Capital 1, Swisscom Ventures and others.
PIQ captures you at your best during your sport session and tells you what you have done well. Sports aren’t only about performance and improvement, users should have fun while playing sports.
The PIQ measuring unit will allow people to compete with themselves and their friends by measuring performances among several different sports and opening new gaming possibilities. Today, People share the best aspects of their lives on social media. PIQ embraces this trend by allowing users to share their best sport performances and challenge others.
“We are at the cusp of an integrated sport and technology era that enables all athletes, casual or serious, to utilize sensors and cloud connectivity to track their progress, compete with their friends and remember those moments,” said Cédric Mangaud, co-founder and CEO of PIQ.
It’s PIQ’s ambition to enhance the sporting experience, design a way to have people practice sports more often and add more fun to sports. These funds will allow PIQ to market their first products in partnership with 3 exclusive sport brand manufacturers respectively in summer, fall and winter 2015.
Sensor PIQ-01 LDDesigned by Octonion in Switzerland, the company has worked for 2 years on a new generation of multi-sport motion trackers dedicated to various sports. PIQ precisely tracks your performance and measures up to 11 million data points during a one hour sport session. Other activity trackers already deliver bio metric data whereas PIQ provides performance metrics. PIQ designed a dedicated service introducing gamification and challenges users to play more and better. PIQ will launch its first dedicated sport equipment as early as summer 2015 in Europe, the USA and Japan.
