TechJournal South
Header

Exmovere Holdings motors toward $17.5M round

August 5th, 2010

Exmovere Chariot

The Exmovere "Chariot"

MCLEAN, VA – Biomedical engineering firm Exmovere Holdings Inc. has raised $574,000 of a $17.5 million equity offering, according to a regulatory filing. The company develops products for healthcare, security and mobility.

We think the company has some of the more interesting and innovative products we’ve reported on in a while.

Among other products, it is developing a Segway-based upright mobility device that surrounds the user’s thighs, hips and legs in a kind of cocoon, called the Chariot. The user’s hands, arms and chest remain free to do whatever is desired. This  positions the vehicle as a direct competitor to existing sit-down scooters marketed to obese, elderly and limited mobility persons.

The Chariot enables users to maintain an eye level position with people, as opposed to scooters and wheelchairs.

The company says the Chariot is its starting point for further development for people who have a hard time standing or walking and for those people who must stand or walk long distances.

It also has assets related to biosensor wristwatches, biosensor turnstiles, emotion detection algorithms, and  technologies designed to detect heart rate, galvanic skin response, skin temperature, and other responses.

The company’s wireless biosensor wristwatches also have applications in the security sector. They can be used for the following:

  • Pilot fatigue and health monitoring
  • Instant headcount of embassy personnel
  • Soldier vital sign monitoring
  • Biometric identification

The Exmogate turnstile is a wirelessly controlled secured portal. The product incorporates embedded GSR, skin temperature, pressure and auto-diagnostic sensors, as well as a video camera. Next generation Exmogates will include embedded biopathogen sensors, a Geiger counter and eventually, radar and sonar. – Allan Maurer

To contact TechJournal South Editor & Writer Allan Maurer: Allan at TechJournalSouth dot com.

 

Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
www.seventure.org

© 2010, TechJournal South. All rights reserved.

Tags: , , , , , ,

Comments are closed.