16Lab Raises Capital to Accelerate Development
Kamakura, Japan — January 29, 2020 — 16Lab, developer of OZON™ – a platform for next-generation computing experience – announced that it has closed the second batch of the 3rd round of fundraising from individual investors including a well-experienced executive in the European luxury fashion industry.
With this, 16Lab will accelerate its ongoing development as it attracts top engineering minds from around the world.
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16Lab Inc. https://16lab.net
16Lab is a startup which has gathered some of the best engineering minds from across the globe in order to develop the next generation human-centered computing platform towards the Smart City era. 16Lab is a fabless company focusing on development resources in its core competence, such as embedded security, ultra-low power consumption technology and super accurate 3D motion analysis. 16Lab is a recipient of the Japanese government’s subsidy program called the NEDO R&D Venture Support Program that supports highly competitive R&D-oriented innovative startups. Moreover, 16Lab was awarded top prizes at Japan-UK Tech Awards, CEATEC Innovation Awards (Home Entertainment), EY Innovation Startup Award (IoT) and TiE 50 Top Startup Awards.
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