StartToday considers whether StretchSense fits
This has been a great year for validation of angel backed ventures. Angel investors in StretchSense are delighted with the traction this venture is getting.
StretchSense, a New Zealand-based wearable sensor manufacturer spun out from University of Auckland, revealed yesterday that it had agreed a call option to be acquired by e-commerce portal StartToday.
StartToday already owns a 39.9% stake in the spinout ad would pay $72m for the remaining shares.