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.

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