Movano has filed a notice of an exempt offering of securities to raise $24,128,792.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Movano is raising up to $24,128,792.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, John Mastrototaro played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Movano
Movano Inc. engages in developing a platform to deliver healthcare solutions at the intersection of medical and consumer devices. The company is involved in the development of Evie Ring, which is a wearable designed specifically for women that combines health and wellness metrics comprises resting heart rate, heart rate variability (HRV), blood oxygen saturation (SpO2), respiration rate, skin temperature variability, period and ovulation tracking, and menstrual symptom tracking, as well as activity profile, including steps, active minutes and calories burned, sleep stages and duration, and mood tracking. It also develops System-on-a-Chip (SoC), for blood pressure or continuous glucose monitoring (CGM) systems. The company was formerly known as Maestro Sensors Inc. and changed its name to Movano Inc. in August 2018. Movano Inc. was incorporated in 2018 and is based in Pleasanton, California.
To learn more about Movano, visit http://movanohealth.com/
Contact:
John Mastrototaro, President and Chief Executive Officer
415-651-3172
https://www.linkedin.com/in/john-mastrototaro-54668416/
SOURCE: http://www.intelligence360.io
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