Tag: relay-ventures
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Canadian smart sport bra maker gets $10 million to take on fitness giants
By Alastair Sharp TORONTO (Reuters) – A small Canadian company has raised $10 million to take on Nike Inc , Under Armour Inc and others with a sensor-rich sports bra its chief executive says is more useful than a smart watch and more comfortable than a heart rate monitor. Montreal-based OMsignal hopes the funding round,…
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GE brings off-the-shelf biotech drug factories to Ireland
General Electric is digging deeper into biotechnology with plans to build four prefabricated drug factories in Ireland, bringing to Europe a low-cost manufacturing concept it first pioneered in China. The new factories on the site will be owned and run by GE customers. The GE BioPark Cork site is expected to create 500 jobs when…