Healium, a virtual and augmented reality biofeedback company, announced Monday one of the largest private equity raises for a woman-owned business in mid-Missouri. The startup, which turns bio-data from any fitness tracker into immersive, reactive media, has also signed a know-how licensing deal with the Mayo Clinic.
A “virtual firefly release” using mobile phones was planned for Monday morning Healium team and Missouri stakeholders to celebrate the news, said Sarah Hill, CEO of the Columbia-based startup.
Through a newly announced know-how agreement, the Mayo Clinic will provide subject matter experts to help develop immersive mental health and fitness opportunities using virtual and augmented reality. Mayo Clinic is also among the investors in Healium’s recent $3.6 million multi-subscriber seed round.
“By partnering with the Mayo Clinic, we’ve built an important bridge between biometrics, generative artificial intelligence and XR content,” said Hill. former TV presenter.
“Media images can hurt, but when transformed into something soothing in a different way, they can also heal,” Hill said. “These are powerful, drug-free, portable coping mechanisms for this mental health emergency that quickly interrupt the stress response.”
click here To check out Healium’s journey to Super Bowl weekend.
In addition to Mayo Clinic’s investment, Healium’s new seed round included KCRise Fund and Missouri Technology Corporation, as well as Ambition Fund II, Captain Partners & Astronaut Holdings, Citrine Angels, Coact Capital, Gaingels, Impact Venture Capital, QRM. Capital, Stadia Ventures, Tidewater Capital and Underdog Ventures.
Healium has already generated millions of dollars in revenue and created high-tech jobs for Missouri’s economy, Hill said. was named one of the companies Startland News’ Kansas City Startups will follow in 2020.
According to Hill, the company’s success is the result of state and local resources that have helped it succeed, including the Missouri Innovation Center, REDI, Mizzou Venture Mentoring Service, MU Entrepreneurial Law Clinic, KCRise Foundation, Missouri Women’s Business Center, Pipeline Entrepreneurs. Missouri IDEA Foundation Co-Investment, WIN for Entrepreneurs and Johnson County Enterprise Center.
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