Posted by : Unknown
Monday, 17 March 2014
RHL Vision Technologies, a startup which
developed the gesture-based wearable device called Fin, has raised over
$200,000 on the crowd-funding platform Indiegogo. Fin, is a tiny
hardware product that can be worn on your thumb as a ring, which
converts your whole palm into a gesture interface.
Fin is a Bluetooth enabled device. It
has sensors that can uniquely recognize each segment of the
fingers and can be linked to other devices like your smartphone, TV as
well as another wearable devices. Users can assign different functions
to each finger segment and can perform multiple functions by just making
their thumb, touch the relevant segment.
The device was developed by Rohildev N, a
23 year old engineering graduate who established RHL Vision
Technologies 8 months back. The company originally targeted to raise
$100,000 and reached that target in mid-February. Later the company
revised its target twice – first to $150,000 and then to $250,000. Now,
the product has managed to raise about $200,000 from some 1,600 people
around the world who have pre-ordered the device.
Fin will be priced at $120 each, but the cost could come down with mass manufacturing.This
is the second Indian hardware/software startup that has raised money on
the crowd-funding platform in recent times. Last year Gecko, the
coin-sized electronic device, developed and marketed by a Bangalore
startup, raised funds worth $135,485 on Indiegogo. As many as 3,731
people around the world ordered the device.
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- Kerala Based Startup RHL Vision Raises $200,000 Online