London-based deep tech startup Fether Labs has secured €450,000 in funding from Czech venture capital firm Purple Ventures, with participation from Chapter One and the a16z Scout Fund linked to Andreessen Horowitz, as Vestbee was informed.
- Founded in 2023 by co-founders from Imperial College London, Fether Labs is building a wearable gesture-control system in the form of a smart wristband that enables interaction with digital and physical systems through finger movements.
- The device uses biomechanical sensing to detect tendon activity beneath the skin, avoiding cameras and muscle electrical signals.
- This motion data is translated by software into precise commands, allowing control of interfaces, AR/VR environments, robotics, and industrial systems without traditional input devices.
Details of the deal
- The capital will be used to introduce the first developer kit, run early B2B pilot programmes, and advance the underlying sensing and recognition technology toward commercial readiness across sectors such as augmented reality, robotics, healthcare, and industrial applications.
“Fether Labs caught our attention with a combination of a top-tier team, a strong technological foundation and an exceptionally ambitious vision. What makes opportunities like this interesting to us is precisely the fact that at first they look like an unassuming technical improvement, but in reality they may define an entirely new category,” explains Jan Staněk, partner at Purple Ventures.
