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Wearable Tech Startup Thalmic Labs Gets $120M

Wearable tech startup Thalmic Labs just raised $120 million in a Series B round of funding round led by Intel Capital, the Amazon Alexa Fund, and Fidelity Investments Canada. “Thalmic is best known for … a gesture- and motion-guided armband that taps the electrical activity in your muscles to control a range of devices such as drones, computers, smartphones, and other contraptions with built-in wireless connectivity,” Venture Beat reports.

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