
upLYFT secures £500K to launch AI-powered wearables
upLYFT, a startup in the smart technology sector, is excited to announce the successful completion of a £500,000 investment through the Deepbridge Capital UK Innovation Seed Fund, alongside TIME Interconnect (HK) Limited.
This significant investment will enable upLYFT to accelerate the development and market introduction of its intelligent wearable technology. The funding will support product enhancement, team expansion, and operational scaleup to meet growing demand across the healthcare and sports sectors.
Founded in London and inspired by a personal connection to age-related mobility challenges, upLYFT is committed to improving quality of life through innovation. CEO and founder Aalok Rai commented: "We’re thrilled to have the backing of Deepbridge Capital and TIME Interconnect (HK) Limited. Their support validates the disruptive potential of our technology and enables us to fast-track the delivery of a new wearable form factor – one that reimagines how movement and musculoskeletal health can be supported at scale. This funding marks a pivotal step in our mission to make smart wearables central to preventative healthcare, performance optimisation, and independent living."
The involvement of TIME Interconnect (HK) Limited and Deepbridge Capital in this investment round underscores the strategic importance of upLYFT’s technology and highlights the synergy between the two companies. Dr. Andrew Round, Investment Director at Deepbridge Capital says: "We are excited to partner with upLYFT and support their mission to enhance mobility and independence through smart wearables. This collaboration aligns with our commitment to investing in innovative technologies that have the potential to improve lives." William, from TIME Interconnect (HK) Limited commented: “We are delighted to be supporting upLYFT's seed funding round, alongside Deepbridge Capital. Our ambition is to support the very best MedTech entrepreneurs seeking to create groundbreaking medical products that transform patient care and accelerate their growth via access to our manufacturing and global distribution network.”
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