Omegawave is gearing up for a global roll-out. Its new wireless solution offers a faster and more affordable way for coaches and athletes to monitor and improve sports performance.
Espoo, Finland, June 11, 2012 – Omegawave, the world’s leading training solution provider, announced today that it has secured a 1 million euro equity funding from Conor Venture Partners.
With financial backing from Conor Venture Partners, Omegawave is set to aggressively expand its operations and strengthen its management team. Omegawave’s new CEO Juha Pinomaa has served as President of Suunto and held a number of executive positions at Nokia. Anssi Vanjoki, Chairman of Amer Sports and former vice CEO of Nokia, will serve as Chairman of the Board.
The Omegawave solution is a non-invasive training technology that measures the functional state of an athlete’s cardiac, metabolic and central nervous systems in just two minutes while the athlete is at rest. It then delivers crucial instant feedback on appropriate training loads and intensity based on that day’s physiological assessment.
“We believe Omegawave has significant growth potential. The company has come up with a unique solution that will serve a large untapped market and is backed up by a strong management team,” says Manu Mäkelä, Founding Partner, Conor Venture Partners.