Funding: $7 million venture capital seed raise
Boston-based wearable health company Lumia has raised $7 million from J2 Ventures, BonAngels Venture Partners, and angel investors to commercialize Lumia 2, its new generation of smart earrings that monitor blood flow in real time. With an additional $5.1 million in government contracts and grants, the company’s total funding has reached $17.2 million. The Lumia 2 earrings, available in gold, silver, and clear finishes, weigh less than one gram and can be worn as huggie hoops, cuffs, or studs. The device uses SwitchBack technology to attach to standard push-back earrings, while the cuff version can be worn without a piercing. Each smart earring includes sleep, temperature, menstrual cycle, and readiness tracking alongside continuous blood flow measurement. “This is what comes after smart rings,” said Daniel Lee, co-founder and CEO of Lumia. “Just as Oura made…