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Electronics Startup Motiv Raises $4.1 Million

Fitness tracker Motiv Raises $4.1 Million
Credit: mymotiv.com

Motiv completed $4.1 million in financing from an undisclosed investor.

Motiv is a personal technology brand focused on making devices that fit seamlessly into people’s lives. The company’s first line of personal fitness trackers is called Motiv Ring, which monitors users’ activity, heart rate and sleep. Motiv Ring currently sells for $199 and is slated to ship its first batch of products this summer.