Quest Ventures Funds Dolbomdream’s IoT Hugging Vest Expansion in Southeast Asia

• ByStartupStory     |    February 23, 2024

Quest Ventures has provided undisclosed seed funding to South Korean startup Dolbomdream, which specializes in developing IoT-powered hugging vests. The investment aims to support Dolbomdream’s expansion into Southeast Asia. According to Kim Jihun, CEO of Dolbomdream, the collaboration with Quest Ventures is pivotal for the company’s expansion plans in Southeast Asia. He emphasized the importance of building networks with local partners and conducting pilot tests to ensure successful integration of their products in the regional market.

Dolbomdream’s flagship product is the smart HUGgy vest, designed to incorporate research-backed Deep Touch Pressure technology. This technology simulates the effect of hugs on wearers, offering psychological comfort. The vests analyze wearers’ biometric data to provide real-time analysis of their psychological status through a dedicated app. Additionally, caregivers can activate the vest through the app.

The target customer base for Dolbomdream’s hugging vests includes special needs individuals, seniors, sleep disorder patients, and anyone who might benefit from the therapeutic power of a hug. Specifically, the product is beneficial for individuals with conditions such as Autism Spectrum Disorder (ASD), helping them cope with heightened stress levels.

The hugging vest features non-contact biometric sensors to measure the wearer’s heart rate and other biometric data. This data is transmitted to caregivers through the dedicated app, enabling them to monitor the wearer’s psychological condition in real-time. Moreover, caregivers can remotely activate the vest using the app.

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