Braigo Labs Inc., a Palo Alto, California, USA-based developer of a Lego Braille printer, raised a seed round investment from Intel Capital.
The amount of the funding was not disclosed.
The company intends to use the funds to further expand its R&D capabilities around the Braigo line of Braille printer/embosser devices and other products catering to the accessibility markets.
Founded by 13-year-old entrepreneur and middle schooler Shubham Banerjee, Braigo Labs provides scientific and technological services. Its products include Braigo v1.0, a Lego Braille printer, which uses new technology and an Intel Edison chip. Portable, silent, and IOT-enabled, it reduces the price of a printer from more than $2,000 to $350 for education, teaching and home-use purposes.
FinSMEs
08/11/2014
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