Gyges Labs, a company specializing in AI - powered wearable technology, has recently successfully wrapped up a fresh round of financing. This round saw the involvement of Granite Asia and Cuican Capital.

The newly acquired funds are earmarked for two key areas. Firstly, they will fuel research and development efforts for new products. In the fast - paced tech world, continuous innovation is crucial, and these funds will enable Gyges Labs to stay at the forefront by exploring new features and functionalities for their wearable devices. Secondly, the capital will be channeled into supply chain investments. A robust and efficient supply chain is the backbone of any product - centric company, ensuring timely production and delivery of high - quality goods.

Established in 2022, Gyges Labs has set its sights on crafting intelligent wearable devices. The company boasts cutting - edge optical technologies and active AI capabilities. These technological strengths form the foundation of their product development strategy. Looking ahead, Gyges Labs has ambitious plans to introduce an even wider array of smart wearable products, catering to the diverse needs and preferences of consumers in the ever - evolving tech market.