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Portland digital health startup KinoTek raises $2.1M in VC funding

The company, which has developed a digital health platform for body-motion assessment and currently employs a dozen people, says it plans to used the funding to scale and serve a wider range of movement-clinician markets. ....

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Biz Bites: KinoTek moves a third time; County homebuyers go to school

Biz Bites: KinoTek moves a third time; County homebuyers go to school
mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.

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Portland entrepreneur wins national award as growing startup readies product launch

At the ripe age of 24, KinoTek Inc. co-founder and CEO Justin Hafner has received a national award for sports-business movers and shakers under 25 with big growth plans for his 3-year-old software startup.
On Tuesday, he became the first Maine business leader to be chosen for the Front Office Sports Rising 25 Awards, whose winners have gone on to start companies, lead departments and shape the country s booming sports industry. The 2021 winners will be honored in a virtual event this fall.
Hafner s award comes three years after he teamed up with University of Maine classmate David Holomakoff to start KinoTek, a Portland-based developer of a digital platform that uses computer-vision technology for body-motion assessment. The platform is targeted to the sports medicine field. KinoTek won the Greenlight Maine Colleague Challenge in 2019. ....

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Startup Notebook: Portland software developer raises $600K, joins Roux residency starting lineup

KinoTek Inc., a Portland-based developer of a digital health platform that uses computer-vision technology for body-motion assessment, said Tuesday that it has raised $600,000 in a pre-seed funding round that was oversubscribed.
The company was founded in 2018 by University of Maine students Justin Hafner and David Holomakoff, who won the Greenlight Maine Collegiate Challenge in 2019.
In Tuesday s announcement, KinoTek said it will use funding raised in its first round to launch its first product, called Move.ly, to the public later this year.
Investors include IeAD Sports and Health Tech Partners, Tavistock Group, Maine Technology Institute and independent angel investors.
“Every dollar of this round is what we consider ‘smart money, said Hafner. Each investor adds immense value to our company an allows us to build a strong foundation for future growth.” He also referred to the closing of the first funding round as a testament to the team s hard work t ....

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