Central regions | Technology & innovation | Retail, FMCG
“Smart” furniture maker raises new investment
14 Sep '17
Tabula Sense, a young Russian developer and manufacturer of electronics-stuffed furniture, has raised another $330K+ from an unspecified private investor in exchange for 30% of the start-up, Firrma.ru reported, citing project founder and CEO Andrei Rogozin.
Tabula Sense has come up with a “smart” table with a range of built-in gadgets. The R&D stage began in mid-2015, and in October 2016 the start-up had its first sales.
“The key concept of our project is making furniture with built-in electronics. We got started with a single product—only one version of a table. Last year we launched production of electronics-enhanced furniture to order (Tabula Sense Custom) and extended our product line that now comprises five flagship items,” Mr. Rogozin explained.
Back in January 2016, the start-up raised its initial $50,000 in external investment from Alexander Surnin, an entrepreneur from Izhevsk, in the mid-Volga area, in exchange for 30% of the company. “Later on Surnin’s share was diluted as a second investor entered the project, so now his holding is proportionally lower than 30%,” the Tabula Sense CEO said.