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A wellness technology startup will establish a Central Florida presence after a Lake Nona-based fund led its recent investment round.
Portland, Maine-based KinoTek Inc. will open an office in southeast Orlando’s Lake Nona community following a $2.1 million seed round announced on Oct. 6 and led by the Lake Nona Sports & Health Tech Fund, co-founder and CEO Justin Hafner told Orlando Inno. KinoTek’s Florida operations will operate out of the Lead Sports Accelerator in Lake Nona as it searches for an office, Hafner said. “We want to stay in the core Lake Nona or downtown area.”
The 3-year-old firm’s technology lets therapists, chiropractors and strength/conditioning coaches capture and document movement data in as little as 5-10 seconds. It then can easily share the data with clients as part of the recovery or training process.
The company’s founders discovered Lake Nona through the Lead Sports Accelerator, operated by German sports tech accelerator Lead Sports, which KinoTek joined last year. A big factor in attracting the firm to Lake Nona was its sports and health tech resources cluster, which include the Johnson & Johnson Human Performance Institute and the U.S. Tennis Association’s USTA National Campus.
