IP Group Inc. Partners with CoMotion at University of Washington to Launch Nanotechnology Innovator Somalytics Appoints Industry Leader Barbara Barclay as CEO

SEATTLE – (COMMERCIAL THREAD) – IP Group Inc. and University of Washington CoMotion today announced the launch of nanotechnology startup Somalytics Inc., which promises to bring better “meaning” to the digital world. The new company is focused on the development and mass production of a first miniature capacitive sensor made of paper carbon nanotubes, flexible and highly sensitive to the human body, enabling new consumer and industrial applications. Somalytics’ skin, eye and gesture monitoring sensors, made in the USA, will change the world by improving the human experience through innovations in fields such as consumer electronics, the Internet of objects, transport, health and well-being.

“Our collaboration with UW’s CoMotion team to bring this breakthrough innovation to the world is exactly what IP Group exists,” said John Fijol, Director of Systems Technology at IP Group Inc. “Nanotechnology A pioneer of Somalytics will drive the transformation of seemingly endless applications for the B2C and B2B markets with the creation of tiny, high-sensitivity sensors that can be mass produced at extremely low cost.

Barbara Barclay, industry leader in eye tracking, has been appointed by IP Group as CEO of Somalytics. She is a recognized leader who brings to the company over 12 years of experience in creating new markets for eye tracking and sensor technology in fields such as automotive, consumer electronics, goods. consumption, defense, health, industrial manufacturing and sports performance. Barclay is the former president of eye-tracking company RightEye. Previously, she was Managing Director for North America for the world’s leading eye-tracking manufacturer Tobii Technology.

“This technology could be as transformative for the human experience as the mobile phone,” said Barclay. “The uses are unlimited and very beneficial for improving the human condition and our interactions with the digital world. We look forward to partnering with major influencers in global markets to bring this disruptive technology to market quickly, with estimated potential of over $ 15 billion.

Somalytics’ patent-pending products are a new class of ultra-high-sensitivity, fast-response capacitive sensors constructed using a substrate filled with carbon nanotubes developed at the University of Washington in the laboratory of Associate Professor of Mechanical Engineering Jae-Hyun Chung, Somalytics’ co-founder, and the laboratory of Assistant Professor of Environmental and Forest Sciences Anthony Dichiara. Sensitive to human presence up to 20 centimeters, the new technology enables more efficient digital contactless interactions, which became increasingly important in public spaces during COVID. The company uses the sensors, which are covered by four patent families filed and managed by CoMotion, to develop body, eye and gesture proximity sensing products that improve the efficiency of consumer devices, support health and well-being, improve safety in automated environments and activate assistive devices. The development of this technology has been supported by one of CoMotion’s highly competitive Innovation Gap Fund awards, as well as innovation training initiatives from NSF I-Corps and the company’s own Idea to Plan workshop. CoMotion.

Somalytics capacitive sensors have a flexible, ultra-thin form factor, which can be 100 times smaller than a conventional sensor. The sensors are made up of carbon nanotubes embedded in paper, which are 10 thousandths the size of a human hair. Despite their small size, Somalytics sensors provide a particularly strong detection signal while requiring an extremely low energy consumption footprint. They also offer an exceptional and cost effective alternative to current eye tracking technologies, as they can detect the movement of the cornea relative to the spherical curvature of the eye.

“With the power of this new, patent-pending nanotechnology and our ability to mass-manufacture it in the United States, we will be pioneers in the evolution of capacitive engineering and usher in a new era for the human interface. machine, ”Chung said. “Our technology will be able to replace and surpass the capabilities of previous human-machine interaction technologies such as eye tracking as well as assistive devices. The potential is incredible and we can’t wait to make it a reality.

LIVE DEMO: Join Somalytics at # CES2022 in Las Vegas for a live demonstration of the prototype of this incredible new sensor technology. Stay tuned to Somalytics on LinkedIn and Twitter for updates!

For more information, visit www.somalytics.com.

About Somalytics

Somalytics brings better meaning to the digital world. The nanotechnology start-up was launched by IP Group Inc. to commercialize the technology developed by researchers at the University of Washington in collaboration with CoMotion. Somalytics has developed a miniature, patent-pending paper carbon nanotube capacitive sensor that is highly sensitive to the human body, enabling new consumer and industrial applications. Somalytics’ skin, eye and gesture monitoring sensors are developed and manufactured in the USA and are expected to change the world by improving the human experience through innovations in areas such as consumer electronics, ‘Internet of things, transport, health and wellness. Follow us on LinkedIn and Twitter. www.somalytics.com

About Groupe IP inc.

IP Group Inc. is a performance-driven hard science investment firm that discovers and builds start-ups with extraordinary business potential emerging from some of North America’s most productive academic and national research laboratories. Its team of investment professionals is made up of deeply technical business building experts in the life sciences and physics who provide essential support for founders to develop commercially viable businesses based on their innovation. www.ipgroup-inc.com

About the University of Washington and CoMotion

Ranked by Reuters as the world’s most innovative public university for the past five years, the University of Washington is a major recipient of federal research funding, producing innovations that have the power to change the world . CoMotion at the University of Washington partners with the UW community on its innovation journey, providing tools, connections and a keen sense to transform ideas into economic and societal impact. Find more information at comotion.uw.edu.

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