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July 21, 2015

Wearable maker eyes hole in one with £415,000 funding

Device for golfers set to launch in January 2016.

By CBR Staff Writer

Scottish wearables maker Shot Scope has received £415,000 to launch its wearable device for golfers in the UK and US markets.

The performance-tracking device is smaller than an average wristwatch, which features patent pending technology that provides scoring and statistical data as a golfers play.

Once a round is completed, the data collected in the device is uploaded to the Shot Scope website or mobile app.

The wearer will then be able to see statistics, analytics and maps detailing every shot which are displayed in a graphical user interface.

Shot Scope highlighted that the device will not interfere with the game as golfers do not have to push buttons or perform any actions to track or activate the device.

Investment Company Equity Gap led the £415,000 deal, which was supported by Scottish Investment Bank and Old College Capital.

The company is planning to use the funding to build its team, complete product development, and start the manufacturing of the device prior to its scheduled launch on January 2016 at the PGA Merchandise Show in Orlando, Florida.

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Shot Scope founded David Hunter said: "Golfers have always been obsessed with tracking performance and it is amazing that in 2015 so many golfers, even professionals, rely on data collected with paper and pen.

"Shot Scope changes that by automatically collecting over 50 performance indicators, allowing you to identify your most crucial areas for improvement.

"For the first time it will give amateur golfer’s access to the kind of game changing information that professionals can only collect with a team of helpers."

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