What is Piq?
Piq Sport Intelligence is a specialized technology firm focused on the intersection of sports performance and IoT-enabled hardware. Founded by industry veterans Cedric Mangaud and Ongan Mordeniz, the company develops sophisticated sensor-based solutions that capture granular data points during athletic activity. By integrating advanced motion analysis with intuitive software interfaces, Piq provides users with a comprehensive view of their performance metrics. The company currently maintains a robust workforce of 67 employees, operating at the nexus of mobile software innovation and hardware engineering to deliver a seamless user experience for both amateur enthusiasts and professional athletes.
How much funding has Piq raised?
Piq has raised a total of $5.5M across 1 funding round:
Series A
$5.5M
Series A (2015): $5.5M with participation from Swisscom, Ginko Ventures, Foxconn Technology Group, and Robolution Capital I
Key Investors in Piq
Foxconn Technology Group
A global leader in electronics manufacturing, Foxconn provides the industrial scale and supply chain expertise necessary for hardware-focused startups to reach mass-market production.
Ginko Ventures
A venture capital firm targeting European technologies and solutions that possess the potential to rapidly access and dominate global markets through sustainable industry partnerships.
Swisscom
A major Swiss telecommunications provider that invests in digital infrastructure and connectivity solutions to support the growth of innovative technology ecosystems.
What's next for Piq?
With the successful deployment of its recent funding, Piq is well-positioned to accelerate its product roadmap and expand its market footprint. The strategic focus will likely shift toward deepening its integration with global sports ecosystems and enhancing its data analytics capabilities to provide more predictive insights. As the wearable market continues to evolve, Piq's ability to maintain its technological edge will be critical. The company is expected to leverage its existing partnerships with major electronics manufacturers and telecommunications providers to scale its distribution channels, aiming to capture a larger share of the burgeoning sports technology sector while maintaining its commitment to high-fidelity performance tracking.
See full Piq company page
