Loomia

Loomia design and manufacture soft, flexible circuitry that can heat, light, sense and track data, while seamlessly integrating into soft goods.

Loomia is a technology company creating innovation in smart products secured through blockchain technology. Loomia connect consumers and companies in a mutually beneficial and seamless exchange, making wearables more wearable by creating chemicals and processes that replaces wires for wearable technology.

Loomia’s mission is to create innovation in smart products and related data services that bring comfort, safety and confidence to the human experience.

Loomia got its start three years ago with a $100,000 grant that founder Madison Maxey, now 24, earned as a Thiel Fellow. The company started as The Crated, a studio that built prototypes for companies like Google and North Face, but Maxey later shifted the company’s focus to electrified textiles and renamed it Loomia.

Besides the Thiel grant, Loomia has since received funding from a New York-based accelerator as well as a handful of angel investors.

Loomia on Google News