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Thalmic Labs, a company founded by three À¶Ý®ÊÓÆµ Engineering graduates, announced a series B raise of US $120 million today.

Leading the future of human-computer interaction with its Myo gesture control armband, the company has plans to further build out its workforce in Kitchener-À¶Ý®ÊÓÆµ and San Francisco, and accelerate development of new technologies and products. 

The investment was led by Intel Capital, the Amazon Alexa Fund and Fidelity Investments Canada.

A device that harvests ambient emissions from smartphones and converts them into power to run smart contact lenses has earned a team of À¶Ý®ÊÓÆµ Engineering students a third-place finish and a $4,500 US prize in an international design competition.

Fifty student teams vied for honours at the after being challenged to design and build power-harvesting devices capable of turning radio-frequency emissions into useful DC power.