Dallas’ health startup community earned a win this week, as accelerator Health Wildcatters announced yesterday that it has achieved a second exit. A company that went through the program in 2014 was acquired by Nike.
The company, Invertex Ltd., uses computer vision to create 3D scans of feet. (TechCrunch has an explainer on computer vision if you’re interested in how it works). It is based in Tel Aviv, Israel, and will help Nike “deepen our digital talent and further our capabilities in computer vision and artificial intelligence as we create the most compelling Nike consumer experience at every touch point,” Nike Chief Digital Officer Adam Sussman said in this statement.
The sides aren’t disclosing terms.
Health Wildcatters is in its fifth year of existence, with 51 startups in its portfolio. The startups have cumulatively raised more than $50 million.
“As our portfolio continues to grow and mature we expect exits to accelerate too,” Health Wildcatters CEO Hubert Zajicek said in a statement.