Start-up Thalmic Labs, which received venture funding from Amazon and Intel last year, is working on a wearable device that "will change the way people interact with technology," co-founder and CEO Stephen Lake told CNBC.
"At a really high level what we've been thinking about is what do our interactions as humans with the digital world," Lake said. "What does that look like 5 to 10 years from now?"
Thalmic, based in Waterloo, Ontario, is known for innovating in the area of human-computer interaction. The startup invented the underlying sensor technology that powers Myo, a gesture control armband that was initially envisioned to serve a function similar to the computer keyboard (or mouse) but in the VR environment. The device uses electromyography (EMG), a sensor technology that is typically used in the medical world to pick up electrical impulses from muscles.