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LifeQ was founded by South Africans Riaan Conradie (pictured above) and Laurie Olivier in 2014.
The announcement, made last week, comes just over three months after Ventureburn reported that LifeQ’s sister company Stellenbosch based HealthQ would be shut down, as part of a restructuring involving LifeQ (see this story).
Last month tech publication Disrupt Africa reported in an article that LifeQ had carried out the commercial launch of VeoSens, a wearable-based, fully integrated insurance and health management solution developed in partnership with Samsung and Hannover Re.
LifeQ and B-Secur will work together to offer an advanced, integrated ECG and optical based tech solution
The publication said that LifeQ had partnered with 1Life, a leading direct life insurer in South Africa, to launch 1Life Pulse, utilising VeoSens.
In the announcement last week, LifeQ said the startup and B-Secur will work together to provide superior sensing capabilities from wearable devices.
They will also work to create advanced features for identification, wellness and health monitoring in next generation everyday devices.
LifeQ said its PPG signal conditioning technologies are used by leading consumer technology companies to boost accuracy for use in business and clinical applications.
Olivier said in the statement that the global biosensing market has grown exponentially in recent years.
“Events such as Covid-19 have further highlighted the importance of real time health monitoring and, specifically to make this available to everyone,” he added.
Alan Foreman, CEO of B-Secur, stated that many of the technology features that are on offer through an integrated B-Secur and LifeQ solution are currently only accessible in medical environments or by the fortunate few.
“We are very fortunate to find a partner in LifeQ that shares a common goal and we are confident that together we provide class-beating technologies” stated Foreman.
Featured image: LifeQ co-founder Riaan Conradie (Supplied)