StartUp Health Insights: Diatech Diabetes Receives $1M Award from JDRF | Week of Jul 11, 2023
Diatech Diabetes is a T1D Moonshot Fellowship recipient — one of the dedicated companies that has joined StartUp Health to help speed up progress on the prevention, management, and cure of Type 1 diabetes.
Diatech Diabetes, a Memphis, TN-based AI-powered infusion monitoring company, received an award from JDRF. The StartUp Health T1D Moonshot Fellowship company will use the fresh funding to support research and development of SmartFusion, Diatech’s infusion monitoring software for insulin pump platforms. <source>
Other reported health innovation funding this week included:
Neko Health, a Stockholm, Sweden-based provider of preventative healthcare via full-body scans backed by AI software, raised €60M ($65M) led by Lakestar, with participation from Atomico and General Catalyst. <source>
Verifiable, an Austin, TX-based startup that is automating the healthcare credentialing and compliance process, raised $27M led by Craft Ventures, with participation from Highland Capital Partners, 137 Ventures, Cooley, The Altman Fund, and Struck Capital. <source>
Luminopia, a Cambridge, MA-based digital therapeutic for lazy eye, raised $16M led by U.S. Venture Partners (USVP), with participation from Broadfin Advisors, ShangBay Capital, and Vertical Group. <source>
Sonio, a Paris, France-based ultrasound technology company, raised $14M led by Cross Border Impact Ventures and the Elaia funds, with participation from angel investors. <source>
Dock Health, a Boston, MA-based administrative hub for healthcare professionals, raised $2M in debt financing from undisclosed investors. <source>
Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.
Call for T1D Innovation
Are you a scientist or innovator focused on T1D innovation who would benefit from education about how to navigate and build a company that will be successful in attracting mission-aligned capital, customers, and collaborators to pursue scientific discoveries in the field of Type 1 diabetes? Learn more and apply for one of the first 25 T1D Fellowships.
Become a Health Moonshot Champion
Health moonshots are fueled by passionate families, foundations, and industry organizations committed to achieving health moonshots. Learn how you can join other champions of the T1D Moonshot or one of our other global health moonshots.
Investors: Learn how you can become a Health Moonshot Champion and invest in Health Transformers.
Digital health entrepreneur? Don’t make the journey alone. Learn how Health Transformer University fuels your health moonshot.
Follow us on social media for daily updates on Health Transformers: Twitter, LinkedIn, Facebook, and Instagram.