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To reach more people that are in need of simple solutions to improve metabolic health.
Metabolic health is the ability of the body to respond to food in a beneficial way. Bad metabolic health can lead to conditions such as diabetes. Biolinq’s wearable MedTech enters a similar market as smart watches and Fitbits, but focuses specifically on glucose levels.
Biolinq's patch is placed on the upper forearm and utilises miniscule electrochemical sensors. A display indicates when glucose levels are at an optimum level, and works in real time for optimised and reliable insights. The device stands out against competing device by being "so small that you can barely feel it".
The company's oversubscribed 2024 funding round exemplifies how attractive the offering is to investors, as well as to consumers wanting to control their blood sugar level. Despite this promising market, however, Biolinq must still prove itself in the eyes of the FDA. Hence, funding will be used for a US clinical trial that will be pivotal for the device’s future.
Steph
Company Specialist at Welcome to the Jungle
Apr 2024
$58m
LATE VC
May 2022
$77.9m
LATE VC
Jared Tangney
(President & CTO)Previously CEO and Co-Founder at Electrozyme. Was a Graduate Student Researcher and a Bioengineering Research Associate at UC San Diego, as well as a Due Dilligence Analyst at Tech Coast Angels.