DiaMonTech
Latest round
- Series A
Last raised
- Sep 2019
Total raised
- $7.7M
Investors
- 3
About DiaMonTech
DiaMonTech AG, founded in 2015 in Berlin, Germany, specializes in creating advanced non-invasive blood glucose monitoring devices. The company was co-founded by Rainer Gith, Thorsten Lubinski, and Werner Mäntele. DiaMonTech specializes in the development of non-invasive blood glucose monitoring solutions. Their core offering includes a compact blood glucose meter designed to provide precise and pain-free glucose measurements within seconds. This device utilizes patented technology that is still in development, aiming to enhance the quality of life for individuals living with diabetes. The company collaborates with partners, including Samsung, to develop a miniaturized sensor that can be integrated into wearable devices such as smartwatches. The primary end users of these products are individuals with diabetes, healthcare providers, and researchers in the biosciences sector. While based in Berlin, their innovative solutions are intended for broader geographical markets beyond just Germany. The revenue model for DiaMonTech centers around the commercialization of its non-invasive blood glucose monitoring technology, which is expected to generate income through direct-to-consumer sales and partnerships with health technology companies. As their flagship product develops, the company plans to implement a subscription model for their accompanying app, which will track blood glucose levels, blood pressure, nutrition, activity, and medication management. This app may integrate with other health applications, thus expanding its utility among consumers. Although specific pricing plans have not been detailed, strategic partnerships with major companies like Samsung indicate potential for B2B agreements that could include product integration and distribution across various health and wellness platforms.
Who invested in DiaMonTech
3 investors across 2 rounds
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Questions about DiaMonTech
Who invested in DiaMonTech?
DiaMonTech has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has DiaMonTech raised?
DiaMonTech has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did DiaMonTech last raise money?
DiaMonTech's most recent round on record is a Series A, in Sep 2019.
What does DiaMonTech do?
DiaMonTech AG, founded in 2015 in Berlin, Germany, specializes in creating advanced non-invasive blood glucose monitoring devices.
Where is DiaMonTech headquartered?
DiaMonTech is headquartered in Berlin, Germany.
Which VCs invest in companies like DiaMonTech?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back medical devices & equipment companies at DiaMonTech's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series A
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