Endotronix, Inc., a digital health medtech company providing innovative solutions for patients with advanced heart failure, today announced that it has entered into a $12 million term loan agreement with Silicon Valley Bank (SVB). The financing comes after a successful $32 million Series C round last July that included BioVentures Investors, SV Life Sciences (SVLS), Lumira Capital, Aperture Venture Partners, OSF Ventures, existing investors, and a corporate strategic investor. The startup plans
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Kyocera Unveils Optical Blood-Flow Sensor for Wearable Devices
Kyocera Corporation has unveiled one of the smallest known optical blood-flow sensors, which measures the volume of blood flow in subcutaneous tissue. Measuring only 1mm high, 1.6mm long and 3.2mm wide, the sensor is designed for use in small devices such as smartphones and wearable devices.Kyocera, which provides a wide range of components for smartphones and wearables, has been developing slimmer, smaller products to support higher functionality in more compact devices. The company developed
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Validic, RTI Partner to Optimize Wearable/Sensor Data in Clinical Research
RTI International and digital health integration platform Validic has teamed up to optimize consumer wearable and health sensor data for clinical research. As part of the partnership, RTI and Validic will work together to better understand how teenagers’ health, social experience, genetic profile and living situation affect their health and behavior later in life.Once Validic validates and delivers patient-recorded data from wearable devices like Fitbit, RTI will leverage the information – and
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Endotronix Nabs $32M for Wireless Pulmonary Artery Sensor
Endotronix, a digital health startup developing a implantable, wireless pulmonary artery sensor for patients suffering from advanced heart failure has raised $32 million in Series C funding. Participating investors in the round include BioVentures Investors, SV Life Sciences (SVLS), Lumira Capital, Aperture Venture Partners, and OSF Ventures along with existing investors and a corporate strategic investor. The company plans to use the funding from the round to support the safety and feasibility
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Israeli Digital Health Startup EarlySense Lands $25M for Contact-Free Monitoring
Israeli digital health startup, EarlySense, a contact-free continuous monitoring solutions provider, announced today that it has raised $25 million in funding, led by Israel’s largest bank, Bank Hapoalim. Pitango Venture Capital, JK&B Capital and other previous investors also participated in the round.The latest round brings the company's total funding to $100M including strategic investments from Samsung, Welch Allyn and Mitsui. The company will utilize the funding to scale its product
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11 Startups Building the Next Generation of Medical Sensors
Medical sensors are everywhere, and the market continues to boom. In 2012, the medical sensor market was already worth $8 billion, and biosensors contribute more than 60% of that total revenue, according to Markets and Markets. The trend is all over the world, with 42 percent of the market share coming from North America, 32 percent from Europe, and the rest filled out by Asia Pacific countries. In 2015 alone, Pivotal reported that the consumer wearable sector is expected to grow by a
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