MedTechIQ_3Helix InSight Engine-Beta
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Industry
Architects: Small & Medium Size Business (SMBs), Product Development, De-Risking, Validation, Building Niche & Emerging Markets
*Architects: Diabetes (Glucometers, Glucose Monitoring, Continuous Glucose Monitoring [CGM] Companies)
Grove Instruments Inc.
Parents
*Architects: Diabetes (Glucometers, Glucose Monitoring, Continuous Glucose Monitoring [CGM] Companies)
*Architects: Medical Imaging (Infrared) Companies
Venture Capital: Series B
Children
Bloodless glucometer uses light to check blood sugar in 20 seconds or less (2012)
Closed a $6mm oversubscribed financing of Series B preferred shares to undisclosed new and returning investors. (2012)
Developing a noninvasive glucose monitor
Grove Instruments closes oversubscribed Series B financing (2012)
Grove is one of several companies working on a noninvasive diabetes test using spectroscopy including DIRAmed, C8 MediSensors and InLight Solutions.
Uses near-infrared spectroscopy to measure a person’s real-time blood sugar in less than 20 seconds