GraphWear closes $20.5M Series B for a needle-free, nanotech-powered glucose monitor
https://techcrunch.com/2021/10/04/graphwear-closes-20-5m-series-b-for-a-needle-free-nanotech-powered-glucose-monitor/
GraphWear, a company pursuing needle-free approaches to glucose monitoring, has closed a $20.5 million Series B round. This series B round is a vote of confidence by investors in GraphWear’s approach: to monitor key metrics in the body, like glucose, without breaking the skin at all.
GraphWear Technologies was founded in 2015 by Rajatesh Gudibande and Saurabh Radhakrishnan, who had both completed master’s degrees in nanotechnology at the University of Pennsylvania. Specifically, GraphWear is developing a skin-surface level wearable made of graphene (more on this material later). The sensor is small, about the size of an Apple Watch – but the key piece of technology is actually housed on the bottom. It’s a thin slice of graphene that fits onto the back of the watch, or onto a sticker that can be worn on the abdomen.