Biolinq’s $100M In Series C Financing Supports Efforts To Bring Diabetic Glucose Monitoring With Needle-Free Patch To Market

Biolinq plans to use the proceeds of its new venture funding to support US FDA de novo review, automation engineering and commercialization efforts with partners, CEO Rich Yang told Medtech Insight.

(Biolinq)

Biolinq announced today it secured $100m in a Series C funding round, the proceeds of which will be used to support regulatory clearance of its wearable patch for people with type 2 diabetes not using insulin and to drive manufacturing as well as commercialization efforts with partners, CEO Rich Yang told Medtech Insight.

San Diego-based Biolinq is developing a wearable patch that uses tiny microsensors that insert themselves to measure glucose just beneath the skin’s surface. That sets the technology apart from currently...

Key Takeaways
  • Biolinq has secured $100 million in Series C funding to support FDA clearance, scale up manufacturing, and prepare for commercialization of its needle-free wearable glucose...

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