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HealthTech Series A Founded 2016

Laxmi Therapeutic Devices

Develper of a wearable diagnostic device for continuous glucose monitoring. It offers a painless patch integrated with multiple microneedles that help in glucose monitoring for patients with Type I diabetes. Backed by HHS. The company was founded in 2016 and headquartered in Goleta, United States. It has raised $26.1M in series a funding, with backing from HHS. The company operates in the HealthTech - Disease Self…

📍 Goleta, United States · Disease Self Management,

Funding snapshot

Last roundSeries A
Amount$2M
Date10 July 2026
Total raised$26M
Team size30

About

Develper of a wearable diagnostic device for continuous glucose monitoring. It offers a painless patch integrated with multiple microneedles that help in glucose monitoring for patients with Type I diabetes. Backed by HHS. The company was founded in 2016 and headquartered in Goleta, United States. It has raised $26.1M in series a funding, with backing from HHS. The company operates in the HealthTech - Disease Self Management, High Tech - Wearable Technology, Life Sciences - Diabetes space. Its offerings span Diabetes - Medical Devices - Monitoring Devices - CGM - M. The company's offerings encompass Wearable Technology - Health and Wellness Devices - Diabetes Monitoring, Disease Self Management - Diabetes - Monitoring - Glucose - Device, Diabetes - Medical Devices - Monitoring Devices - CGM - M.

Business model

Wearable Technology > Health and Wellness Devices > Diabetes Monitoring,

Disease Self Management > Diabetes > Monitoring > Glucose > Device,

Diabetes > Medical Devices > Monitoring Devices > CGM > Minimally Invasive

Team background

College Wise > Massachusetts Institute of Technology, Stanford University

Institutional investors

HHS

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