Movano Inc., a Pleasanton, Calif.-based health-focused technology company dedicated to enhancing the quality of life for people affected by chronic health conditions, including diabetes, closed its bridge round at $12.5M.
The backers were not disclosed.
Led by Michael Leabman, founder and CEO, Movano is a health-focused technology company using non-invasive technology to enable individuals and their healthcare partners to measure and manage their health conditions.
Since its founding in 2018, Movano has raised nearly $30M to create a wearable non-invasive continuous glucose monitor that is painless, smart and simple.
The additional funding will be used to expand both internal and external testing efforts and accelerate the process of miniaturizing the company’s technology into a single chip that can fit inside a wearable.