Medella Health is developing smart contact lenses that continuously and non-invasively monitors glucose levels, and transmits that information to a mobile phone, so patients can better manage their diabetes using detailed data analytics and timely feedback.
Location: Canada, Ontario, Kitchener
Employees: 1-10
Total raised: $1.4M
Founded date: 2013
Investors 3
| Date | Name | Website |
| - | Velocity | velocityin... |
| - | 1517 Fund | 1517fund.c... |
| - | Golden Tri... | goldentria... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 04.06.2016 | Seed | $1.4M | - |
Mentions in press and media 6
| Date | Title | Description |
| 03.10.2016 | Fifty Years — The new Silicon Valley VC that wants to save the world AND make money | “We shall escape the absurdity of growing a whole chicken in order to eat the breast or wing, by growing these parts separately under a suitable medium. Synthetic food will, of course, also be used in the future. Nor need the pleasures of t... |
| 08.07.2016 | 46 digital health companies that raised money in the second quarter of 2016 | As we do every quarter, MobiHealthNews has rounded up our Q2 2016 coverage into a handful of longform stories. This section is on funding. In the second quarter of 2016, MobiHealthNews tracked funding for health tech companies that totaled ... |
| 01.06.2016 | Glucose-sensing contact lens developer Medella Health gets $1.4M | Medella Health, the company whose founding team includes a Thiel Fellow and is racing Google and Novartis to develop a glucose-sensing contact lens, has raised $1.4 million in funding. Backers include 1517 Fund, Fifty Years Fund, Garage Cap... |
| 08.06.2015 | New Thiel Fellow is developing glucose-sensing contact lenses | Thiel Foundation has announced that Harry Gandhi, cofounder and CEO of digital health startup Medella Health will be a 2015 Thiel Fellow. Medella Health is developing glucose-sensing contact lenses. This year's group of 20 Thiel Fellows wer... |
| 15.05.2015 | Senior care: AARP finalist ambitions include DIY hearing test, automated accident reporting | Medella CEO Harry Gandhi co-founded the business in 2013. Although the company acknowledged that its approach does not have the realtime accuracy of blood-glucose meters, Medella’s founders see it as a way to passively track trends over tim... |
| - | Senior care: AARP finalist ambitions include DIY hearing test, automated accident reporting | Contact lenses that transmit data on glucose levels to mobile devices (Medella Health), a device that transmits data emergency services when it detects the car’s been in an accident (Splitsecnd) and a medical device business that aspires to... |