Banting Labs gets €70.000 to develop its technology to monitor blood glucose levels

April 24, 2024

Banting Labs, based at the TecnoCampus in Mataró, has secured an investment of 70.000 euros to advance its blood glucose monitoring technology. They develop an integrated multisensor that offers continuous and real-time readings of glucose levels, without being invasive.

diabetes_device_banting_labs

This funding will allow to continue with the development of the prototype and the management of the intellectual property. The company hopes to bring the product to market in 2027 to improve the quality of life for people with diabetes. The idea came from the personal experience of the CEO, whose family member was diagnosed with type 1 diabetes. The device promises to provide accurate and real-time readings, reducing the risk of hypoglycemia and improving glycemic stability for patients. The company is preparing for the first clinical trial to validate the prototype of the device. 

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