Thai fund invests in deep tech firm

Quick Summary:

Thailand-based Disrupt Health Impact Fund closed its first deal by investing in DiaMonTech, a Germany-based deep tech startup developing a non-invasive glucose measurement innovation, in an extension fundraising round that raised around US$5 million from investors.

Mr Krating said the fund will seek core partners in hospitals to distribute the DiaMonTech device.

This technology not only addresses a critical market need, but also offers vast potential for global scalability, targeting both diabetic patients and health-conscious consumers, said Mr Krating.

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Article Details

Category: EconomyBusiness

Markets: ThailandGermany

Topics: Self-care Glucose Technology Health Impact Million Blood Fund Diamontech Disrupt Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 07:01:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23561841

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