Thai fund invests in deep tech firm

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Bangkok Post 1w ago

Thai fund invests in deep tech firm - Bangkok Post

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.