Know Labs Inc (KNW)

[tim00mike]

FYI - Dexcom launches diabetes-focused venture capital fund

https://www.fiercebiotech.com/medtech/after-its-best-year-ever-dexcom-launches-diabetes-focused-venture-capital-fund


Dexcom Ventures aims to identify and invest in technologies that will support the company’s work in continuous glucose monitoring and related software applications for helping people manage their diabetes. This includes new types of blood sugar sensors, as well as broader methods of tracking a person’s metabolism.

“We strive to be value-add strategic investors by leveraging access to Dexcom’s unique industry expertise and technology leadership,” said incoming Dexcom Ventures chief Steve Pacelli, who also serves as the company’s executive VP of strategy and corporate development. The company’s initial investment in the fund was not disclosed.

“While we have matured as a company over the years, we still consider ourselves to be a ‘start-up’ of sorts,” Pacelli said. “We feel well-positioned to invest early and support our portfolio companies as they pioneer markets.”