Indigo Diabetes
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
EBITDA | (<1m) | (1.8m) | (<1m) | (2.7m) | (4.6m) | (7.7m) | - |
Profit | (1.6m) | (3.3m) | (2.1m) | (6.2m) | (7.2m) | (13.1m) | (10.4m) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
€7.0m | Series A | ||
N/A | Grant | ||
* | €38.0m | Series B | |
Total Funding | CAD67.5m |
Recent News about Indigo Diabetes
EditIndigo Diabetes N.V. is a Belgium-based startup that operates in the healthcare technology sector. The company is focused on developing innovative solutions for chronic disease management, specifically through the use of continuous multi-metabolite monitoring (CMM®) systems. This technology is designed to aid people living with chronic diseases, such as diabetes, by providing continuous, real-time data on various metabolites in the body.
The company's primary product is a small, implantable sensor that uses silicon photonics technologies to measure a wide range of metabolites. This sensor is implanted just under the skin and provides continuous monitoring of glucose, ketone, and lactate levels, which are crucial for diabetes management. However, the technology has broader applications, with potential uses in managing other chronic diseases such as kidney disease, cardiovascular disease, and even in monitoring athletic performance.
Indigo's business model is based on the development and sale of these innovative medical devices. The company generates revenue through the sale of its CMM® sensors and potentially through partnerships with healthcare providers and institutions. Given the rising prevalence of chronic diseases, the market for such devices is expected to grow significantly, providing a promising outlook for the company.
In terms of leadership, the company recently appointed Dr. Arun Venkatasubramanian, an award-winning engineer with over 15 years of experience, as its Chief Technology Officer. This move signals the company's commitment to technological innovation and excellence.
Keywords: Healthcare Technology, Chronic Disease Management, Continuous Multi-Metabolite Monitoring, Implantable Sensor, Silicon Photonics Technologies, Diabetes Management, Chronic Kidney Disease, Cardiovascular Disease, Athletic Performance Monitoring, Technological Innovation.