D-Pocket personal non-invasive blood glucose monitor from DiaMonTech attracts substantial investment from Samsung Ventures
DiaMonTech has received millions of dollars in funding from venture capital firms as it makes progress with its non-invasive blood glucose monitoring technology and hardware. Even Samsung Ventures, which is a division of the famous multinational Samsung Electronics, has shown interest in DiaMonTech’s D-Pocket monitor and has invested in the healthtech firm. The Investment Director from Samsung Ventures stated, “We are excited to invest in DiaMonTech, a pioneer in non-invasive health monitoring.”
Numerous firms are working on non-invasive and pain-free methods of glucose measurement that do away with lancets and test strips, with DiaMonTech working on three separate solutions of its own. These are the D-Base, which has been used in clinical trials and is the size of a shoebox, the D-Sensor that can be incorporated as a continuous glucose monitor into a wearable such as a smartwatch, and the aforementioned D-Pocket. The latter hardware could be on the market by 2023 as long as it gets FDA approval for use in the US.
The D-Pocket non-invasive glucose monitor looks like a small smartphone-type of device and simply involves the user placing their finger on the sensor. DiaMonTech relies on molecular spectroscopy for measuring glucose levels, so the device uses a red-light laser that causes the glucose molecules in the interstitial fluid to give off heat, which can then be measured. Apparently, in a clinical study held back in 2019, DiaMonTech’s system delivered very encouraging “99.1% precise measurement results”.
No price for the D-Pocket has been published yet as it is still in the development stage. However, securing millions of dollars of funding and attracting a household name such as Samsung can only be seen as positives for DiaMonTech’s future in regard to producing an acceptable non-invasive glucose monitor. There are no disposable parts and the D-Pocket is, as its name suggests, small enough to carry around in a pocket or small bag.